Contact Tracy

ALA MOANA PLAZA

New High-Rise Condo Tower Tied to Ala Moana Center
(This rendering shows Brookfield Properties’ Lilia Waikiki rental apartment project in Honolulu. The developer wants to replicate the project with 80% market-rate units and 20% affordable units in a 400-foot tower on a corner of its 50-acre property at Ala Moana Center. Information & Materials Courtesy of the Developer Brookfield Partners.)

According to Pacific Business News, Brookfield Properties, which recently broke ground on a rental apartment building in Waikiki, “wants to replicate that project with a 550-unit tower on a corner of its 50-acre Ala Moana Center property”.

According to PBN, the plan is for a mix of 550 studios, one-, two- and three-bedroom units in a 400-foot tower.

The developer plans to make 20% of the Ala Moana Tower units, or about 110 apartments, affordable for tenants making no more than 80% of the area median income, PBN reports said. The remainder of the units would be market priced.

Click Here to Request More Information On Purchasing A Residence At Ala Moana Plaza

For now, Brookfield is focusing on the site of Ala Moana Plaza, a 30-year-old single-story strip center at the corner of Piikoi and Kona streets whose tenants include Nijiya Market, Eggs N’ Things, Taiyo Ramen, Cho Dang Restaurant and Jq Hawaii Inc.

(Ala Moana Plaza, a 30-year-old single-story strip center at the corner of Piikoi and Kona streets.)

The plan is to replicate what Brookfield is doing with its Lilia Waikiki project, which recently broke ground — a tower with market-rate and affordable rental units.

[ss_click_to_tweet tweet=”Hawaii real estate developer Brookfield Partners focuses on corner of Piikoi and Kona Streets for planned 550-unit Ala Moana Plaza. #Honolulu #CondoWatch” content=”Hawaii real estate developer Brookfield Partners focuses on corner of Piikoi and Kona Streets for Ala Moana Plaza, a planned 550-unit condo high-rise. #Honolulu #CondoWatch” style=”4″ link=”1″ via=”1″]

While the plan is for the building to have parking, it will also be able to tie in with the parking structure on the Kona Street side of Ala Moana Center that was built during the Ewa Wing expansion.

The project is very much in a planning stage, but if all goes well, the developer hopes to start construction two years from now.

Information originally published at “Brookfield plans 550-unit rental tower at Ala Moana Center”, Pacific Business News, October 11, 2019

Looking for nearby condo high-rise alternatives? Click here for nearby brand new condos.

STATUS

Proposed/Conceptual Design Phase

PRICES* (Market Residences)

Studios: TBD
1-Bedrooms: TBD
2-Bedrooms: TBD
3-Bedrooms: TBD

RESIDENCES*

~ 550 Studio, 1-Bedrooms, 2-Bedrooms & 3-Bedrooms (of which approximately 110 are Affordable Residences)

INTERIOR SQUARE FOOTAGES*

Studios: TBD
1-Bedrooms: TBD
2-Bedrooms: TBD
3-Bedrooms: TBD

MAINTENANCE FEE*

TBD
*Subject to Change by Developer.

Your Ala Moana Plaza Buyer’s Agent

Tracy Yamato (RA) CRS

Tracy Yamato (RA) CRS
Certified Residential Specialist
LIC# RS-51972

Hawaii Living LLC
1311 Kapiolani Blvd #214
Honolulu, HI 96814

Phone: (808) 372-2274
Email: Tracy@HawaiiLiving.com
Web: TracyYamato.com

Customer Reviews