Aug. 23--Studio condominiums in Kakaako with 475 square feet of living space and priced from $349,000 to about $375,000 have attracted a fair amount of interest from prospective buyers prepared to sleep overnight Friday outside the sales office for the project called The Lofts @ The Collection.
An initial prospective buyer showed up at 1 a.m. Friday to be first in line for the opening of the sales office at 9 a.m. Saturday, according to a project representative. By midday, about a dozen people had lined up.
Besides 24 studios, three units with two bedrooms and 800 square feet of living space are available and priced from $540,999 to a little over $580,000.
Tower unit sales began in August 2013. A&B said earlier this month that about 65 percent of the 397 tower units have been sold. A third phase of 16 town houses has yet to be offered for sale. Construction is expected to begin by the end of the year and finish about two years later.