Outrigger Enterprises Group has announced that they would like to build another 350-foot tower at their Outrigger Reef on the Beach hotel complex. This tower would strictly be used as a hotel and will not be sold to individual owners as a condominium-hotel. Tentative plans call for a 31 or 32 story tower with a total of 200 rooms plus an additional 15,000 sq ft of meeting space and a 7,200 sq ft ballroom. President and CEO for Outrigger, David Carey, stated, "We already have housekeeping, front desk and the balance of resort services, so it's not that hard to expand hotel rooms. This is the only locally owned of the seven Waikiki beachfront hotels and one of the few fee-simple, on-the-beach properties. We want to keep it that way."
There is some concern that this new Outrigger tower would block some of the ocean views that are currently being enjoyed by the Trump Tower and will be enjoyed by the Ritz-Carlton Towers (to be built).
Source: Honolulu Star Advertiser, 4-30-2014, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Principal Broker, REALTOR®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
