Condo cancellation doesn’t mean Hawaii real estate cycle is ending, expert says

The two three-acre sites in Honolulu’s growing Kakaako neighborhood owned by Kamehameha Schools where a developer had planned to build at least one luxury condominium tower likely won’t be developed in this cycle’s real estate boom, but at least one expert tells Pacific Business News that the cancellation of plans to develop the parcels doesn’t […]

Park Lane Ala Moana luxury Honolulu condo 75 percent sold

Park Lane Ala Moana, the $1 billion luxury condominium project being built by a trio of Honolulu firms — Kobayashi Group, The MacNaughton Group and BlackSand Capital — along with landowner General Growth Properties Inc., is well over 75 percent sold, an executive from one of these firms told PBN. Prices for the project, which […]

Hawaii developers cancel plans to build luxury condo tower, develop neighboring parcel

The Kobayashi Group and The MacNaughton Group have canceled plans to build the Vida at 888 Ala Moana luxury high-rise condominium project and develop a neighboring parcel that would have added a total of 500 residential units to Honolulu’s growing Kakaako neighborhood, citing slow sales in recent months, executives from the two Hawaii developers confirmed […]

Luxury “island style” residences going up beside Ala Moana

HONOLULU (HawaiiNewsNow) – Lines are forming for prospective buyers interested in a new luxury Kakaako development. It’s called “Park Lane Ala Moana” and it’s a contrast to towering high rises surrounding the shopping center. Park Lane Ala Moana stands out in a sea of highrises. Director of Sales Matthew Pakkala explained the difference this way, […]

Sales of luxury condominiums at Park Lane Ala Moana Begin

Sales begin Saturday for 107 owner-occupied units at the Park Ala Moana, a luxury condominium complex being built in front of Honolulu’s Ala Moana Center, with prices starting at $1.2 million for a one-bedroom unit up to $28 million for a five-bedroom penthouse. The developer of the project, AMX Partners — which is comprised of […]

Expanded details emerge for Kakaako condo project

Honolulu Star-Advertiser The latest piece of a master-planned community of residential towers by Kamehameha Schools in Kakaako has been fleshed out with details that include a putting green, guest suites and unit prices projected to start at $900,000. Detailed plans for the condominium tower named Vida were shared with the Ala Moana/Kakaako Neighborhood Board Tuesday […]

Planned Kakaako tower draws wide support

Honolulu Star-Advertiser A proposed luxury condominium tower in Kakaako called Vida at 888 Ala Moana had to bedesigned to avoid a Native Hawaiian burial site, but the project doesn’t appear to be facing any significant challenges following a public hearing Wednesday. MKVida LLC, a partnership between local development firms Kobayashi Group and The MacNaughton Group, […]

Luxury condos at Ala Moana Center to be priced between $1M and $20M

Park Lane Ala Moana, the $1 billion luxury condominium project being built on what was once a parking area at Ala Moana Center by a trio of Honolulu firms — Kobayashi Group, The MacNaughton Group, BlackSand Capital — and landowner General Growth Properties Inc., plans to price the units between at least $1 million and […]

Hawaii agency moves up hearings for Howard Hughes, MacNaughton-Kobayashi condo towers

The Hawaii Community Development Authority has rescheduled the decision-making public hearings for The Howard Hughes Corp.’s plan to replace Ward Warehouse and the Kobayashi Group and The MacNaughton Group’s Vida luxury condominium high-rise on a 3.5-acre site in the Honolulu neighborhood of Kakaako. The state agency, which oversees the redevelopment of the fast-growing Honolulu neighborhood […]

Ultra-luxury project at Ala Moana Center to include 215 condo units

Feb 5, 2014, 2:55pm HST Duane Shimogawa Reporter – Pacific Business News The planned seven ultra-luxury condominium towers to be built on what is now a parking area of Ala Moana Center fronting Ala Moana Boulevard will include 215 units with 109 two-bedroom units, 65 three-bedroom units, 36 one-bedroom units and five five-bedroom penthouses, according […]