Plans Move Forward for Robertson Properties’ Mixed-Use Project on Oahu
- Aug 31, 2012
Los Angeles-based Robertson Properties Group has submitted the final environmental impact statement for the $767 million mixed-use project the company plans to develop on the site of the former Kamehameha Drive-in property in Aiea.
Situated across from Pearlridge Center, the commercial and residential community will include 1,500 multifamily homes, about 143,000 square feet of retail and restaurant space, and as much as 80,000 square feet of office space.
According to the Pacific Business News, the original project was scaled back last fall. Initial plans called for three 350-foot-high towers and two 60- to 80-foot buildings, whereas the revised version proposes one 350-foot tower and four shorter buildings ranging in height from 150 to 300 feet.
If approved, the new development will be known as Live, Work, Play ‘Aiea and will generate a base economic impact of $2.4 billion. Construction is expected to create approximately 980 jobs during an estimated build-out period of 13 years, the company said in a news release.
In regional news, Brookfield Homes Hawaii launched a new phase of Big Island luxury homes at private golf course community KaMilo at Mauna Lani Resort (pictured in the rendering above).
The development will include a gated community of 137 single-family and paired homes, in close proximity to beaches, cultural landmarks and local specialty markets.
“Our new phase of homes will reside on some of the most desirable, undeveloped property on the Kohala Coast and will include an impressive selection of exquisite island-inspired upgrades,” said Jeff Prostor, president of Brookfield Homes Hawaii.
The company’s Priority Reservation program offers buyers the opportunity to select their preferred home site early in the development stages and to choose from a variety of design upgrades.
Residents will have access to a fitness center, two pools, spas and an outdoor gathering pavilion. The three- and four-bedroom homes range from approximately 2,212 to 3,781 square feet, including garage and lanai.
Photo credits: www.brookfieldhawaii.com