Azure Ala Moana is a new residential mix-use tower being developed by Prospac Holdings Group. The project will be a 41 story high-rise featuring 429 mix-used units located at the corner of Keaumoku and Makaloa street. The project is being built under the TOD (trasit oriented development) rules which allow for the developer to build to 400 feet instead of the 250 foot height limit for the Ala Moana area.
According to the TOD website, "Tansit-oriented development (TOD) is a pattern of different uses—housing, jobs, and services—surrounding a transit station that takes advantage of the convenience and affordability of transit. A TOD neighborhood is vibrant, dynamic, and pedestrian- and bicycle-friendly." TOD helps eliminate urban sprawl attracting developers to build within walking distance to future rail stations. The end result is a walkable community with more green space and less pollution.
Azure Ala Moana will feature 347 market rate units and 78 "affordable" rentals. It's unsure at this time what price point these units will be released at and how high end it will be. Please sign up below to receive updates about this project.