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Sandwiched between the actual downtown area of Honolulu on the west and Ala Moana on the east is the neighborhood called Kaka?ako. It is also bordered by the southern shoreline of Oahu and the neighborhood of Makiki to the north. Kaka’ako is a commercial and retail district in Honolulu that is currently undergoing a major transformation funded by a project from Kamehameha Schools and Castle and Cooke Homes. Over the next few years to come, Kaka’ako is sure to become one of the most desirable areas in all of Honolulu.
Centuries ago, Kaka?ako was once a thriving Native Hawaiian community with agricultural terraces. It was known for salt making, wetland agriculture and fishing. Because it is bordered by the southern shoreline of Oahu, it was also a port for foreign ships. Unfortunately, in the mid-1800s, those ships brought smallpox to Kaka’ako which devastated the area.
Fast-forward to the mid-1900s, Kaka’ako was revitalized with commercial businesses which took over the residential properties. For the most part, the area consisted of industrial business.
Today, Kaka’ako is undergoing another come back. This time, the focus is on condos and a stronger neighborhood atmosphere complete with a focal point containing retail and commercial mixed-use space.
Our Kaka’ako is a new real estate project under construction in Kaka’ako. Its development is directed by Kamehameha Schools and Castle Cook Homes Hawai’i and is estimated to take up to 20 years to complete. The project plans focus on sustainability using existing warehouse space and other existing structures as well as new construction to create 183 residential properties that include 88 rental units and 95 properties for purchase. Additionally, there are plans for existing properties into residential and commercial space. Pedestrian crossways, walking pats green spaces and streetscapes are also in the plans.
Included in Our Kaka’ako is the mixed-use space called SALT. The name comes from the fact that Kaka’ako was known for the salt in the ponds once scattered throughout the area. SALT plans show an 85,000-square foot neighborhood of sorts with retail, restaurants, and other professional and other businesses. Already in place and very popular is the world-renowned artist gathering called POW! WOW! as well as the Honolulu Night Market. SALT has the potential to create more excitement to Kaka’ako.
Completed in 2012, Six Eighty is the first building to be completed under the “Our Kaka’ako” master plan. Its name comes from its address at 680 Ala Moana Boulevard, formerly an office building along this main thoroughfare through Honolulu. Six Eighty offers affordable housing consisting of studio and one-bedroom loft apartments of which 54 units are reserved for median-income renters. On the ground floor, there are small boutiques and shops as well as cafes such as Lanikai Juice and Highway Inn.
Another project in Kaka’ako under development is Ward Village, a neighborhood that is designed to be close-knit and very walkable. It features nationally recognized businesses and restaurants (Whole Foods and Nobu) along with locally owned businesses, outdoor gathering areas, entertainment venues, a public park and more. It is a carefully planned development with a mix of eclectic, urban and island living that embraces the Hawai’ian culture. Included in the planned 60-acre Ward Village are five condominium properties with completions expected between this fall and 2020.
Even though a lot of Kaka’ako is undergoing a drastic overhaul, there are attractions that bring people to the area to live, work and play. There are several parks and other outdoor venues that draw residents from this and other neighborhoods.
The Kaka’ako Waterfront Park is a 35-acre park along the shoreline built on a closed landfill. While there is no beach, it features lots of green space and is a popular place for fishing and offers access to off-shore surfing and dive sites.
Other parks around Kaka’ako include Kewalo Basin Park and Ala Moana Beach Park (even though it is not technically in Kaka’ako) where people love to go run, swim, surf, fish or just be outside.
There are lots of options when it comes to shopping and dining in Kaka’ako. In addition to Our Kaka’ako’s mixed-use development, SALT, and the shops and restaurants at Six Eighty, there are venues within Kaka’ako that also include shops and restaurants. Ward Village features nationally known restaurants and retail shops as well as unique locally-owned businesses. On top of what is within one to two-block walk from Kaka’ako are Ala Moana Center and Downtown Honolulu. Shopping and dining Waikiki are just a short drive as well.
Kaka’ako’s popularity is growing by leaps and bounds which reflects in the real estate. There are units in older condominiums that start as low as $200K allowing first-time buyers to move into the area; however, since Kaka’ako’s transformation appeals to lots of people, real estate is in high demand. The real estate market reflects what is happening in Kaka’ako. In addition to the established condominiums, there are more planned or already under construction. The area is so popular that some of the newer projects have units sold or are sold out before the construction is completed or even started.
For condominium resales, most list prices start in the mid-$400s to mid-$500s for a one-bedroom in one of the more updated condominiums like Royal Capitol Plaza, Imperial Plaza, Hokua and Keola La’i (all of which are situated in the heart of Kaka’ako) and climb well into the millions for top floor penthouses or larger units on high floors with ocean views. New construction condominiums such as A’eo, Gateway Towers, and Anaha offer units starting in the $800s and topping $7 million and higher.
Living in and moving to Kaka’ako is on the rise because of its prime location, its walkability and how it is becoming the urban spirit of Honolulu. It is close to everything and has so much potential. When relocating to this community, it is important to have an idea of the objective in buying real estate then not “thinking” too long about a decision. Real estate options go fairly quickly especially in the more popular or newer condominiums. There is a lot of excitement around Kaka’ako with speculations that this community is going to become one of the most exciting and fastest growing areas Hawai’i has seen in years.
Kakaako masterpiece luxury condo Waiea. 2 bed, 2 bat, 2 parking west facing corner unit with ocean, mountain and city vistas along with amazing shopping and entertainment...
Listing courtesy of ChaneyBrooks Choice Advisors.
2 bedroom, 2 bath with 1 covered parking features a spacious & bright floor plan with washer/dryer area built in the second bathroom and large bedrooms. Ocean to Mountain...
Listing courtesy of Tom Shinsato Realty Inc..
801 South St - A building: 1 bedroom, 1 bath, 1 unassigned Parking. High floor with stunning Ocean, Mountain and City Views! New range/oven, Refrigerator, Split A/C's in...
Listing courtesy of Help-U-Sell Honolulu Prop..
Experience luxurious island living at its finest in Anaha. Step inside this spacious living area with high-end Miele appliances, wine cooler, full-sized stacked washer/dr...
Listing courtesy of Coldwell Banker Realty.
Large fee simple corner unit in popular Makai building. Fantastic view of the ocean, mountains sunrise sunset & Honolulu harbor view. The Building was nominated as "Bu...
Listing courtesy of Shuko Realty.
Welcome to Nauru Tower, the ultimate Ala Moana Beach Park luxury tower! Over 1,500 square feet of indoor and outdoor living with perfect eye-level view of sandy beach and...
Listing courtesy of Century 21 iProperties Hawaii.
Live close to Ala Moana Center, Ala Moana Beach Park and Ward Village. Floor-to-ceiling-windows, elegant interior finishes, and Bosch appliances. Very well maintained cor...
Listing courtesy of Aska Gateway Estates Inc.
Paronomastic ocean to mountain views from the unit. Beautiful night lights of Waikiki, And Feeling sunrise with a view of Magic Island to the coastline on Ala Moana Park....
Listing courtesy of Hawaii 5-0 Properties, Inc..
Pre-qualified and / or cash buyers for showing. Property will be sold AS IS. Unit is not vacant. The maintenance fee does not include electricity and hot water. Gym me...
Listing courtesy of Five Star Realty, Inc..
The blue Pacific Ocean surrounds you in this spectacular corner unit at Hokua. Open the sliding door wide to enjoy the island breeze, ocean, Diamond Head, sunset, firewo...
Listing courtesy of Martin Chen Realty.
Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2023 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.