Ililani: Kaka’ako’s Newest Condo Project Releases 32 Additional Affordable Units For Sale
Today (September 4, 2020), the developer of the new Ililani condominium tower in Kaka’ako released an additional 32 new affordable units to be offered for sale to the public.
There are 31 two-bedrooms ranging in price from $578,100 to $649,100, and 1 one-bedroom priced at $333,600.
The tower will offer 328 fee-simple residences, 197 of which will be offered as affordable housing units to owner-occupants who meet all of the requirements of Hawai`i Housing Finance & Development Corporation (“HHFDC”) and 131 market-priced units.
Ken Chang, the developer of the Ililani Project states “the additional units for sale are a sign of our commitment to providing affordable housing for the local community”.
The development team has incorporated features at Ililani to address concerns that buyers have about social distancing and sheltering in place.
Every unit will have an open lanai
Incorporating Hand Sanitizing Stations throughout the building
Multiple lobby access points to minimize close proximity in the public areas of the building
E-lounge expanded to increase privacy when working from home
Large outdoor recreation deck with partitioned spaces and outdoor exercise areas.
To learn more about this exciting offering visit https://liveililani.com/affordable-housing/.
Located at 615 Keawe Street, Ililani is the newest addition to Kaka’ako! Just two blocks from SALT at our Kaka’ako and less than a mile to world-famous Ala Moana Beach Park, Ililani offers the convenience of urban living, while amenities such as a community garden and BBQ grills allow residents to grow their own fruits and vegetables and entertain guests outdoors.
Ililani: Fast facts
328 total units
197 affordable, 131 market
8 units per floor
One- and two-bedroom units
Lobby with reception desk
Private ride share fleet of Ililani-owned cars
Car wash area
Dog wash area
Bicycle and surfboard storage with workshop
Workspace and lounge with flatscreen TVs
Multipurpose room for parties, fitness and events
Outdoor cinema experience
Community gardens with citrus grove, flower garden, herb and vegetable farm
A range of ocean, mountain or city views
All units have a lanai
Split air conditioning systems
Washer and dryer in each unit
GE and Samsung appliances
Kitchens and bathrooms feature quartz countertops
Wall-to-wall carpeting and luxury vinyl tile
Qualified Housing Agency: HHFDC
Qualified Housing Type: HHFDC Affordable for sale
Area Median Income (AMI): 0%-140%
Buyback Period: 10 years
Other Required Programs: Shared Appreciation Equity
Ready to get started? Visit the https://liveililani.com/ to set up a virtual tour, or contact your REALTORⓇ.