These days in Hawaii, one of the most common topics real estate appraisers are confronted with is: “Have you heard about that new tower they announced in Kakaako?”
Very often, I’m asked for specifics about a new high rise condominium development in Honolulu. I decided to compile a concise list.
There is an enormous amount of development activity happening in Hawaii right now, especially in urban Honolulu. Major developers, lenders, and landowners are involved, including: Alexander and Baldwin (A&B), Howard Hughes Corporation, The MacNaughton Group, Kobayashi Group, OliverMcMillan, Tradewind Capital, Kamehameha Schools, Stanford Carr, American Savings Bank, Bank of Hawaii, Central Pacific Bank, Wells Fargo, and First Hawaiian Bank.
As I started to put this list together, I quickly realized that the variety of residential projects being planned was staggering: High-rise condos, student housing, timeshare, hotel, high-rise apartments, low-rise condominiums, senior housing, and even affordable housing for artists!
Here are the parameters for inclusion in this article:
- High-Rise Construction
- Fee Simple Condominiums
- Whole Ownership (No Timeshare)
- An active development plan on track for approvals, financing, and construction.
12 Oahu towers made the cut, a total of 4,166 proposed units–web links and a brief summary of each project is included below:
The map below shows the location of each project in urban Honolulu:
Click HERE to view details in Bing Maps
This link: http://binged.it/13RCPpX takes you to an interactive Bing Map that shows photos and details of each project. As shown, most of the activity is in Kakaako.
Want more details?
Here you go:
CLICK CHART TO ENLARGE
Comments and/or Questions? Please leave them in the comments section below–I’d be happy to clarify or expand.
Aloha, Chris
Chris Ponsar, MAI, SRA 
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