Updates April 2017: 10 tower units and 3 townhomes available - all other units sold out. A 13,000sqf grocery store is expected to open at Keauhou Lane (expected completion late 2017). Keauhou Lane is a 200+ affordable rental units and 30,000sqft+ commercial space next to the residential tower, Keauhou Place.
Good to Know about Keauhou Place Expected completion: Late 2017 or early 2018. Address: 500 South Street. 400ft high-rise tower with 388 units and a low-rise (42ft) townhome complex with 35 units (it will be allowed to use some townhouse units as home & office combined) Keauhou Place is the residential part (tower and townhomes) and Keauhou Lane is the commercial section, adjacent to Keauhou Place. Mix of 1, 2 and 3BR (townhomes only 2-3BR). Ceiling Height in Tower: Standard floors = 8'6", 38F = 9'6" and 39F - 43F = 9'2". Ceiling Height in Townhomes: 9'. Maintenance Fees: ~$0.66 / interior sf. Lanais (balconies): Most units have a decent size lanai - penthouse units do not have lanais. Keauhou Place is part of Kamehameha School’s Our Kakaako. Standard rooms will have carpet in the living & bedrooms, porcelain in bathrooms and a vinyl flooring in kitchens. Most 1BR's will have 1 parking stall, most 2BR's will have 2 parking stalls and all 3BR's will have 2 parking stalls. Amenities on the 8th floor include pool, jacuzzi, finess, BBQ, common room &. garden space. Additionally the project will have surfboard and bike storage. Developer: Stanford Carr.
Payment Process a) $10,000 upfront, b) 10% of purchase price minus $10,000 within 30 days, c) another 10% of purchase price within 60 days of initial contract signing. This means total 20% due within 60 days of signing and outstanding balance due upon completion. 20% of units will be reserved housing units (a buyer of these units must be an owner occupant, must have income within certain parameters and also fulfil several other requirements).