High-Rise Condos to Mushroom in Ala Moana and Kapiolani Corridor

By
Real Estate Agent with HI Pro Realty LLC RB-21531 RS-76763
http://activerain.com/droplet/4YMp

Ala Moana & Kapiolani Corridor New Developments

 

With 10 projects on the table and the potential for a few more mulling about in the minds of investors, Ala Moana is looking a lot like next door neighborhood, Kaka'ako adding to the Urban core density in Honolulu.

 

With the dearth of foreign investment we are seeing now in Honolulu, it usually signals the approaching end to a development cycle. With interest rates still low we will have to wait and see where the market turns.

 

 


 

Qinghua Condo Development at Kapiolani and Makaloa1. Kapi‘olani Boulevard

& Makaloa Street

 

Hong Kong’ developer Qinghua International Holdings Ltd. purchased 1338 Kapiolani Blvd. and the adjacent property at 1356 Kapiolani Blvd. for approx. $21.1 million. The two properties combined total about one acre of land. The plan is to build a 690-unit mixed-use condo high-rise, a 75-seat restaurant, 7,200 square feet of retail space and a health spa.

 

 

 

 


 

Park Lane Ala Moana

2. Park Lane Ala Moana

 

Developers: Kobayashi Group, The MacNaughton Group, and Black Sand Capital are nearly complete with their 217-unit Park Lane Ala Moana luxury condo project. The $1 billion project, which includes seven 8 story buildings buildings at Ala Moana Center’s new Ewa wing, is expected to be completed by the end of 2017.

 

 

 

 

 


 

Kapiolani Residence3. Kapi‘olani Residence

 

South Korea-based SamKoo Development is planning two mixed-use high-rise projects with a total of 1,000 units consisting of both affordable and moderately-priced units on Kapiolani Blvd.

 

 

 

 

 

 

 

 


 

4. Hawai‘i Ocean PlazaHawaii Ocean Plaza

 

Developer Advantage America Hawaii Regional Center LLC (Chinese) plans to build a 407-unit condominium-hotel high-rise tower near Ala Moana Center in Honolulu. The project calls for 207 condo units and 200 hotel rooms in a 40-story tower with units ranging from one- to three-bedrooms.

 

 

 

 

 

 


 

Aloha Kai5. Aloha Kai

 

The YMCA is selling a portion of the roughly two-acre parcel it owns on Atkinson Drive to Aloha Kai Development, LLC to create a 128-unit, 39-story residential condominium tower and parking. The Aloha Kai condominium project, which is still in its development phase, will be located in parcel next to the refurbished YMCA across from the Diamond Head entrance of the Ala Moana Center.

 

 

 

 


 

6. Hawai‘i City PlazaHawaii City Plaza

 

Developer California Investment Regional LLC(Chinese) The 384,000-square-foot project will feature a 26-story, 163-unit high-rise condominium tower with a mix of affordable and market-rate condos, 3 restaurants, and 313 parking spaces and 163 bicycle storage spaces.

 

 

 

 

 

 


 

Manaolana Place7. Mana‘olana Place

 

Los Angeles-based Salem Partners plans to build two condo-tel projects in the area. Mana'olana a 234-unit condo-hotel across from the Hawaii Convention Center that is scheduled to start construction in 2017 and be completed by 2020. and...

 

 

 

 

 

 

 


 

Salem Partners Condo-tel Project

8. Former Heald College location on Kapiolani Blvd.

 

 

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. 

 

 


10. Makaloa & Ke‘eamoku Street

 

Chinese investors, through a Honolulu company, ProsPac Holdings plan to develop a 400-unit mixed-use high-rise tower that will include affordable housing, retail and restaurants.

 

 

 

 

Contact HI Pro Realty LLC

for expert buyers representation in Honolulu

 

 

 

 

 

Posted by

 HI Pro Realty - PET FRIENDLY HONOLULU REALTOR, PROPERTY MANAGEMENT

 

HI Pro Realty LLC - REALTORS®, PROPERTY MANAGERS® is a boutique brokerage firm offering responsive, dedicated, and professional Real Estate Sales and Management Services in Honolulu, Hawaii. 

 

 

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Rainmaker
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Elyse Berman, PA
Best Connections Realty, Inc. - Boca Raton, FL
Boca Raton FL - (561) 716-7824 - CRS, ABR, GRI

Kimo Stowell Lots of high rises - reminds me of New York and Miami.  Miami has added so many high rises it reminds me of New York City.  Hope they add the infrastructure needed to accomodate all the people.

Jan 13, 2017 01:36 PM #1
Rainmaker
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Kimo Stowell
HI Pro Realty LLC RB-21531 - Honolulu, HI
REALTOR Associate® RS-76763 - Honolulu Hawai'i

Aloha Elyse Berman we will have to wait and see if all the structural  development for so few residential units will have an impact on our resources and infrastructure. Islands have limited everything pretty much and our government does not have the patience to temper growth when taxes can be collected to pay for their current desperation.  Thanks for commenting!

Jan 13, 2017 01:50 PM #2
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Rainmaker
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Kimo Stowell

REALTOR Associate® RS-76763 - Honolulu Hawai'i
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