Artspace Lofts an affordable rental project starts work

Work began a couple of weeks ago on a 30,000 sf lot at 1025 Waimanu St, home of the long awaited affordable rental project dubbed Ola Ka 'Ilima Artspace Lofts. Located across the street from the Pacifica Honolulu condo in Kaka'ako, this 8 story mixed-use nonprofit art complex will consist of 84 units comprised of 1, 2 and 3 bedrooms. In addition, the commercial/community spaces will include an Arts & Culture Center, a community room, and a commercial space for arts-oriented businesses. Affordable rents for the residential units will range from 30%, 50%, and 60% of AMI.