Hawaii architect Rob Iopa shares the story behind the design of Kakaako’s Waiea tower
The Waiea, The Howard Hughes Corp.’s luxury residential high-rise on Ala Moana Boulevard, will feature one of the most unique exterior designs among the high-rises in Kakaako, reflecting the area in which it is being built. Rob Iopa, president of Honolulu’s WCIT Architecture, who had a major role in designing the tower on a former […]
General Growth sells stake in Hawaii’s Ala Moana Center to Australian firm for $907M
Ala Moana Center, the largest shopping mall in Hawaii, has a new owner, as Chicago-based General Growth Properties Inc., said Monday that it has sold a 25 percent stake in the Honolulu mall to AustralianSuper for about $907 million. Chicago-based General Growth (NYSE: GGP) also said that it may sell an additional 12.5 equity interest […]
Oahu luxury housing sales set a record in 2014
Oahu’s luxury housing market set a record in 2014, with a total of 842 single-family homes and condominiums sold for $1 million or more, an increase of nearly 16 percent from 2013. The previous peak for homes priced $1 million and above was in 2005 when 794 homes and condos were sold in this price […]
KewaloIs.com
On January 30, 2015, Ward Village held the second community meeting to discuss the planning for Kewalo Harbor at the Net Shed (Kupu Training Facility) at Kewalo Harbor. Like the first meeting held in November, nearly 100 community stakeholders and officials attended the presentation. However, the main focus of this meeting was on what Kewalo […]
Half of units in Howard Hughes’ luxury Honolulu towers sold to Hawaii residents
More than half of the buyers in The Howard Hughes Corp.’s first two luxury condominium towers in Honolulu are from Hawaii, with the remaining buyers from Japan, Canada, China, Korea, Australia and the Mainland, the Texas-based developer said Friday in a letter to its shareholders. The Howard Hughes Corp. (NYSE: HHC) said that 25 percent […]
ALA MOANA AND KAKAAKO AREA MARKET UPDATE – February 2015
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, […]
Moving ForWard March Newsletter
Today Howard Hughes Corp announced our revised plans for the 988 Halekauwila project that, if approved by the Hawai‘i Community Development Authority (HCDA), would provide more affordable rentals to residents in urban Honolulu. The Howard Hughes Corporation submitted a motion to the HCDA for the option to allow the previously approved for-sale residences at 988 Halekauwila […]
‘Interim uses’ to be part of Kamehameha Schools’ ‘Our Kakaako’ plan
As Kamehameha Schools enters its sixth year in its 15-year “Our Kakaako” master plan, which covers nine blocks mauka of Ala Moana Boulevard in Honolulu, there may be some parts of the development that will be utilized for “interim uses,” the chair of the trust’s board of trustees told PBN. Lance Wilhelm, chairman of Kamehameha […]
Howard Hughes Corp. says Honolulu luxury towers three-quarters sold
The Howard Hughes Corp. said Monday that 88 percent and 78 percent of the units in its two luxury condominiums in Kakaako — 171-unit Waiea and 311-unit Anaha — werre under contract as of Feb. 1, according to the Dallas-based developer’s 2014 annual report. Located on a former surface parking lot fronting Ala Moana Boulevard, […]