Reserved housing lottery is now complete and home selection appointments will commence June 30, 2018. Each prospect will be able to select from inventory available at the appointment time.
If you are possibly interested in purchasing a residence at Aalii please call new condo project expert Marcel Chan (R) at (808) 392-1501 or email Marcel@HawaiiLiving.com.
Marcel has been involved in new condo project sales in Kakaako for several years and he has personally closed over 100 sales in Kakaako within the past 5 years.
It is all about “Smarter Living” – less interior square footage, creative furniture and a focus on living your life outside your condo walls (enjoying amenities, nearby shops, restaurants, beaches, yoga classes, events etc). Check out this video on YouTube talking about the Smarter Living concept.
Aalii in Brief
Price Range: ~$400,000 to ~$1,500,000
Units: 751 units total
Ceiling Height: 8ft 6inches.
Appliances: Boesch, which includes washer, dryer, microwave hood and dishwasher (in all units).
Furniture: All units are priced with a turn-key furniture package. Owners can purchase at a slight reduced price, without the furniture package (except the podium studios where the furniture package cannot be excluded).
2 Structures: 1 x 42 story Tower with 18 units per floor (studio – 2BR and the 2BR are the 4 corner units) and 1 x Podium structure with units on 2nd – 7th floor (several studios and 1 x 1BR per floor).
Size: Studio = 277 – 373sf, 1BR = 430 – 624sf, 2BR = 696 – 835sf (4 corner units).
Lanai: All units in the tower will have a usable balcony (big enough to put a small table).
Parking: Total 767 stalls (most units will come with 1 stall – some 2BR 2 stalls) located on 1st to 7th floor.
Elevators: 6 total in tower – 3 elevators located in opposing ends of tower to serve 9 units each.
601 units will be market priced and 150 units will be reserved housing** (scroll to bottom of this post to learn more).
Expected completion: Year 2021.
92,072 sqf lot with 15,000 sqf of retail space on ground level.
Designer: Solomon Cordwell Buenz (SF based and designer of luxury Anaha) together with Ferraro Choi & Associates (HNL based).
206 feet west of Ae’o, as show on below map. Address: 987 Queen St, Honolulu, HI 96814. Primary access via private drive between Queen and Auahi St and a secondary access via Halekauwila St extension off Kamakee St. There are plans to develop a 3 acre park in front of Aalii.
~30,000 sf 8th floor amenity deck with Pool (8,000 sf), BBQ pavilions, 5 private rooms (about 800sf interior and 700sf outdoor space with kitchen), kids play area, kids pool, lounge chairs and entertainment area.
~9,000 sf of 42nd floor penthouse level amenity deck (called “Lanai 42”) with fitness center, yoga room, meeting rooms, pool table, outdoor sky terrace and recreation space.
1st floor bike storage and storage rooms throughout parking structure.
1st floor dog park.
What Does Aalii Mean
Aalii is the name of a small bushy tree native to Hawaii (also found in Africa and Australia) with sticky leaves and dark wood.
Reserved housing units
150 of the units at Aalii are so called Reserved Housing units. These are units only available to purchase for residents in the State of Hawaii who fall within certain income brackets, do not own other real estate and some other parameters. The local government takes a certain % ownership (typically around 20%) and if an owner wants to sell within a certain number of years there are typically certain buy-back clauses. Theses rules frequently change.
Disclaimer: The above includes graphical renderings of a planned project and subject to change from time to time. It has not yet, and need not, be built. This is not intended to be an offer to sell nor a solicitation of offers to buy real estate.