KS selects Stanford Carr Development for Our Kaka‘ako mixed-use project

Mar. 10, 2022

Kamehameha Schools has selected Stanford Carr Development LLC (SCD) to redevelop Kahuina, meaning “the crossroads and intersections,” as a mixed-use project in the Our Kaka‘ako master plan neighborhood. The 3.66-acre block, bordered by Cooke, Auahi, Coral and Pohukaina streets, is projected to include 859 residential units with 60 percent of the units designated as workforce and affordable housing. Construction is anticipated to start in late 2023 with completion expected by the summer of 2026.

Kahuina will also include 35,000 square feet of commercial space planned to help support our local economy and expand the dining and shopping options for nearby residents and kamaʻāina in Our Kakaʻako.

"We are delighted to collaborate with Kamehameha Schools on another transit -oriented mixed-use and mixed-income community that addresses a broader spectrum of the housing ladder that will serve more in our local community,” said SCD president Stanford Carr.

This is SCD’s fourth major project in Kakaʻako, including Keauhou Place, the 43-story, 423-unit mixed-use condominium and townhouse complex that opened in 2017; Hale Kewalo, an 11-story, 128-unit structure; and Halekauwila Place, a 19-story, 204-unit structure. Both Hale Kewalo and Halekauwila Place offer modern, high-quality affordable rental housing to Hawaiʻi families.

“We are excited to work with Stanford Carr Development to bring much-needed lower cost and diverse housing options to urban Honolulu and further diversity into Our Kaka‘ako,” said Serge Krivatsy, KS commercial real estate director of Planning and Development. “They share our vision and commitment to invest in and sustain a healthy, vibrant community that is culturally connected and anchored by a strong sense of place. We also mahalo members of the community for their time and support to help get us to this point. KS remains committed to stewarding Our Kaka‘ako as part of our overall ʻĀina Pauahi landholdings to ensure long-term productivity in support of our educational mission to serve Native Hawaiian learners.”

Workforce and affordable housing
The Kahuina mixed-use project will include two residential structures. A 43-story structure named, Lamakū, meaning “large standing torch,” is planned to offer up to 120 units of workforce for-sale housing in addition to 329 market for-sale units. The adjacent 32-story structure, named Māmalu honoring the legacy of Princess Victoria Kamāmalu, will feature 125 units of affordable rental housing plus 273 units of workforce for-sale housing. In addition to the 35,000 square feet of ground-floor commercial space, the project will include a nine-story, 1,000+ stall parking garage, 12 live/work lofts, and open-air gathering places.

The workforce for-sale housing will offer one, two and three-bedroom units that will be available to households earning between 100 and 140% of the area median income (AMI) as established by the U.S. Department of Housing and Urban Development.

The affordable rental housing will offer one, two and three-bedroom units that will be available to households whose incomes are between 30 and 100 percent of the AMI, providing affordable housing opportunities for families starting up the housing ladder.

Workforce and affordable units, totaling 518 new homes, provide opportunities for many of our educators, first responders, healthcare workers, government employees, and others to create new memories and a home within Honolulu’s urban core.