Aug 23, 2013, 2:55pm HST
Duane Shimogawa | Reporter- Pacific Business News
Alexander & Baldwin Inc. spent more than three years addressing the discovery of ancient human remains, or iwi, at the site of its Waihonua at Kewalo condominium project in Kakaako, according to Chairman and CEO Stanley Kuriyama.
Kuriyama told PBN on Thursday that A&B worked with the Oahu Island Burial Council, the state Historic Preservation Division and others to get the situation worked out at the site of the sold-out 43-story, 340-unit project, which has already been built up to the seventh floor.
Remains were found at the site, which is on Waimanu Street across from Ala Moana Center and next to the Hawaiki Tower, which houses KHON-TV.
Honolulu-based A&B said in its second quarter earnings report released earlier this month that 337 units at Waihonua were under binding contracts.
The first units are scheduled to completed by the first quarter of 2015.
Meantime, sales have been strong for another A&B Kakaako condo project, The Collection, where 271 of the 397 units, or about 70 percent of the 43-story tower, have been sold.
Sales for this $200 million project, located at the former CompUSA site, began about a week ago.