ProsPac Tower is a proposed new 400ft condo project near Ala Moana Shopping Center, on a corner of Keeaumoku St and Makaloa St – 627 & 641 Keeaumoku St. The proposed project would include 429 units of which 351 are sold as market rate units and 78 are affordable rental units (must earn 80% or less of area median income). The developer has proposed creating 2 separate entrances for the market rate sales and rental units, viewing them as almost 2 separate projects. This has created some uproar, some arguing it is segregation of income classes.
The developer is seeking a special area permit (this area typically only allowed to built up to 250ft) and such permit typically doesn’t require affordable units to be included and a City council member expressed concerned about losing such affordable rental units if not considering the option for 2 separate entrances.
More updates coming as this develops.
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