City announces new affordable housing in Chinatown
Posted: May 26, 2015 3:50 PM HSTUpdated: May 26, 2015 4:57 PM HST
The building will have a three story parking garage, and plenty of recreation space–from activity rooms, to an open space, and a pet park.
“[There] will be a 10,00 square foot community center that’s opened up to the entire community, then there’s also going to be about a 2000 square foot retail center,” said Monika Mordasini of The Michaels Development
Plans call for photovoltaic rooftop panels, and natural lighting and ventilation.
“We can build a lot of units here and bring a lot of people to the site, but reduce the impact of this building on the city’s infrastructure, we know that’s a challenge,” added Adam Woltag of WRNS Studio.
The project is estimated to cost around 50 million dollars. The developer is just now beginning to look at different ways to finance construction.
The estimated timeframe for delivery is approximately three years, with groundbreaking slated for 2016.