Talk Story #59 – Demand Continues Over New Luxury and Affordable High Rises in Honolulu
In the famous Ala Moana Shopping Center area between Waikiki and Kaka’ako, luxury abounds with 4-5 levels of prime shopping, including anchor department stores Neiman Marcus, Macys, a future Bloomingdales (the older Sears section of the Center is being totally remodeled), and excitement grows regarding the progress at the established Nordstrom’s store.
New Honolulu Condo Projects
1. One Ala Moana
A unique and very special addition is now in process. The dominating construction crane graces the sky as a 23-story building will rise above the existing Nordstrom parking structure.
One Ala Moana crane depicts the start of construction
This totally prime location will have 206 private residences in an ultra luxury tower condominium named One Ala Moana. Last December, the unique and exclusive project sold out in private sales in just two days with prices ranging from $583,000 to $9 million.
2. Waihonoa at Kewalo
Meanwhile, another crane is busy near the Ala Moana Center and Ala Moana Beach Park. The Waihonoa at Kewalo condominium in the Kaka’ako district has recently hit the 90% sold mark and is changing daily as its construction continues. Prices range from $375,000 to $1.9M.
Waihonua, newest member of the Super Block of high rise condos
3. Symphony Honolulu
And this month, lines formed early in anticipation of the Opening of sales to reserve one of the planned 388 units in the 43-story ‘Symphony Honolulu‘ condo tower. This new project will be conveniently located across from the Neal Blaisdell Arena and Performing Arts Center, on the corner of Ward Ave and Kapiolani Blvd. in Kaka’ako and near the Ward Center area.
Corner of Ward Ave. and Kapiolani Blvd. – the future location of Symphony
Ranging from $500K to $3M, the ground level will aptly include the sales showrooms for JN’s Audi line and exotic cars such as Ferrari and Bentley.
Let’s Talk Story!
Considering investing or purchasing for your own pleasure one of the many opportunities along the Waikiki to Honolulu coastline? As you can tell, demand is high and interest rates continue to be low. These properties are being snapped up. Start enjoying living life to the fullest. Contact me and let’s talk story (a friendly discussion or chat) over what you are looking for and your parameters.
Hawaii Life Real Estate Brokers is a statewide private (not franchised) company of fresh, enthusiastic professional agents available at 9 offices and ready to serve you on every island or area you may be interested in. Allow me to assist you. I look forward to hearing from you!
With warm Aloha,
Jeanne E. Buboltz (RB) CRS