Dec 3, 2013, 6:54am HST
Duane Shimogawa Reporter – Pacific Business News
The Hawaii Community Development Authority expects to make a decision on Wednesday regarding a Honolulu developer’s plan to build a second residential tower in Kakaako with an accompanying 10-story parking garage on the site of the former Honolulu Advertiser building, the state said Monday.
The state agency that’s overseeing the redevelopment of Kakaako is holding a second public hearing on the permit application by Downtown Capital LLC, which is headed up by Hawaii developer Marshall Hung, on Wednesday at its office at 461 Cooke St., starting at 9 a.m.
The workforce housing condominium, which would include some 400 units, is part of the 801 South St. project, which includes a first phase of 635 units that have sold out.
Together, the two towers are expected to have a total of about just over 1,000 units.
The 801 South St. project is expected to cost $400 million to develop and will create 350 construction jobs.
The second building application will include a partial demolition of the back portion of the existing Honolulu Advertiser building, which was once used as a soundstage for the CBS crime drama “Hawaii Five-0.”