The Kamehameha Schools Commercial Real Estate Division (CRED) recently held a blessing and grand opening ceremony for Kolo Village, a six-apartment complex in Mōʻiliʻili. The event celebrated the completion of KS’ $6.6 million renovation of the apartment complex which reverted to the educational trust last summer.
The October 29 celebration was the culmination of over a year of renovations to upgrade the interior and exterior of the buildings as well as revitalize the community activity in the area. The 69 renovated units increases the total number of Mō‘ili‘ili rental units refurbished by KS to 142.
Over 60 attendees were present at the ceremony which included representatives from Hawaii Architecture, Designer Built Systems, the Honolulu Police Department and various Mōʻiliʻili community groups and organizations. Guest speakers included:
- Lance Wilhelm, chairman of the KS Board of Trustees
- David Lassner, University of Hawaiʻi president
- Walter Thoemmes, KS chief of staff
- Ron Lockwood, Old Town Moiliili Business Association president
The celebration welcomed residents to their new home, just steps from the University of Hawaiʻi’s athletic complex. Each resident at the ceremony received a house warming welcome gift of a desk plant, which was comprised of plants incorporated from the living walls at Kolo Village.
“We hope these renovations will enhance this university neighborhood and create a sense of safety and community, and a place people are attracted to,” said Cathy Camp, area development director for Kamehameha Schools.
Upgrades to Kolo Village include amenities such as on-site laundry facilities, privacy fencing, enhanced lighting designs, living walls, pet-friendly units, pet stations and communal barbecue and lounge areas strategically situated to promote resident interaction.
“Kolo Village is definitely the only place within the Mōʻiliʻili area with upgraded amenities,” says apartment resident Eugenie Kitekeiaho, a UH marketing student. “It’s the perfect style for me. It now provides us students with a safer environment.”
Renovated with young professionals and university constituents in mind, Kolo Village rent prices start at $1,200 and fall within 80 to 100 percent of area median income per the federal affordability guidelines. For leasing information, contact Frank Rodriguez of Prudential Locations, at 738-3118 or at frank.rodriguez@pruhawaii.com.
Hats off to the Mōʻiliʻili CRED team for a job well done: Area Director Cathy Camp, Development Manager Sharon Gi, Senior Asset Manager Casey Ching, Senior Real Estate Analyst Constanza Asfura-Heim and Senior Capital Program Manager Stan Iwamoto.
See more photos by KS photographer Michael Young in the I Mua Newsroom photo gallery.
The history of Mōʻiliʻili
Mōʻiliʻili was once rich with loʻi and fishponds fed by the numerous springs in the area.
The land use has changed tremendously over the past century, turning the area from agricultural into a residential and commercial community.
Kamehameha the Great, Kamehameha III, Victoria Kamāmalu, and Charles Lunalilo all frequented Mōʻiliʻili during their respective times.
Over the generations, the famed history of this place has been passed down to Native Hawaiians.
As an educational institution, with strong cultural ties to this ʻāina, Kamehameha Schools is committed to honoring the sacredness of Mōʻiliʻili.
To learn more about our commercial real estate and its importance to our educational mission, visit www.ksbe.edu/cred.
The 69 renovated units increases the total number of Mō‘ili‘ili rental units refurbished by KS to 142.
The Kolo Village units were staged in a contemporary style for the grand opening ceremony on October 29, 2014.
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