Ka Wai Ola - Office of Hawaiian Affairs, Volume 29, Number 11, 1 November 2012 — KS opens its first residential project in Kakaʻako [ARTICLE]

KS opens its first residential project in Kakaʻako

The first residents are expected to move in this month into Kamehameha Schools' first residential project of its master-planned development in Kaka'ako. The landowner began accepting rental applications Oct. 29 for the 42 studio apartments and 12 one-bedroom apartments at the former office and retail building now known as Six Eighty, located at 680 Ala Moana Boulevard. The building comprises three stories of apartments built above 8,600 square feet of ground-floor commercial space. Starbucks opened a store there in September. Apartments feature an openconcept floor plan, stainless steel appliances, vinyl whitewashed floors, air conditioning and a water heater. Amenities include eommunity laundry on eaeh floor, a game room, media room, and barheeue and lounge areas. Monthly rents range from $1,100 to $1,400. Ineome and asset restrictions apply. Renters must live in their units and their maximum annual adjusted household ineome must not exceed Honolulu's median ineome, or $57,890 for one person, $66,160 for two people, and $74,430 for three people. Applications are accepted on a first-come, first-serve basis. The 54 apartments are the first of 2,750 units that KS anticipates building as part of its 29-acre master plan in Kaka'ako, whieh will feature living units for sale and rent targeting various ineome levels, including street-level urban townhomes, work-live units and high-rise condominiums. For Six Eighty applications, visit Cinus Asset Management Inc.'s offices at 441 Walina St., Suite 100, in Honolulu or go online to 680alamoana.com, email 680alamoana@cirrusami.com orcall(808) 226-9876.

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