New affordable rentals open at Amana Lofts in Honolulu
A former Honolulu office building has been turned into 64 affordable rental apartments, good news for lower-income workers who want to live near jobs in Waikiki.
- An empty office building was converted into 64 new rental units instead of being torn down or left vacant.
- The units are studios, one-bedrooms, and two-bedrooms, set aside for people earning up to 80% of the area's average income.
- The location is a short bike or bus ride from Waikiki, putting thousands of jobs, shops, and services within reach.
- Office-to-housing conversions like this are becoming a common way to add homes in expensive cities without building from scratch.
Outlook: Expect more empty office buildings in Hawaii and elsewhere to be pitched as affordable housing as demand for office space stays weak.