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City Council Green-Lights Robertson Properties’$767M Mixed-Use TOD in Honolulu

City Council Green-Lights Robertson Properties’$767M Mixed-Use TOD in Honolulu

The Honolulu City Council has granted Robertson Properties Group the final approval for the construction of its proposed $767 million, 1,500-home mixed-use development in Aiea.…

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Developers Plan Condo-Hotel Tower at King’s Village in Waikiki

Developers Plan Condo-Hotel Tower at King’s Village in Waikiki

A local development partnership between BlackSand Capital LLC, Kobayashi Group and The MacNaughton Group is planning the construction of a new mixed-use high-rise in Waikiki, on a site currently occupied by the King's Village retail complex. Black Sand Capital purchased the property in 2012 for $41.25 million.…

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Walton Street Capital Honolulu’s Ambassador Hotel Waikiki for $71.5M

Walton Street Capital Honolulu’s Ambassador Hotel Waikiki for $71.5M

Walton Street Capital LLC, a private equity real estate investment firm based in Chicago, has recently acquired the 298-key Ambassador Hotel Waikiki in downtown Honolulu.…

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Forest City Hawaii’s Proposed West Oahu Rental Housing Project Clears Environmental Hurdle

Forest City Hawaii’s Proposed West Oahu Rental Housing Project Clears Environmental Hurdle

Plans are moving forward for Forest City Hawaii’s 499-unit residential rental complex on West Oahu. According to the Pacific Business News, the Hawaii Housing Finance and Development Corp. (HHFDC) has determined that a supplemental environmental impact statement (EIS) would not be required for the proposed $140 million mixed-use apartment development…

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Kamehameha Schools to Start Construction on Mixed-Use SALT Project in Kakaako

Kamehameha Schools to Start Construction on Mixed-Use SALT Project in Kakaako

Kamehameha Schools has announced it would begin construction on the SALT at Our Kakaako retail and restaurant project in downtown Honolulu later this month.…

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$350M International Market Place Redevelopment Begins in Waikiki; Castle & Cooke, Kamehameha Schools Develop Workforce Housing in Kakaako

$350M International Market Place Redevelopment Begins in Waikiki; Castle & Cooke, Kamehameha Schools Develop Workforce Housing in Kakaako

Michigan-based developer Taubman Centers, Inc. and its partners, CoastWood Capital Group, LLC of San Francisco and landowner Queen Emma Land Company of Honolulu, have celebrated the groundbreaking of the new International Market Place in Waikiki.…

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California Developer Pacrep Plans Second Condo-Hotel Tower in Waikiki

California Developer Pacrep Plans Second Condo-Hotel Tower in Waikiki

Los Angeles-based Pacrep LLC is planning the construction of a second luxury condo-hotel tower in Waikiki. According to the Pacific Business News, the City and County of Honolulu will not require an environmental impact statement for the $159.5 million, 280-unit project at 2139 Kuhio Ave.…

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Stanford Carr’s Halekauwila Affordable Rental Complex in Kakaako Nears Completion

Stanford Carr’s Halekauwila Affordable Rental Complex in Kakaako Nears Completion

The Hawaii Community Development Authority announced that Stanford Carr’s affordable 204-unit Halekauwila Place apartment high-rise in Honolulu’s Kakaako neighborhood would be complete in March.…

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Gerding Edlen Tapped to Develop Kamehameha Schools’ Workforce Rentals in Kakaako

Gerding Edlen Tapped to Develop Kamehameha Schools’ Workforce Rentals in Kakaako

Kamehameha Schools has selected Oregon-based Gerding Edlen to develop the 209-unit workforce rental project, which will be part of the company’s previously announced $300 million Keauhou Lane mixed-use residential development in Kakaako.…

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New Hilton Grand Vacations Resort Opens in Honolulu’s Waikiki Beach Walk

New Hilton Grand Vacations Resort Opens in Honolulu’s Waikiki Beach Walk

On January 28, Hilton Grand Vacations (HGV) celebrated the grand opening of its newest resort, Hokulani Waikiki by Hilton Grand Vacations Club in Honolulu. Mayor Kirk Caldwell and other officials attended the reception hosted by Mark Wang, president of Global Sales and HGV.…

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Prospective Buyer Terminates $142M Deal to Acquire City-Owned Affordable Housing

Prospective Buyer Terminates $142M Deal to Acquire City-Owned Affordable Housing

The $142 million leasehold sale of 12 city-owned affordable rental complexes located in various parts of Oahu has been canceled. According to the Honolulu Star-Advertiser, the group of investors that agreed to purchase and manage the properties in the summer of 2012 will not be able to make a $35…

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Rockbridge Capital Acquires Aqua Wave Waikiki Hotel for $48M

Rockbridge Capital Acquires Aqua Wave Waikiki Hotel for $48M

Ohio-based private equity firm Rockbridge Capital has purchased the Aqua Wave Waikiki hotel in Honolulu from Ramsfield Hospitality Finance’s CR Wave LLC. According to the Pacific Business News, the leasehold property at 2299 Kuhio Ave. sold for $48 million.…

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