Ward Village® Welcomes World Renowned Japanese Restaurant Nobu Honolulu

nobuChef Nobu Matsuhisa to Open Flagship Honolulu Restaurant in 2016

Today, Ward Village announced plans to welcome world renowned restauranteur Nobu Matsuhisa to the neighborhood. In late 2016, Nobu will move from Waikiki to a dramatic new space at the base of Waiea, Ward Village’s first flagship residential building.

“At Ward Village, we are curating an unmatched mix of design, retail and food experiences with Nobu serving as a culinary anchor for our community,” said David R. Weinreb, Chief Executive Officer of The Howard Hughes Corporation. “Nobu’s decision to move from Waikiki to Ward Village is significant as it moves us closer to our long term goal of becoming the new center of Honolulu.”

Nobu Honolulu will join an array of new restaurants and stores coming to Ward Village, including Merriman’s and Whole Foods Market, while offering its spin on contemporary Japanese cuisine with locally sourced fish and produce. The chefs will also showcase Nobu’s signature dishes such as Yellowtail Jalapeno, New Style Sashimi and Black Cod Miso.

“Ward Village is creating a new community in the heart of Honolulu that is unlike anything that exists in Hawaii,” said Chef Nobu Matsuhisa. “The combination of world class architecture, a walkable neighborhood and an authentic district of high quality shops, restaurants and entertainment offerings makes Ward Village a unique destination and the place to be in Honolulu.”

Early-morning fire reported at Howard Hughes condo project under construction in Honolulu

11/15/2015

11/15/2015

An early-morning fire on Wednesday was reported on a high floor of The Howard Hughes Corp.’s $403 million Waiea luxury condominium project under construction in Honolulu’s Kakaako neighborhood.

Honolulu Fire Department spokesman Capt. David Jenkins said fire crews first received a call at 4:57 a.m. about a two-alarm structure fire at 1044 Auahi St. He said the first responders arrived at 5:02 a.m. to find that there was a fire at the upper level of the Waiea project, which has been under construction since last summer.

Rob Centra, senior vice president of design and construction management at Ward Village for The Howard Hughes Corp. (NYSE: HHC), said the fire occurred on the 21st floor of the Waiea project, which will eventually have 36 stories. Centra did not disclose the extent of any damage but did say the fire was not expected to delay construction or push back the building’s planned completion date in late 2016.

The isolated blaze was brought under control by 5:43 a.m. and fully extinguished two minutes later. No injuries were reported, and investigators are working to determine the cause of the fire.

“There were complications, since the building was under construction,” Jenkins told PBN on Wednesday morning. “The standpipe system did not go up to the area that was on fire, so the fire department utilized three fire extinguishers and a utility hose at the site to bring the fire under control.”

A damage estimate was not immediately available.

Darin Moriki
Reporter
Pacific Business News

Howard Hughes Corp. secures $600M construction loan for Hawaii condo projects

remade_003The Howard Hughes Corp. said Monday it has secured a $600 million construction loan from Blackstone Real Estate Debt Strategies to built the Waiea and Anaha condominium towers at its Ward Village in Honolulu.

Dallas-based Howard Hughes Corp. (NYSE: HHC) broke ground on Waiea, across from the Ward Entertainment Center, in June, and started work Saturday on the Anaha tower, which will be built on the site of the former Pier 1 Imports store diagonally across the street.

Howard Hughes Corp. is also planning to build a Whole Foods Market-anchored mixed-use condo tower on the site of the former Nordstrom Rack less than a block away.

Staff Pacific Business News

Living on top of the world — Hawaii style

Amenities mean everything when money is no object

Howard Hughes Waiea In a model unit of the planned Howard Hughes Corp.’s Ward Village in Kakaako, which will soon be home to two ultra-luxury condominium buildings called Waiea and Anaha, and where a yet-to-be-built penthouse.

“Wave at the toilet,” Shanefield, the project’s development manager, tells a guest.

With a flutter of the hand, the lid of the electric toilet, which is made by Toto and retails for around $2,500, opens as if by magic.

From start to finish, the user never has to touch the lavatory.

Welcome to the world of high-end amenities that are now becoming more and more standard in new condos and homes in Hawaii. While Waiea and Anaha won’t be ready for two years, sales began last month. And, while members of the sales team declined to disclose numbers, they say that units, ranging from 727 to 3,500 square feet and priced from $500,000 to more than $20 million, are selling at a brisk pace to high-end buyers who are flush with cash and who want the best in the latest high-end amenities.

What buyers are looking for now in amenities is function. They want all the “extras,” but not extras such as, say, a gift-wrapping room, or four-inch granite countertops that drive the price of a condo up, when a one-inch countertop will do.

They want things, but they want things that they will actually use.

Howard Hughes Waiea“Simplicity seems to be a theme for both the high-end clientele and your median-priced home buyer,” said Ryan MacLaughlin, a Realtor with Island Sotheby’s International Realty on Maui. “Both young and old are looking for the more comfortable, smaller-sized homes with amenities at their fingertips. They are not looking for the mega house or the five-car garage, or the Olympic-sized swimming pool. They seem to be driving their economically efficient car to their more conservative-sized smart home where they can run everything in the home from their iPhone or Pad, and be able to take a dip in their pool in their very private backyard.”

Indeed, but while they don’t want an Olympic-sized pool, they do want an infinity pool, which Anaha will have — in some units. And, if they don’t want a mega-sized home, they want one that makes them feel like they are truly living the quintessential Hawaii lifestyle. Many are moving in because he wants a place where he can maintain a healthy lifestyle.

“The first thing we capitalize on is the view or whatever natural attributes that are obvious,” said Peter Vincent of Peter Vincent Architects. “That’s timeless, but it continues to be a more casual lifestyle. People aren’t looking for a lot of formal spaces. People live in Hawaii because they like the casual lifestyle. There may be elegance, too, but typically they are not looking for formality and really embrace the outdoor lifestyle.”

More than ever, people are willing to pay for that lifestyle and the amenities that make that possible. That includes building homes that are open and airy, rather than compartmentalized.

Home buyers want “flexi-rooms” that can serve dual purposes.

“The key amenity is being outdoors,” said Race Randle, director of development for the Howard Hughes Corp. And that includes while showering, which is why outdoor showers are very popular in single-family homes.

Howard Hughes WaieaRob Kildow, principal broker of Hualalai Realty on the Big Island, sells homes at the resort that range from $5 million to $27 million. People who buy them want to feel like they are outside when they are inside, and vice-versa.

“There is no difference from being outside and inside,” he said.

Once inside, buyers want the best. Kitchens at the Hughes projects have quartzite countertops, with no visible handles on the cabinets. A wine cabinet near the refrigerator, which retails for around $8,000, holds 106 bottles. The Miele refrigerator, which retails for around $8,300, through the power of technology automatically lets a repairman know when it needs to be repaired.

Speaking of automation, it is now considered a standard amenity. With the widespread use of iPads and other tablet computers, everyone can open their blinds without touching them. They can control the temperature, and high-end security systems let them keep an eye on home while they are away.

While the kitchen has always been the hub of many a home, Marion Philpotts-Miller, a principal with Philpotts Interiors in Honolulu, said that is truer than ever today. Separate, alcoved dining areas are out. Developers are concentrating on installing the best appliances, particularly Miele. The Ward Village buildings have Miele ovens — a convection oven, a regular oven and a steam oven – that retail for around $2,000 to $3,000 each. They also feature Miele coffee systems that retail for around $3,000 that Randle calls the best in the world, along with a sliding warming tray for mugs.

Light serves as another functional amenity.

“They like the lighting systems that are much more sophisticated,” Philpotts-Miller said. “Between art lighting and pin stops on floral arrangements to the uplighting of coral walls, it’s become much more of an art and discipline.”

Outside the residences, the amenity levels of the Ward Village buildings include playgrounds, putting greens, open-air dining areas, steam rooms, bars, tennis and volleyball courts, cinemas, media rooms and libraries.

Another major condo project currently underway in Honolulu is ONE Ala Moana, which is being developed by a partnership of the Howard Hughes Corp., The MacNaughton Group and the Kobayashi Group. The building is expected to be completed by the end of the year, and will include a wine-tasting room as well as a chef’s kitchen where residents can host personal chef-inspired dinner parties.

Howard Hughes WaieaMuch of the work for these high-end projects is done off-island. For example, the primary architects and designers on the project are located on the Mainland, Randle said, because few firms on Oahu can handle such a large project by themselves.

Instead, Howard Hughes has contracted big-name architects Solomon Cordwell Buenz and James K.M. Cheng and paired them with local firms on Oahu, Benjamin Woo Architects and WCIT Architecture.

Randle said the pairings work because while the larger firms plan the overall grand vision of the buildings, the smaller firms are local and can handle the day-to-day issues that come up, such as making sure the buildings meet Hawaii building codes.

Despite the trend toward simplicity, many mega-rich buyers still want mega-amenities, and Kildow knows them well. He said the most over-the-top amenity he has seen is one homeowner who put in a $3 million kitchen.

Jeffrey Long, the founder of Honolulu architectural firm Long & Associates and known for his opulent homes, also has had some over-the-top requests.

“One homeowner requested that we design a Star Wars theater for his residence,” he said. “The result was spectacular, with a life-sized C-3PO and R2-D2 and blue LED lights. We also designed a home with an infinity pool on the upper level, right outside the living room, capturing the spectacular views.

Long said his firm also has had requests for water parks, indoor car displays and elevators that bring the cars up from the basement.

But one request really stands out.

“The craziest thing we [designed] for a client was a 20-person home bomb shelter,” he said.


Groundbreaking for Howard Hughes Corp.’s Waiea condominium tower in Honolulu slated for Saturday

The Howard Hughes Corp. has reached contractual agreements for about half of the 482 units in its two ultra-luxury high-rises in Honolulu's Kakaako neighborhood— Anaha and Waiea, seen here in this rendering.

The Howard Hughes Corp. has reached contractual agreements for about half of the 482 units in its two ultra-luxury high-rises in Honolulu’s Kakaako neighborhood— Anaha and Waiea, seen here in this rendering.

Groundbreaking for Howard Hughes Corp.’s Waiea condominium tower in Honolulu slated for Saturday

The Howard Hughes Corp. will break ground Saturday on Waiea at Ward Village in Kakaako, the first of two planned luxury condominium towers, where a penthouse is listed for a record $20 million.

The groundbreaking is slated for 10 a.m. at the site. Honolulu Mayor Kirk Carldwell is expected to join Gov. Neil Abercrombie and project officials for the ceremony.

Construction on the condominium tower project at 1118 Ala Moana Blvd. will begin this month.

The Howard Hughes Corp. (NYSE: HHC) says Ward Village will be a mixed-use master-planned development with 4,000 residential units and more than 1 million square feet of retail and commercial space.

Seventy percent of the 171 units in the Waiea tower and 55 percent of the 311 units in the planned Anaha tower diagonally across the street have sold.

Prices at Waiea range from $1 million for a one-bedroom unit to $20 million for a penthouse.

Bill Cresenzo Reporter – Pacific Business News

Company Disclaimer: Information is deemed reliable but not guaranteed.