Ground has broken for Ka Malanai, the long-awaited new condominium project in Kailua, Oahu, Hawaii! This is the largest new construction condominium project in at least 20 years in Kailua. This project was previously known as The Ironwoods Kailua and is on Kailua Road in the center of Kailua Town, about 14 miles from Honolulu. Other condominiums such as Windward Passage and Gardenia Manor are nearby. The developer of this project is well-known D.R. Horton-Schuler.
This new construction condominium development in Kailua, is situated ideally in the heart of Kailua, where residents will be able to walk to stores such as Target (coming soon), Macy’s, Whole Foods and Pier One Imports. Many restaurants and other shopping is also nearby, including the Thursday night Farmer’s Market across from Long’s Drugs. Picturesque Kailua Beach Park is less than a mile away, as well and the development is on “The Bus” line. These new Ka Malanai condominiums in Kailua are set to change the landscape of Kailua.
The new Ka Malanai condominiums in Kailua will consist of six 4-story buildings built around lovely open-air courtyards, with grass and Hawaiian plantings, which will be seen from Kailua Road. The lower level will consist of retail and business space, and living space will be above.
The residences in the Ka Malanai condo development in Kailua will be one, two and three bedrooms units. There will be mostly 2 bedroom units, with a total of 153 homes. All units in Ka Malanai in Kailua will be single level, making this development ideal for many.
When called the Ironwoods, the developers of Ka Malanai Kailua had stated that the new Kailua condo development would have minimal amenities, to keep the monthly maintenance fees down. This would probably mean no pool, tennis courts and the like. It is estimated that prices will range from somewhere in the $400K’s for one bedrooms units, to the $800Ks for larger units. Square footage will be approximately 700-1,800 square feet. Sales of Ka Malanai Kailua are targeted to begin in late 2012.
For more information on Malanai Kai in Kailua (previously the Ironwoods in Kailua) or other new construction projects or Kailua condominiums that may be available, please email yvonne@HomeShoppeHawaii.com
By Yvonne Ahearn (B), Realtor-Broker