HONOLULU—Local officials have green-lighted a proposal for a 1,500-unit residential mixed-use at the site of the former Kam Drive-In.
The Honolulu Star-Advertiser reports that Robertson Properties Group won final approval from the Honolulu City Council this week on the project, in part by agreeing to make at least 30% of its units affordable to those in lower-income categories. Half will need to be on-site, and the remaining affordable units must be either within one-half mile of the project, or near other transit hubs along the city's planned rail transit line, the paper said.
The California-based developer says it will invest $767 million in the mixed-use project which will be built near Pearlridge Center.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
