Makiki Neighborhood in Honolulu Sees Stalled Low-Rise Condo Project Revived

Posted on Friday, December 3rd, 2010 at 11:52am.

Makiki Neighborhood in Honolulu Sees Stalled Low-Rise Condo Project Revived

According to the "Honolulu Star Advertiser" and http://www.builderonline.com, "A stalled low-rise condominium project in Makiki started three years ago by a Chicago builder is being revived by local developer Peter Savio, who plans to resume sales and construction soon."

"Savio recently took over as developer of the 46-unit Pensacola Chelsea from Falahud Din Shams, buying a loan Shams took out from Central Pacific Bank to build the $16 million project."

Read the rest of the story about Low-rise condo project in Makiki,

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