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Thursday, April 25, 2013

Waikiki Real Estate – Ritz-Carlton Residences Waikiki Beach to Have Dean & DeLuca Luxury Food Market


The Ritz-Carlton Residences Waikiki Beach, has announced that they will be adding a Dean & DeLuca market in the lobby of their condominium hotel. A well known luxury food market based out of New York City, Dean & DeLuca will sell a wide variety of goods including premium produce, exclusive spirits and wines, and high end kitchenware. Jason Grosfeld, a principal of development company PACREP LLC, stated “We think it’s the perfect brand to bring to Luxury Row and to bring to Ritz-Carlton. We couldn’t imagine a better gourmet food experience for our visitors and guests.”
The Ritz Carlton Residences will feature a total of 309 residences/hotel units and will cost a total of approximately $180 million. The property will be 38-stories tall and is expected to break ground later this year and be completed by 2016. In addition to Dean & DeLuca, the property will feature a sushi restaurant, another restaurant to be determined  a bar, two infinity-edge pools and a spa. All units would have ocean views overlooking Fort DeRusy Park.
Source: Honolulu Star Advertiser, 4-25-2013, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
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