Developers Celebrate Groundbreaking of Ultra-Luxury Condominiums in Honolulu; New Senior Living Community Rising in Kapolei
- Jul 19, 2014
Construction on Park Lane Ala Moana, a $300 million ultra-luxury condominium complex fronting Ala Moana Boulevard in downtown Honolulu, is scheduled to begin within the next two months.
According to the Pacific Business News, the development team, which includes The MacNaughton Group, Kobayashi Group, BlackSand Capital and landowner General Growth Properties, held a groundbreaking ceremony for the project on July 9.
Plans call for seven low-rise buildings of about 100 feet, which will offer a total of 215 units, along with amenity spaces and residential and commercial parking.
The upcoming complex at 1488 Ala Moana Blvd. is being built on a former parking lot of Ala Moana Center, right next to the Bloomingdale’s department store currently under construction at Hawaii’s largest shopping mall.
The new residences, which will range in size from 850 to 6,000 square feet, should be ready for occupancy by late 2016.
In other news, the Pacific Business News reports that California-based Kisco Senior Living and general contractor Kiewit have celebrated the groundbreaking of the $30 million Ilima at Leihano senior living community in the heart of the pedestrian-friendly city of Kapolei.
Plans call for a three-story facility offering a total of 84 spacious assisted-living and memory-care units, large common areas and extensive outdoor gardens. There will be no entrance fees, and monthly rents will include a variety of services, such as dining plans, transportation services, utilities, housekeeping, emergency response, as well as wellness activities and programs.
Designed by Group 70 International, the complex will cover about half of the 40-acre mixed-use project that Kisco is developing in phases.
“Ilima at Leihano will offer our kupuna an alternative housing option that encourages independence, active lifestyles and an environment that facilitates daily interaction between seniors and other generations,” Sharon Thom, vice president of Kiewit Senior, said in a prepared statement.
Photo credit: The MacNaughton Group/Kobayashi Group/BlackSand Capital