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City Council approves 'Live, Work, Play Aiea'UPDATED 6:08 PM HST Apr 16, 2014Video Transcript
Live, Work, Play has been the moniker for this planned development by LA-based company Robertson Properties Group. But the city council not only approved the zoning change-- but opened the door to a different approach to transit development. Most people know the old Kam Swap meet parking lot. Get a good look at it ... Because it's on the verge of a major transformation.. It will include residential towers, commercial development as well green space and a hotel... All tied to rail. - John Manavian 53: 14- 53: 30 - "We are hoping the retail component that includes the market and drugstore and hotel we would be able to start construction in 2015 and we would love to be open by holidays of 2016" That's the vision now that the council has given the nod to the project. Supporters were there to see the plan past this hurdle. - Terance Kawano 13 :00- 13:10 -"We are very fortunate to have someone a developer, to listens to the community and changes it to address wiht all the isues that have been brought up," Surprisingly, an ominous word of warning came from the Building Trades Council. - Kika Bukoski 21:15 21 19 - "It's a great developers agreement. It's not a great community developement The project moves forward with a developers agreement instead of memorandum of understanding common in other projects. Kiki Bukowski says the deal waters down affordable housing requirements and granted extensive concessions to the developer. Planners say there's nothing to worry about ... - Breene Harimoto 35:15 - 35: 27 -"Our job here is to be good stewards of the land, to make sure that what we approve is good change, good for the community, good for the future. and I believe this is," The community benefits include a million dollar endowment fund, traffic improvements, green space. a pedistrian bridge and public restrooms. - Kika 55:10 - 5518 - "This is the first development agreement of its kind that's been negoationed in the history of Honolulu and its going to set the precendent," This project is tied to pearl ridge rail station. Bukoski says other developers have been closely watching to see how this deal would play out as they plan to map out opportunities around other 20 rail stations. Council chair Ernie Martin cast the only no vote on the development agreement. The rest were yes votes-- five with reservations. The project will now go the mayor for his signature.