OliverMcMillan, a San Diego developer, and Joe Nicolai, a local landowner, have announced that they would like to build a new luxury condominium tower on the corner of Ward Avenue and Kapiolani Boulevard. The building would be named “Symphony” inspired by the neighboring Blaisdell Center the long time home of the Honolulu Symphony. The Honolulu Symphony officially disbanded in 2009, but the Blaisdell will now house the Hawaii Symphony Orchestra, which will host its first concert on March 4.
An application has already been submitted to the Hawaii Community Development Authority to obtain a permit which would allow a 400 foot high tower to be built. If permits are given, OliverMcMillan would like to start selling units in the summer of 2012 and begin construction by the end of the year. The development director for OliverMcMillan, Dan Nishikawa, stated, “There was already some good branding for that property. I think there’s a lot of positive recognition from the location standpoint. It’s going to be a premier building.”
Source: Honolulu Star Advertiser, 2-21-2012, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
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