Real Estate Editor, Pacific Business News Texas-based Hunt Cos. has signed a master development agreement with the Hawaii Public Housing Authority to redevelop the Mayor Wright Homes public housing project in Honolulu, seen here, into a mixed-income and mixed-use residential development. Tina Yuen Hunt Cos. and the Hawaii Public Housing Authority have signed a master development agreement for the $1.3 billion redevelopment of the Mayor Wright Homes in Honolulu, putting the 2,500-unit project on a path to a groundbreaking by the end of 2019. The agreement was signed on Friday, said Steve Colon, president of Hunt Cos.’ development division in Hawaii. The developer and the public housing agency filed a draft environmental impact statement with the state in September, and the project is also starting to go through the federal environmental process under the National Environmental Policy Act and working on other entitlements. The project, as planned, would replace the existing 364 public housing units on a one-for-one basis while adding 2,136 affordable and market-rate rental units in a complex of buildings that would mix low-rise and mid-rise buildings with up to four towers on the 14.8-acre property, along with 80,000 square feet of commercial space, over a build-out that is expected to take at least 10 years.

By Andrew Gomes Posted January 09, 2018 12:24 am

A state agency has again scaled back a plan to build affordable housing on the Kalihi-Palama headquarters of the Hawaii Public Housing Authority. The authority has settled on developing 800 rental apartments for seniors on its 6-acre property, according to a draft environmental impact statement published Monday with the state Office of Environmental Quality Control. A private, nonprofit developer would build the homes over eight years at an estimated cost of $370 million. The number of homes, the target market, the timetable and cost are all new details of the plan that has been taking shape over the last three years. HPHA identified its headquarters containing 13 outdated one-story office buildings at 1002 N. School St. as an inefficient use of state land that could help address a critical need for affordable housing. In January 2015 the agency sought competitive proposals from developers, and in June that year selected California-based Retirement Housing Foundation with a goal of producing as many as 2,000 rental homes. But after hearing community concerns, the maximum was cut to 1,000 homes. In a notice published in August, HPHA said it was considering mixes that included 600 homes for families and 400 for seniors, as well as the inverse. Another option was 800 senior rentals, which is what the agency settled on after its two most recent public meetings in October and November. The agency said in its new report that all 800 senior rentals, a mix of studio and one-bedroom apartments, will be affordable and primarily serve households with incomes between 30 and 60 percent of Honolulu’s annual median income. If the rentals were available now, the income limits would be $21,990 for a single person or $25,110 for a couple at the lower limit, and $43,980 for a single person or $50,220 for a couple at the higher limit. Maximum monthly rents for a studio and one-bedroom unit would be $549 and $588, respectively, at the lower limit and $1,099 and $1,177 at the higher limit. Providing 800 affordable rentals for seniors will help the state get closer to meeting a legislative goal of delivering 22,500 new affordable rental homes between 2017 and 2026, according to the report. “The delivery of new, affordable rental housing units throughout the state of Hawaii is critical,” the report said. HPHA noted that as of October it had 763 people on a waiting list for senior housing at two existing projects across from the redevelopment site. The agency also referenced a 2015 Center for Housing Policy report that ranked Honolulu the second most expensive residential rental market in the nation. Community feedback Building fewer homes at the HPHA site was decided after receiving community feedback, the state report said. Some neighbors opposed the project over concerns that traffic congestion would increase along with demand for parking on surrounding streets. Concerns were also raised over views being blocked by tall buildings, the adequacy of sewer infrastructure and a fear that adding more public housing to the neighborhood would hurt property values and increase crime. HPHA said in its report that the senior rentals aren’t public housing and that reserving homes for seniors will reduce traffic and parking impacts. Under city requirements an 800-unit senior rental would require 400 parking stalls, compared with 1,200 to 1,600 for regular housing depending on the size of apartments. City building height limits for the site are 25 feet for most of the property and 150 feet on one large portion, though exceptions can be made by the City Council for affordable housing. HPHA’s plan calls for three apartment buildings rising around 150 feet among other buildings rising around 70 to 100 feet, with parking, new office space for the agency and some commercial tenant spaces. The tall buildings would be set back from the streets with their narrow sides facing the mountains and ocean to minimize impacts to mauka-makai views. Additionally, HPHA said the project will have internal streets and open spaces including community gardens and miniparks that will help reinvigorate the community. “The proposed project’s unique mixed-use character and high-quality design will create a new community with comfortable streets for walking or biking, and a mix of uses complementary to the surrounding neighborhood,” the report said. There are existing sewer capacity inadequacies, but HPHA said in its report that sewer infrastructure improvements in the area are scheduled for completion in 2020. Delivering the 800 planned new homes could take a decade. The report did not give an estimated time for starting construction because that’s dependent on permits, financing and other factors. HPHA in August estimated that construction was at least 15 months away Kevin D. Auger Housing Development Specialist Hawaii Public Housing Authority 1002 North School Street Honolulu, HI 96817 Phone: (808) 832-4672, Fax (808) 832-4679 NOTICE: This information and attachments are intended only for the use of the individual or entity to which it is addressed, and may contain information that is privileged and/or confidential. If the reader of this message is not the intended recipient, any dissemination, distribution or copying of this communication is strictly prohibited and may be punishable under state and federal law. If you have received this communication and/or attachments in error, please notify the sender via email immediately and destroy all electronic and paper copies.

Janis L. Magin Real Estate Editor Pacific Business News

The Hawaii Public Housing Authority said a master plan to redevelop its administrative campus in Honolulu would include 800 affordable senior rentals, up to 10,000 square feet of retail and commercial spaces at street level near the corner of School Street and Lanakila Avenue, as well as new office space for the state agency, The Hawaii Public Housing Authority is planning to build 800 units of affordable senior rentals as part of a $370 million mixed-use development on the six-acre site of its current administrative campus in Honolulu under a public-private partnership with Retirement Housing Foundation. HPHA said the master plan also calls for up to 10,000 square feet of retail and commercial spaces at street level near the corner of School Street and Lanakila Avenue, as well as new office space for the state agency, according to a draft environmental impact statement published by the state Office of Environmental Quality Control this week. The agency had previously signed a master development agreement with California-based Retirement Housing Foundation. The plan proposes up to three apartment buildings of 15 to 16 stories that would range from 144 feet to 153 feet in height, with lower and mid-rise buildings along the street, which would wrap around a parking structure. Construction would be done in four phases, with each phased taking approximately two years, for a total of eight years. The units would be rented to seniors making between 30 percent and 60 percent of area median income, or between $21,990 and $43,980 for a single person. HPHA had originally considered building a mix of 1,000 family and senior rentals at the site in the EIS preparation notice published in August, but settled on 800 senior units after holding community meetings during the fall. Hakim Ouansafi, the agency’s executive director, previously told PBN that there are some 5,000 seniors on a waiting list for public housing. The project would be the first affordable housing project undertaken by the HPHA, which administers thousand of public housing units across the state, as well as the federal Section 8 housing voucher program in Hawaii. Ouansafi has said the agency also aims to redevelop 10 public housing projects, starting with Mayor Wright Homes near Downtown Honolulu, into mixed-use rental projects with as many as 11,000 new units.

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