Rising up at the gateway to famous Waikiki will be a new 16-story building with 120 units.  If enough sales can be generated, construction should start late this summer with a completion date to be set sometime early 2010.  Initial prices are from $292,500 for studios up to the low $500,000 for 2-bedrooms.  Square footage range from 407 square feet to 703 square feet.  Designs in the plan include a gym, pool and a restaurant.  Centrally located by the Ala Moana Shopping Center, Hawaii Convention Center and beaches, Honolulu has a new building with an urban lifestyle.