3 New Honolulu Condos Worth Waiting For in 2022
The past decade has brought massive transformation to the streets and skies of emerging Ala Moana and Kakaako neighborhoods in Honolulu. Developer Howard Hughes Corp. catalyzed what's shaping up to be at least a 15 year development boom through the launch of the Ward Village Master Planned Community; a stunning collection of as many as 12 proposed Affordable Housing, Mid- and Ultra Luxury Condos in Kakaako.
On the neighborhood's west side near Downtown Honolulu sits the Our Kakaako Master Plan spearheaded by Kamehameha Schools in partnership with various local developers like Stanford Carr and The Kobayashi Group. This sector of Kakaako reflects a more relatable, culturally significant development process and you'll see this in the neighborhood's artsy flavor, mural lined streets, and thoughtfully named condo projects that symbolize Hawaiian traditions, geography, or stories. Our Kakaako has developed 3 new Kakaako condos since 2016 with 4 more that are currently under construction or recently proposed.
The neighboring Ala Moana community is undergoing it's own transformation sparked by the 2013 release of Park Lane condos for sale; an incredible vision of refined, luxury condo residences attached to Ala Moana Center and across from Ala Moana Beach Park. Most Hawaii residents couldn't tell you where Kakaako ends and Ala Moana begins and it's the bridging of these two communities that makes the future of Honolulu urban living so exciting, especially as Honolulu residents become more and more disenchanted with Waikiki.
3 New Condos in Honolulu You Should Be Excited About
This new Ward Village condo will mark the 10th development by Howard Hughes' Corp since 2016 and arguably it's most impressive. Kalae's "Front Row" orientation on Ala Moana Boulevard will secure onobstructed ocean views for new owners. Expect a refined, luxury product to be delivered on par with previous Waiea and Victoria Place projects which means we'll see timeless interiors and likely the most enticing set of amenities to date.
The developer is teasing a suite of distintive suite of "courtyard amenities" offering private gathering spaces of amenities set apart from the common area amenities. Don't hold us to it, but we expect Kalae condo prices to start around $1800 -2000sq for 1-3 bedroom layouts.
Alia will be one 3 newly proposed Our Kakaako projects and the most exciting to date, thanks to the reputation carried by esteemed local developer The Kobayashi Group; known for Park Lane and Hokua. There tower will offer 483 condos in Alia, 40 of which will be made available through the income limited reserved housing guidelines. The building will be anchored on Ala Moana boulevard, in line with The Collection Honolulu, and oriented towards the ocean and Diamond Head to optimize views.
Unlike Kalae, Alia condos will have lanais (balconies). Views, Resort Style Amenities, Luxury Finishes, and Premier convenience to SALT at Kakaako will set Alia apart from every other option in the master plan. Not to mention the tower's proposal of 3,500sq of ground floor commercial space that's sure to provide a number of unique cafes or restaurants just an elevator's ride away. Prices are TBD but we expect they'll land in the $1600-1800sq for market priced units.
Another "Our Kakaako" installment, and the second project in the neighborhood for local developer Stanford Carr. This will be one of the largest mixed-use condominiums we've ever seen in Kakaako, bringing much needed relief to the short Oahu housing supply, and prices we don't often see in Kakaako. Kahuina will feature 861 condos for sale, with over 500 units reserved for buyers that qualify under work-force housing rules. The proposed 35,000 square feet of commercial space provides a massive opportunity for new dining and retail shops, not to mention a huge floor plan to rest a sizable amenity deck on. Prices TBD.
There's some whispers out there about a few other projects looking to make their official release in 2022. The Hawaii Meadow Gold site was sold last year to a Conneticut developer with proposals to erect a tower with 700 new Honolulu condos for sale. Another Kobayshi Group project is being teased with plans to offer a substantial amount condos for sale under Honolulu Affordable Housing guidelines. The rumored build site around Kapiolani Ave and Kuilei place the tower on the border of the Moiliili and Kapahulu neighborhoods which hasn't seen a new condo development in decades.
Buying a New Honolulu Condo
Our team has represented hundreds of buyers in their pursuits of Oahu new homes and condos and if there's anything we can do to help make your pursuit more efficient, please give us a call. We'll equip you with the most real-time developer information, the pros and cons of each neighborhood or building, as well as insights on future view impacts that most agents aren't aware of. Our goal is purely to help you make the most well informed decision in the noisy world of Honolulu New Construction!