Hobron Renaissance Continues With The Cove Waikiki
The majority of Waikiki’s full-time residents chose to buy their primary home in the area because of the proximity of shops, restaurants, beaches, parks, and the numerous other amenities associated with a premier visitor destination.
Most of the residents of modern Waikiki live in highrise condominium apartment buildings… other options are few and far between. With the development of The Cove Waikiki in the Hobron neighborhood. a boutique, midrise condominium apartment complex has been added to the available home styles.
Construction of the complex, which includes three five story buildings with 117 one and two bedroom apartments sited along Kaioo Drive, is scheduled to begin in November with completion projected for early 2014.
“Waikiki started out as a single family home neighborhood…the hotels and the highrises came later,” said Project Director Kai McDurmin, a Coldwell Banker Pacific Properties Realtor and Vice President. The Cove is her 11th new condominium project in Honolulu in as many years. “The Cove is a compromise offering a more intimate environment than the traditional multi-story highrise…in fact, with the extensive landscaping and as few as 27 units to a build ing, it will have more the feeling of a townhome community. Also Kaikoo Drive is located within the Hobron pocket neighbor-hood and set back from the main thoroughfares of Ala Moana Boulevard and Kalakaua Avenue with their heavy traffic.
“The response of buyers has been enthusiastic and we are already half sold out. When they visit the on-site sales center we take them out to the grounds where they can get an idea of the orientation of the buildings and what their view would be from the homes.
“Many of our buyers are responding to the ‘move back to town’ trend. There is an observable shift in priorities among buyers who are choosing an urban setting over the suburbs because they like the idea of being able to walk everywhere. From The Cove, it’s an easy walk to the shops and restaurants of Waikiki and Ala Moana Center, as well as DeRussy Beach and Ala Moana Beach Park. Frequent bus service on Ala Moana Boulevard makes the Ward Centers and theaters accessible in minutes…and it takes only a few more minutes to get to Downtown Honolulu. Another aspect of this choice is increasing health consciousness among people ranging from the younger generations to seniors who may prefer to walk and leave the car in the garage, not only to save gas but because walking is good exercise. And, of course, we have a swimming pool right on the grounds.”
McDurmin said the developer, Waikiki Palms LP, had assembled a blue-ribbon design team for the Cove project including architect Richard Matsunaga & Associates, interior designer Philpotts & Associates, and landscape architect Brownlie and Lee.
A model unit with living room, kitchen, and bath is lo cated at the on-site sales office. Apartment prices are $375,000 for a one bedroom with one bath, $432,800 for a two bedroom with one bath, and $460,000 for a two bedroom with two baths. Several options are available for apartment interiors, including kitchen and bath cabinet and counter finishes. Flooring finishes include ceramic tile in the kitchen and baths and carpet in the living room and bedrooms with a hardwood option. Prices include one parking stall; additional stalls can be purchased. Each building includes resident and visitor parking on the lower levels with secured entry both to the parking and lobby.
The lobby area, which will be designed by Philpotts & Associates, will open to the courtyard with the swimming pool, barbecue areas, and gardens. McDur-min noted that The Cove is pet-friendly.