The Central Ala Moana
STATUS: Under Construction
NUMBER OF RESIDENCES: 202
1, 2, & 3-Bedrooms
1-Bedrooms: $580K – $630K
2-Bedrooms: $777K – $998K
3-Bedrooms: $990K – $1.398M
INTERIOR SQUARE FOOTAGES*:
Studios: 397-443 sq. ft.
1-Bedrooms: 693-702 sq. ft.
2-Bedrooms: 979-1159 sq. ft.
3-Bedrooms: 1238-1507 sq. ft.
Note: Every residence has a lanai ranging in size from 71-150 sq.ft.
MAINTENANCE FEE*: $0.69/ Sq. Ft. of Living Area (Water, Sewer, Cable & Internet)
(Information & Materials Courtesy of the Developer SamKoo Pacific, LLC)
The Central Ala Moana Overview
The Central Ala Moana has a total of 512 residences. What is highly unusual is that 310 (60%) of these residences will be designated for those who meet the residency, income & asset restrictions of HHFDC’s Affordable Housing Program for those earning no more than 80-140% AMI of Honolulu’s Area Median Income (AMI) for their Family/Household Size. This is a very large number of “Affordable” residences for a condominium of this size! These HHFDC Affordable residences will be sold via a Lottery system w/the Lottery Application Period to enter the Lottery ending on 1/14/19, so there will be almost a 2 month period to complete your Lottery Application and turn it in. For more information regarding the Affordable Housing Lottery, click on the link below.
Interior square footages of the residences will range from 397 sq. ft. for the smallest studio up to as large as 1507 sq. ft. for the largest 3-bedroom! Definitely “normal” sized residences compared to Honolulu’s average condominium sizes. Monthly maintenance fees will be released soon… stay-tuned. The building will be an “upgraded” version of The Kapiolani Residence with larger units, equal or “superior” finishes & more amenities! Construction is anticipated to start sometime in 2019 with completion expected sometime in 2021.
The Central Ala Moana Sales Center is now open! IF you want Expert Buyer Representation please make an appointment with me to view the Sales Center. Click on the link below to make an appointment.
The Central Ala Moana Image Gallery
All Images Courtesy of SamKoo Pacific LLC.
The Central Ala Moana in the News
Article: “SamKoo launching sales for second Kapiolani condo tower”, Pacific Business News, November 7, 2018.
Article: “SamKoo to hold buyer seminars for second Honolulu tower”, Pacific Business News, November 2, 2018.
Article: “Developer offers affordable housing education seminars”, KHON2, November 2, 2018.
Article: “Affordable housing complex to bring hundreds of new units to Ala Moana area”, Honolulu Star-Advertiser, August 15, 2018.
Article: “SamKoo project up for final vote”, Honolulu Star-Advertiser, August 14, 2018.
Article: “Zoning face-off likely over Ala Moana parcel”, Honolulu Star-Advertiser, August 12, 2018.
Article: “SamKoo expects to start building second Honolulu tower in early 2019”, Pacific Business News, March 2, 2018.
Meeting Agenda: Presentation to the Ala Moana-Kakaako Neighborhood Board No. 11, City and County of Honolulu Office of Climate Change, Sustainability and Resiliency, February 27, 2018.
Article: “Developer seeks to add second tower for housing”, Honolulu Star-Advertiser, July 1, 2017.
Video: “Thousands vie for units in new property near Ala Moana Center priced below market,” HawaiiNewsNow, November 12, 2018 at 6:02 PM HST by Chelsea Davis.
Video: “Ala Moana affordable housing units up for sale,” KITV, Monday, November 12th 2018, 2:44 PM HST by Laura Schweizer.
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Tracy Yamato (RA) CRS and Hawaii Living LLC DO NOT represent the Developer/Seller but are Buyer’s Agents with respect to any sale in Ko’ula. The Seller/Developer is SamKoo Pacific LLC.
As a Buyer’s Agent, Tracy will look after after YOUR BEST INTERESTS. Tracy is a dedicated full-time Realtor with over 25-years of experience in Hawaii real estate, specializing in new condominium developments in Honolulu.
He most recently served as the Sales Manager for Keola La’i, a new 352 unit condominium in Kaka’ako (2008). He also was a member of the Sales Teams for One Archer Lane (1998), Lanikea at Waikiki (2005), Moana Pacific (2007) and The Cove Waikiki (2014).