A&B Plans New High-Rise Condo Near Ala Moana
By Wendy Osher
A&B Properties, Hawaii’s fourth largest private landowner, has unveiled a new residential condominium project, Waihonua at Kewalo.
The planned 43-story tower, located between the Ala Moana Shopping Center and the Ward Centers, will be the final high-rise condo in Honolulu’s premiere residential high-rise neighborhood.
Kewalo Development LLC, a subsidiary of A&B Properties, Inc., acquired the property in the middle part of 2010.
Plans call for the construction of 345 units with seven penthouse residences on the top floor.
A sales gallery opens in December with fee-simple prices beginning at $400,000 for one-bedroom/one-bath units; $565,000 for two-bedroom/two-bath units; and $720,000 for three-bed/two-bath residences.
“Waihonua at Kewalo will offer a sophisticated urban lifestyle to a broad spectrum of buyers in today’s market place,” said A&B Land Group President Christopher J. Benjamin.
Amenities at Waihonua at Kewalo will include a fitness center, recreation deck, pool and spa, cabanas, barbeques, and a private movie theatre.
“The location, great amenities and interior design features will make this a tremendous opportunity for buyers.”
The building was designed by Hawaii-based architects Design Partners, Inc. in consultation with Pappageorge Haymes of Chicago. The building design was inspired by the history of the Kewalo area as well as the ocean, mountain and city views.
A&B Properties has holding of more than 88,000 acres, primarily on the islands of Maui and Kauai. The company has development projects on all major islands as well as commercial properties and industrial space in Hawaii and on the mainland.
More information on the new Honolulu development can be found at www.waihonua.com.