Pearl City Real Estate – The Plaza at Pearl City, Assisted Living Rental Complex

MW Group Ltd, a local development firm, held a ground breaking ceremony for The Plaza at Pearl City, an assisted living rental apartment complex.  The five-story complex is located at 1048 Kuala St and will house 159 residents.  The project is expected to cost $46 million to build and will be completed by the fall of 2014.  Eventually, the developer hopes to add a second phase to The Plaza, which would allow for the care of 60 additional residents who suffer from memory disorders like dementia.  MW Group has developed similar projects in Makiki, Mililani and Moanalua.

Approximately 400 construction jobs will be generated through this project.  Once the center is completed, about 100 long term jobs would be created.

Source: Honolulu Star Advertiser, 4-16-2013, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
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