Ililani is a mixed-use project offering approximately 328 affordable and market rate housing units. The 42 story tower will have a mix of retail space on the ground floor similar to other condo projects in the Kakaako neighborhood. The project will be located within a few minutes of the Civic Rail Station on Keawe street near the corner of Keawe and Queen street. The project will feature an eight story parking structure with an amenity deck on the 9th floor.
Ililani will fall under the the HHFDC affordable housing guidelines and not the HCDA reserved housing guidelines like the majority of projects in Kakaako. Specifics about eligibility requirements and qualifications have not yet been released.
Of the 328 units for sale in the building, 165 will be affordable housing with the remaining 163 units to be sold at market rate.
Want to read up on some FAQs for the affordable housing program? Check out our Affordable Housing FAQs.
Ililani is located within walking distance of popular shopping areas of SALT and Keauhou Lane. With it's close proximity to downtown Honolulu, residents will have the opportunity to walk or ride a Biki to work! With all the new restaurants, bars, and shops popping up around Ililani, it's the future residents who are really going to benefit.
The amenity deck which will be located on the rooftop of the eight floor parking structure will span 12,000 sf. Not the largest by Kakaako standards but a unique feature will be garden boxes that will be up for bid so that owners may grow food plants. There will also be roughly 2,800 sf. of indoor recreation space.
There will be two different floor plans on offer at Ililani. A two-bedroom two-bath 870 sf unit with lanai, and a one-bedroom one-bath 570 sf. unit also with a lanai.
With just two different floor plans to choose from and not a lot of amenities for entertainment this project is really about being a part of the Kakaako neighborhood. Having worked and lived in Kakaako myself I have firsthand experience of how convenient living in Kakaako is. Walking to down to earth for groceries, lunch at Pioneer Saloon, drinks at Aloha Beer, ice cream at Butterfly at SALT everything you need is literally minutes by foot away.
Did I mention that the future Civic Rail Station will be located across the street? I know the rail is a polarizing topic here in Hawaii but you can't deny the convenience and accessibility that it'll provide you living in Kakaako. 13 minutes to the airport? Five minutes to the Ala Moana Shopping Center? SIGN ME UP!
Ililani and its affordable housing program will provide the opportunity for 165 future Kakaako homeowners to live a lifestyle that most local Honolulu residents aren'y accustomed to. If you make less than the maximum income (that is TBD) than I highly recommend you enter the lottery for these units. Although it may not be a once in a lifetime opportunity, it'll certainly be a worthwhile investment of your time.
Read more about the Affordable Housing FAQs here.