Many future homeowners gathered in Ward Village Tuesday to celebrate the groundbreaking of Ke Kilohana.
The 43-story condominium will be located on the corner of Ward Avenue and Halekauwila Street, and feature one-, two- and three-bedroom residences with a 23,000-square-foot Longs Drug store on the ground floor.
Out of 424 total units, 375 were reserved housing units priced for local, first-time home-buyers with incomes between 100 and 140 percent of Honolulu’s area median income. In April, all of the reserved housing units offered for sale were under contract in less than five days.
“Ke Kilohana talks about one of the highest peaks of the Koolau mountain range, but metaphorically it talks about this idea of striving to the highest and striving for your goals,” said Todd Apo, vice president of community development for The Howard Hughes Corporation. “As you look at all of these first-time homeowners, Hawaii residents, they’re having the chance to enter home ownership here within Ward Village.”
“To have that opportunity to be fortunate to be a part of a project like this, it’s really exciting,” said buyer Ricky Muraoka. “I actually work a block away from here, so to be able to live, work, and have all sorts of recreational opportunities, the Ward theaters, all the shopping, the yoga studios, things along that line, that’s really appealing and I think it’s going to make life really enjoyable for the foreseeable future.”
Construction on Ke Kilohana is expected to be completed in 2019.