Workforce housing tower proposed in Kakaako
A development firm led by Franco Mola has proposed developing 217 workforce housing units in Kakaako on a roughly half-acre site presently occupied by single-story industrial buildings.
MJF Development Corp. led by Mola submitted a development application for the project with the Hawaii Community Development Authority last month.
The agency, which oversees development in Kakaako, has scheduled two public hearings on the plan.
The first meeting is slated for 9 a.m. on May 1, and is slated to include a presentation by MJF. The agency will host a second public hearing on June 5, after which a decision on the application is expected by the agency’s board.
The property borders Kawaiahao Street and the ewa end of Waimanu Street between the Imperial Plaza tower and a self-storage facility.
Mola, though companies including Coastal Rim Properties Inc., has been involved in development mainly in California and Hawaii, including the 176-unit affordable senior apartment building Kulana Hale in Honolulu.
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Coastal Rim’s website says Mola has overseen planning and construction of over 4,300 homes.