Take a drive through Kakaako and you'll see in no time that real estate is booming in the area. With both Howard Hughes' and Kamehameha Schools' proposed master plans underway, condos are coming up on every other block.
Waihonua was finished at the end of 2014 with neighboring ONE Ala Moana, just a few blocks outside of the Kakaako area, completed around the same time. There are currently three condos under construction in the Kakaako neighborhood including The Collection, Waiea, and Anaha, with Park Lane, located in the nearby Ala Moana neighborhood, also under construction. Keauhou Place is the most affordable condo tower in Kakaako with sales ongoing, and will begin construction soon. Sales for owner-occupant units will start on March 20, 2015. Vida at 888 Ala Moana is an upcoming luxury project being developed by the same group as Hokua at 1288 Ala Moana. Sales will start in a few months.
With all these new projects coming up you might be asking yourself "Where do I even start?" Arming yourself with the as much information as possible should be your first task. Learning about Kakaako's walk score and what part of the neighborhood you want to live in should be a big part of the decision making process. If the proposed rail is something you think you will be utilizing on a daily basis, choosing a condo within a few minutes walk should be a priority. If ocean views and a short walk to your favorite coffee shop is all that matters in the world, than your decision may be easier than you think.
At the end of the day if you're thinking about making the move to Kakaako and don't know where to start, I hope my recent blog posts will help to guide you in the right direction. For real estate advice tailored to your specific needs, feel free to contact me at Holden@kakaako.com.