Local developer Alexander & Baldwin has announced that they will be building a new 43-story condominium in Kakaako on the site of the now closed CompUSA store. The project, which would include townhouses, several restaurants and retail shops, will be called “The Collection at 600 Ala Moana.” Alexander & Baldwin officials estimate that the project would cost about $200 million to develop. There will be approximately 400 units in the main tower with one bedroom units start at approximately $400,000 and three bedroom units selling for “well above” $700,000. There will also be a four-story condominium that would have an additional 50 units, and yet another building with 16 three-story townhouses. President of Alexander & Baldwin, Chris Benjamin, stated, “Today for us is a very important step in the advancement of this neighborhood in Kakaako. We are very excited about embarking on this latest project.”
The sales center is expected to open in the summer of 2013.
Source: Honolulu Star Advertiser, 4-10-2013, 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