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    Ililani

    Ililani Condo

     

    The next condominium on the rise in Kakaako is Ililani which will feature a mix of affordable housing and market units. It’ll be located on the corner of Keawe St. and Halekauwila St. This project will be designed by Kenneth Kai Chang and developed by Kam Development LLC. 

     

    ililani ground floor

    42-Story Tower (400 Ft Tall)

    328 Residences

    165 Affordable Units

    163 Market Units

     

    8 units per floor

    Lobby and Reception Desk

    24-hour security

    Private Ililani-owned Exclusive Fleet of Car-Share Vehicles

    Pet Friendly, no more than two (2) pets, 35lb max each, per unit.

    Dog wash Area

    Bike and Surfboard Storage

    Ground Level Retail and Restaurant Space

     

    Affordable 1-bed Prices: $312,000-$584,000

    Affordable 2-bed Prices: $373,000-$657,000

    Affordable application for Ililani has passed. Please contact us to stay updated on future affordable projects.

     

    Market Prices: $665,000-$904,500

     

    Maintenance Fee: Est. $0.58/sqft including water, sewer, common area maintenance

     

    Completion targeted for 2021.

     

    Ililani Lifestyle Video

    Lower Level Floor Plate

    Ililani lower floor plate

     

    Upper Level Floor Plate (Floors 16-42)

    Upper Level Floor Plate

    Residences

    Ililani Living Room

     

    Units will have a range of ocean, mountain or city views

     

    All units will have a lanai split air conditioning system

    Washer and dryer in each unit

    GE and Samsung Appliances

    Kitchens and bathrooms will feature quartz countertops

    wall to wall carpeting and luxury vinyl tile

    1 bedrooms: 511-578 interior sqft

    Lanai: 63-89 sq ft

     

    2 bedrooms: 772-826 sqft

    Lanai: 67-89 sqft

     

    Ililani Bedroom

     

    Location

    Located on two lots, 615 Keawe and 690 Halekauwila St., Iliani will have all the conveniences of urban Honolulu in the trending Kakaako neighborhood. Close enough to downtown where residents have the option to bike or walk to work. Minutes away from restaurants, grocery, fitness/gym, office supply shops, parks, and more. This growing neighborhood is just a short distance away from multiple entertainment options in Ward Village, Ala Moana, and Ala Moana Beach Park/Magic Island.

     

    Ililani Map

     

    Amenity Deck 

    Ililani Amenity

    Affordable Housing

    Affordable application for Ililani has passed. Please contact us to stay updated on future affordable projects.

    With each new condo project that comes up in Oahu, there tends to be a little change or clarifications on their affordable guidelines. Ililani’s affordable units will fall under HHFDC’s affordable guidelines. (From The Central Ala Moana, will be updated with Ililani when info is released)

     

    Elibility Requirements 

    1. US Citizen
    2. 18+ years old
    3. Resident of Hawaii
    4. Shall physically reside in the unit purchased
    5. Does not own a majority interest in a fee simple or leasehold property in the world
    6. Has sufficient gross income to qualify for the loan to finance the purchase
    7. Has a need for housing in accordance with the law

    Note: Applicants must maintain eligibility until home purchase is complete.

     

    Affordable Restrictions

    1. HHFDC Buyback Program – Requires owner to occupy the unit as a primary residence for 10 years. If for any reason owner needs to sell, HHFDC has the first right to purchase back the unit. (After 10 years, owner is able to sell the unit at market value)

    2. Shared Appreciation Equity (SAE) – It is the sharing of the property’s net appreciation with the HHFDC in exchange for the buyer’s opportunity to purchase unit at below market prices. SAE can be paid back anytime after owner moves in. It’s calculated based on a percentage and what the unit appraised for at closing. 

     

    Income Limits

    Applicants must also fall under the 140% Average Median Income (AMI) depending on their family household size.

    AMI

     

    Includes sum of gross monthly income from all household members, 18 and over.

    • full-time job
    • part-time jobs comprising a 40 hour work week
    • cost of living allowance (COLA)
    • Dividends
    • Interest
    • Royalties
    • Pensions or annuity distributions
    • VA compensation
    • net rental income
    • alimony or child support
    • social security benefits
    • works compensation

     

    Does NOT Include:

    • Overtime income
    • Bonuses (not customarily paid)
    • other income from secondary part-time employment

     

    Affordable Pricing

    Affordable Ililani Pricing

    Market-Unit Prices (Last Updated: 1/23/2020)

    Ililani Market-Unit Pricing

    New Renderings

    Ililani LobbyIlilani Lobby

    Ililani E-Lounge

    Ililani E-Lounge

    Ililani Multi-Purpose Room

    Ililani Multi-Purpose Room

    Ililani Community Garden

    Ililani Community Garden

    Ililani Rec Deck

    Ililani Rec Deck

     

    Process – Please register your interest in our contact form below to get started on the sales process.  Let us help you get started!

     

    Make sure you have a Buyers Agent!

     

    * I do not represent the developer nor am I part of the sales team. I make no representations on their behalf. If you want information directly from the sales office I urge you to contact them directly. If you would like me to help represent you as your real estate professional I would be happy to meet with you. 

     

    Fill out my online form.

     


    Hawaii Starts Here | Joe Castaneda (R)

    Real Satisfied Joe Castaneda Reviews Zillow Joe Castaneda Reviews

    Joe is realtor with Better Homes and Gardens Real Estate Advantage Realty. He majored in finance and has experience as a former mortgage loan originator. He has helped buyers both with new project loans and going through the process of applying and obtaining units in new projects. He uses his finance, mortgage, and real estate knowledge to help home buyers find the right properties to fit their needs. Contact Joe by phone or email at (808) 351-8394 or JoeC@BetterHawaii.com

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    Better Homes and Gardens Real Estate Advantage Realty West
    Joe Castaneda (R) RB-23007
    Better Homes and Gardens Real Estate Advantage Realty West
    91-5431 Kapolei Parkway, Box 1109
    Kapolei, HI 96707

    JoeC@BetterHawaii.com
    (808) 351-8394

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