Updates October 2017: A Grand Penthouse unit sold in Park Lane ~$22M. Developer has just 11 units left (95% sold).
Park Lane Ala Moana in Brief Park Lane is a unique ultra-luxury Hawaiian themed condo project - in a single-family homes like setting - drawing on inspirations from a wide variety of concepts, including some buildings / concepts created by world-renowned architect Vladimir Ossipoff. The project looks like 6 separate buildings, but on Piikoi side - set back from Ala Moana Blvd - is a separte wing with 50 additional units, making Park Lane Ala Moana a total of 7 buildings, each 100ft tall and approximately 80ft open space between each structure.
The project is currently under construction (phase 1 completed April 2017) and is located at the western wing of Ala Moana Shopping Center along Ala Moana Blvd. Address: 1388 Ala Moana Blvd.
Expected Completion (2017) Phase 1 (completed): April 5, 2017 (structure 1-3, near Piikoi St), Phase 2 (completed): August 2 (structure 4-5, middle section), Phase 3: December (structure 6-7, closest to Diamond Head side).
Profile of Park Lane Ala Moana The Residences: Location on the 3rd to 8th floor across 219 units and 120 different floor plans. 7 Structures: Building 1 along Piikoi St, Building 2 on corner of Ala Moana Blvd and Piikoi St etc until reaching Building 8 furthest east along Ala Moana Blvd (there is no building named 4). Numbering: Each unit has 4 digits. The 1st digit represents the structure number, the 2nd represents the floor and the last 2 digits the unit number. Price / Sf: 2BR to 5BR units are $2,000 to $4,200 / sf and average $2,600 / sf. Maintenance Fees: ~$1.22 / sq ft. Celing Height: 11.5 foot floor to ceiling height with 10ft actual built-out, except the “Club Residences” (1BR), which will have 9ft built-out ceilings. Elevators: 17 total, which means 1 elevator / 13 residences (2 residential elevators per building, which typically has ~26 homes) Storage: All units that are 2BR or larger come with a dedicated storage room. Parking: 9ft wide stalls location on 3rd & 4th floor, strategically located close to each owner's home. Guest parking valet only. 1st & 2nd floor is mall parking. Entry: From Piikoi St there will be a ramp taking owners to the 3rd floor. Piikoi St is a two-way street and has U turn option, making acces easy. Windows: Very high quality sound proofing and protection from the natural light (arguably the best quality windows installed in any condo in Honolulu). Lot: 7.3 acres, making it the largest parcel for any condo in Honolulu and Park Lane - walkway behind the structures is ~1,000ft long. Landscaping: 675 large trees will be planted to create a unique tropical feel, a sense of being away from the busy Ala Moana area and utmost privacy. Concierge: Full service concierge staff on site. Grocery Delivery: Neighboring Food Land Farms will have a food delivery service for Park Lane residences, only. Balconies: Most units will have large balconies, creating a feel of being in a single-family home, incorporating an indoor outdoor living concept. Most balconies will have their own private BBQ stations. Courtyards: The Residences are built around courtyards, located on the 3rd floor. 3 Grand PH units ranging from about 5,093sqf - 6,259sqf interior with very large over-sized balconies.
Amenities Park Lane Ala Moana will have an abundance of state-of-the-art amenities on the 5th and 6th floor, including resort style pool, dry & steam sauna, cold rain shower, massage rooms, fitness studio, 25 seat theatre, lawn for yoga and a 4,000 sf Park Lane Lounge (currently located at Ala Moana Shopping Center).
Developer Created by renowned local developers The Kobayashi Group & MacNaughton Group (also developed nearby luxury condos Hokua and most recently One Ala Moana).
Disclaimer: The above includes graphical renderings, which should not be relied upon in deciding to purchase a condo. This is not intended to be an offer to sell nor a solicitation of offers to buy real estate.