There’s a lot riding on a first-of-its-kind, 99-year leasehold condo tower the state wants built on land it owns at the corner of Ward Avenue and Kapiolani Boulevard. It needs to be both affordable and desirable to attract buyers, since the lease is finite, and in its very public location, people will be reminded of its outcomes daily. Further, the project is under close scrutiny as a potential model for multiple leasehold towers in the New Aloha Stadium Entertainment District.
Editorial: Leasehold project needs more work
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