A new era of affordable housing has dawned in Downtown Honolulu, presenting a groundbreaking solution for young professionals in need of cost-effective living arrangements.
First-of-its-kind Office-to-Residential Transformation Unveiled
The City and County of Honolulu's innovative Bill 7 program has ushered in the first-ever office-to-residential conversion, marking a significant milestone in the realm of affordable housing. This transformative project at 1060 Bishop Street signifies a pivotal moment for the community, offering a diverse array of units tailored to individuals earning 80% or less of the area median income.
A Vision for the Future of Housing in Honolulu
Robert Kurisu, principal of 1060 Bishop Street, LLC, expressed gratitude for the opportunity to combat Hawaii's affordable housing crisis through this visionary initiative. By repurposing an existing structure to address the pressing need for housing in Honolulu, the project not only provides essential living spaces but also rejuvenates the downtown area.
Innovative Living Spaces for Every Need
The development boasts 52 units, featuring studios spanning 281 to 391 square feet, priced at $1,950 per month. For those seeking more space, one-bedroom units range from 372 to 581 square feet, with rents starting at $2,089 per month. Additionally, two-bedroom units offer 791 square feet of living space for $2,506 per month. The inclusive rental packages cover utilities, with the option to avail of a discounted TV and high-speed internet bundle for added convenience.
Opportunities for Application Now Open
Applications are currently being accepted for studio, one-bedroom, and two-bedroom apartments, presenting interested individuals with the chance to secure a modern and affordable living arrangement. Take the first step towards a vibrant urban lifestyle by learning more about the project and submitting lease applications today. Don't miss out on this unprecedented opportunity in Downtown Honolulu!