Los Angeles-based Salem Partners plans to build a 500-unit high-rise condominium-hotel tower at the former Heald College Building next to Walgreens’ flagship Hawaii store on the corner of Keeamoku St. and Kapiolani Blvd., across the intersection from the mauka entrance of the Ala Moana Mall.
The project will have 301 studios, 122 - 1 bedroom, 71 – 2 bedroom and 6 – 3 bedroom units, as well as 5,640 square feet of retail space. The breakdown of the number of hotel rooms and condo units was not provided. 1500 Kapiolani is 73,103 sq.ft. space on aprrox. an acre of land.
Salem Partners’ also has a plan to build a 234-unit condo-hotel across from the Hawaii Convention Center that is scheduled to start construction in 2017 and be completed by 2020.