Howard Hughes Corp. looking beyond Kaka'ako high-rises

By Catherine Cruz
Published On: Jan 31 2014 05:33:48 PM HST
Updated On: Jan 31 2014 06:51:44 PM HST

Howard Hughes Corporation

Waiea

HONOLULU -

A major landowner in Kakaako is now interested in developing the small boat harbor at Kewalo Basin.

Click here to watch Catherine Cruz's report.

It comes as Howard Hughes Corporation is launching the sales of two new market highrises.

The IBM building, which is located just across the way from Kewalo Basin is now nerve central for the company.

On Friday, it made a sales splash at its newly reworked offices.

Jack Tyrell was one of 70 people who stood in line for a sneak preview.

"I was at here 3-o'clock [Thursday] afternoon," said Kaka'ako resident Tyrell.

And sales for the two market-priced towers don't start until Saturday at 9 a.m.

Anaha offers a limited number of condos which start at $470,000.

Units at the higher end Waieu start at $1.5 million.

The tower will also boast a grand penthouse spanning two floors unlike anything Honolulu has ever seen.

"I personally lived in Hawaii Loa and on the North Shore at Waimea Bay, but to me, this is the area to live," said Tyrell.

Tyrell, who lives, in the adjacent Hokua luxury high-rise still wants a chance to get in.

"We wanted to show the level of quality of hardscape and landscape and creating the sense of place for the community to enjoy and to see what Ward Villages will be like and see this is a master plan," said Nick Vanderboom of the Howard Hughes Corporation.  "It's not just one or two towers we are building."

The sales office boast a high-tech display where you can see exactly where the planned rail stops will be in proximity to Ward Villages, along with the south shore  surf breaks and the area's rich history.

"It's really to tell the story about the master plan and to tell the past, the present and the future of Ward Village," said Vanderboom.

And, yes, the developer is very much interested in what goes across the street in what will essentially be their front yard.

"We are focused on building a great community so we care about what happens on the mauka side of Ala Moana as well as the makai side, so we are looking at any opportunities," said Vanderboom.

Kewalo Harbor is now managed by Almar, a California company.  The contract expires at the end of this month.

Officials with both companies will be detailing their plan to manage and develop the Kewalo Harbor before the Hawaii Community Development Authority next week.

The agency which oversees Kaka'ako will decide on a 30-year contract with an option to extend another 10 years.

Ward Village redevelopment

Click here to see more renderings of the Ward Village.

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