Honolulu development firm buys Kakaako property for its headquarters

Redmont Group has purchased property in Kakaako, the fast-growing Honolulu neighborhood where the commercial real estate developer is headquartered and where the firm plans to focus most of its resources, including designing, building, managing and investing in projects, the company’s executives told PBN. The firm, which has ties to Birmingham, Alabama, and Auburn University, where […]

Howard Hughes switches Kakaako tower back to for-sale condo units, not rentals

The Howard Hughes Corp. has changed its plans for a Kakaako residential project back to a mostly affordable for-sale condominium tower after requesting a Hawaii agency approve the project as a rental development, an executive from the Texas-based developer confirmed to PBN Thursday. David Striph, senior vice president of Hawaii for The Howard Hughes Corp. […]

Could more luxury high-rise towers rise at Hawaii’s Ala Moana Center?

Hawaii’s largest shopping mall, Ala Moana Center in Honolulu, is already home to luxury condominiums ONE Ala Moana and the Park Lane Ala Moana project under construction and may become home to another condo or two in the future, multiple sources tell Pacific Business News. “There have been many rumors floating around regarding more residential […]

The Howard Hughes Corp. paid to replace Iolani Palace’s broken door

The Howard Hughes Corp. donated the $11,552 used to replace the original glass in one of the doors of Hawaii’s Iolani Palace that was damaged by vandals a little more than a year ago, the heads of the historic Honolulu building and the developer confirmed to PBN Friday. In March, repairs to the door were […]

Developer plans to start construction on $40M Kakaako condo in January

California developer MJF Development Corp. plans to start construction on its $40 million Kakaako condominium mid-rise project in January 2016, to be completed in March 2017, according to public documents recently filed. The developer said, in the 803 Waimanu St. draft environmental assessment, that it will finance the project by applying for a dwelling unit […]

New York’s Bronx Pro Group chosen to develop Honolulu low-income rental project

The Hawaii agency regulating development in the Honolulu neighborhood of Kakaako, has chosen New York’s Bronx Pro Group LLC to build a low-income rental project that will include smaller, efficient units such as micro-units, a spokeswoman for the agency confirmed to PBN. The Hawaii Community Development Authority, which had issued a request for proposals for […]