Pankow to Build $158M Condo Tower in Honolulu

Honolulu, Hawaii–Fifield Companies has selected Charles Pankow Builders Ltd. to build the Allure Waikiki, a $158 million luxury condominium tower located in the Waikiki area of Honolulu, Hawaii.The 35-story tower will contain 291 one-, two- and three-bedroom units ranging in size from 833 sq. ft. to 1,633 sq. ft., each with a private lanai. Design for the project also calls for a 19,500-sq.-ft. recreational terrace, 9,000 sq. ft. of dining and/or upscale retail space as well as 32,000 sq. ft. of parks and gardens. The project also includes 175,000 sq. ft. of parking for 458 cars.Architects Hawaii Inc. designed the project. Pankow managed the preconstruction process and began construction in December 2007. The project is scheduled for opening in March 2010.“Pankow is a long-time builder of quality high-rise residential,” says John Ryden, senior vice president of Construction for the Fifield Companies. “We selected Pankow as our contractor because they understand both the complexities of building on constrained urban sites and the exacting demands of a high-end construction.”