HALAWA VIEW II & III
On July 11, 2019, the State of Hawaii’s Housing Finance and Development Corp. approved a total of $130 million in tax-exempt bonds, low-interest loans, state and federal tax credits for the 24-story tower and adjacent 22-story tower, which will provide 302 low-income rental apartments in Halawa about ½ mile from Aloha Stadium. HCDB and California-based Pacific Development Group formed Halawa View Housing Partners LP, which hopes to start construction beginning of 2022 and finish by mid 2023.
These combined towers are in addition to the existing Halawa View Apartments complex that has 121 low-income rental rehabilitated apartments in a roughly 140-foot tower, and 2 three-story buildings on a 3-acre site which the partnership developed in 2016. This second phase will include a 7-level podium parking garage with 457 parking stalls and 18 floors of residential offering modern studios, one, two, and four bedroom units. The 3.11 acre site is located in the Halawa Area TOD and is situated between Aloha Stadium and Pearl Harbor with views of the Arizona Memorial.
The project vision is to contribute to the neighborhood needs and to align with the Halawa Area TOD Plan developed by the City and County of Honolulu. Community features will include an outdoor plaza overlooking Halawa Stream, barbecue and picnic areas, a playground, community gardens, and large displays of public art. Community spaces will also be found throughout various levels of the high rise building and will include a fitness center, a study for after school programs, a kids club for the keiki, and a multi-level sky lounge on levels 21 and 22 showcasing sweeping views over Pearl Harbor and Halawa Stream.
Adjacent private and public lands are expected be redeveloped over the next several years in anticipation of the rail line opening from Kapolei to the stadium late next year. The State also enacted a law providing $350 million to replace the Aloha Stadium.