Keahou Lane Receives Prestigious Jack Kemp Award
Dec 06, 2018
Gerding Edlen is pleased to announce that Keauhou Lane, a mixed-use property located in Honolulu, Hawaii, received the prestigious 2018 Jack Kemp Excellence in Affordable and Workforce Housing Award from the Urban Land Institute (ULI) Terwilliger Center for Housing.
Keauhou Lane is a LEED Platinum, mixed-use building with 209 residential units and nearly 31,000 sq. ft. of retail featuring local restaurants and shops. The property adds much needed workforce housing stock to Oahu’s tight rental market, providing studio, one- and two-bedroom workforce apartments reserved for individuals and families earning 80% and 100% of the average median income. The property is rooted in the smart growth principles of integrating a mix of uses and locating new housing near transit and jobs. Keauhou Lane was developed by Gerding Edlen in collaboration with Kamehameha Schools and is managed by Gerding Edlen.
All of the apartments at Keauhou Lane are air-conditioned and feature modern finishes, Energy Star-rated appliances and LED lighting. Amenities include an indoor resident lounge; two outdoor decks with grills; a bike room with parking and maintenance station; a fully-equipped laundry room; and parking. Keauhou Lane also provides a platform for community and tenant engagement through regular programming of events; educational materials, such as a Green Living Guide; recycling programs; and ongoing distribution of green cleaning supplies.
Keauhou Lane is highly sustainable, becoming the first LEED Platinum multi-family building on Oahu. Sustainability features include a 58-panel solar hot water system, non-toxic finishes and landscaping with low-water, native plants and efficient irrigation. Additionally, 100% of the building’s stormwater is infiltrated on-site. Learn more at keauhoulane.com.
The annual Jack Kemp Excellence in Affordable and Workforce Housing Award recognizes best practices in the development of housing that is affordable to people with a broad range of incomes. Developments eligible for the award are those in which all or a portion of the units are affordable to households earning up to 120 percent of the median income in the areas in which the projects are located. Selection of the Kemp Award winners is based on outstanding achievements in several areas including affordability, innovative financing and building technologies, proximity to employment centers and transportation hubs, quality of design and involvement of public/private partnerships.
The Terwilliger Center established the Jack Kemp Award in 2008 to show the critical role that housing plays in achieving economic prosperity and a high quality of life, both for individuals and communities. The award honors the memory of Jack Kemp, former secretary of the U.S. Department of Housing and Urban Development and a former ULI Terwilliger Center national advisory board member.