Overview of Kakaako Condo Developments
Without question, the name on everyone's minds is Kakaako, which, ironically, means slow in Hawaiian. This mainly industrial area is just beginning the transformation that will turn it into a dynamic neighborhood that promises the best in urban outdoor lifestyles, luxury living and a perfect location bridging Downtown and Ala Moana. There are also development plans in Waikiki
, though on a much smaller scale.The creation of this burgeoning neighborhood, Kakaako, is primarily the work of 2 major entities - Kamehameha Schools and the Howard Hughes Corporation. Howard Hughes owns 19% of the land in Kakaako, while Kamehameha has 17%.
Kamehameha will be transforming 29 acres of their land here, under a project called 'Our Kakaako', which make up the western section, closest to downtown, of the entire redevelopment. Lying next to it on the East is Hughes' Ward Village
concept, spread over 60 acres total.
There's actually a 3rd major section, aside from the Hughes & Kamehameha communities, which takes up the area between Piikoi St and the historic IBM Building (Queen St) - the easternmost area, closest to Ala Moana - known as the 'Super Block', due to its density of development. The Super Block is made up of 7 popular high-rise condos: Hokua
(2006), Nauru Tower
(1990), Hawaiki Tower
(2015), 1350 Ala Moana
(1968) & Moana Pacific
Together Kamehameha and Hughes are expected to build more than 20 new condo towers in Kakaako over the coming years (possibly 16 condo buildings by Howard Hughes in "Ward Village" and possibly 7 condos on land owned by Kamehameha Schools in "Our Kakaako"). Many will take their place among the finest luxury condos in Honolulu
, once completed. Keep in mind, though, these new condo developments in Honolulu will ultimately include a broad range of units, including affordable and mid-range housing. More About Ward Village - Urban Development Guided By a Vision
The Ward Village neighborhood will be roughly defined by Ward Ave on the West (including a few lots west of Ward Ave), Ala Moana Blvd on the South and Queen St as both eastern and northern borders due to its curved path.
The fact that Howard Hughes owns all of this land makes certain that its vision of integrated shopping and services, such as grocery stores, parking structures and dining options will be a certainty. These elements are an integral part of the Kakaako 'outdoor living space' lifestyle, rather than afterthoughts added wherever they could be fit in - something that happens too often in fast developing Honolulu.
The vision includes making the entire area LEED
(leadership in energy & environmental design) platinum-certified, which would make Ward Village the largest platinum-certified neighborhood the US. LEED certification is a prestigious designation offered to properties offering a high level of sustainability. Some examples of what Howard Hughes is doing to achieve this high level LEED certification:
- Focus on water and energy savings, which help reduce water consumption. Methods include utilizing high-performance, water-saving fixtures like dual-flush toilets.
- Usage of energy-efficient appliances and design, which reduces the consumption of imported oil and the creation of CO2 emissions, making for a healthier environment and land. For landscaping, LEED prioritizes the use of native plants, drought-tolerant plants, and low-impact stormwater design. This is important because stormwater runoff is one of the ocean’s top pollutants. Such design absorbs runoff and also acts as a filter, reducing the flow of polluted water.
- Avenues for environmentally friendly modes of transportation (biking and walking instead of driving), encouraging better fitness. It also prioritizes the health of residents in other ways, including integrating larger open spaces and improved circulation in buildings, making for fresh air beyond code minimums.
Howard Hughes has also made clear their intentions to build luxury units that will raise the bar in Hawaii. A couple that recently sold are two grand penthouses in Waiea and Anaha, priced around $25M and $19M, respectively.
All of Ward Village, when completed, may include 14 condo projects, but will not be defined by concrete sprawl. Hughes has planned a 4 acre park so the community will have ample room to breathe and enjoy the beauty of this place. The defining concept Kamehameha Schools, the other major landowner, and Hughes have jointly set down is that Kakaako will be a place to Live, not just reside. There's a big difference.
The utter commitment by Howard Hughes to this project is unmistakable if only from the approximate $20 million they've spent remodeling the landmark IBM Building into an Information & Sales Center specifically for this undertaking. Insight to Kakaako
Residents will enjoy broad pedestrian paths & boulevards all over the district. Enjoy a refreshing stroll at the end of the workday or walk to an enticing new restaurant nearby you've been always wanting to try. Alongside convenient shopping, you'll also find senior centers, recreation areas and playgrounds. All ages can find a new condo in Kakaako that feels welcoming and like home.
Along with this smart development you get the best of nature's treasures as well. Soft, enveloping beach, the infinite blue ocean, wide green parks - they're all within your reach now. No climbing once again into the car every time you need to just get out for a while. Kakaako’s new development is built around easy access to every aspect of life.
Be a part of this incredible community that will only get better and better. Make sure you get the timing right and end up in the best condo for you and your lifestyle. Feel free to contact us and learn what you need to know about making your home a new condo in Kakaako or one of the other new condo developments in Honolulu.