The Howard Hughes Corporation has announced that they will be retaining the IBM Building, located at the corner of Ala Moana Blvd and Queens Street in Kakaako will not be demolished at this time and will actually undergo a $20 million interior remodel. The exterior “concrete sunshade grille” look will be preserved. According to the Hughes Corporation, the plan is to convert the ground floor of the office building into an information center which will explain the history of the neighborhood as well as the Hughes vision for the future. Hughes hopes to transform the Ward Centers into a 60-acre urban village with a total of 22 new condominium towers as well as new shops and restaurants over the next 15 years. The buildings top two floors will become a condo sales center and feature model units for the new condominium towers.
Source: Honolulu Star Advertiser, 2-1-2013, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
