Jack Tyrrell specializes in Kakaako, Honolulu, Hawaii luxury condo projects.

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Mandarin Oriental Honolulu residences to start sales Oct. 1

Photo: Mandarin Oriental Honolulu Residences

Photo: Mandarin Oriental Honolulu Residences

Read more from Pacific Business News, below:

The developer of the $1 billion Mandarin Oriental Honolulu hotel and condominium project said Thursday that sales of a limited release of units will start on Oct. 1.

Sales will start with 49 of the condo units under a “Friends and Family” program, and prices are estimated to start at $3.5 million, Manaolana Partners said in a statement. The developer said the project is expected to break ground in the fall, with completion targeted for early 2022.

The 418-foot, 36-story tower is planned for a corner of Kapiolani Boulevard and Atkinson Drive, across from the Hawaii Convention Center. The first 19 floors of the building will house a 125-room Mandarin Oriental hotel, topped by 17 floors of The Residences at Mandarin Oriental, Honolulu, which will have a total of 99 units.

The project’s sales office is located a few blocks away at Luxury Row at 2100 Kalakaua Ave.

"With sales soon to launch, we are thrilled to officially introduce The Residences to the public and to be one step closer to bringing one of the world's most renowned hotel brands back to Honolulu," Jim Ratkovich of Salem Parners and co-managing partner of Manaolana Partners, said in a statement. "Mandarin Oriental, Honolulu will breathe new life into the heart of the Ala Moana District as the first project approved under the Ala Moana transit-oriented development plan, aimed at improving connectivity, bringing a new vibrancy and adding to the neighborhood's burgeoning energy."

The design team on the project includes auWorkshop architects+urbanists, Honolulu architecture firm AHL, Dianna Wong, Meyer Davis, Hart Howerton and Italian designer Molteni&C Dada. The hotel and residences will also feature a public water and light installation designed by Fluidity Design, which has also done water and light projects at 50 United Nations Plaza and the Metropolitan Museum of Art in New York, Daesung D3 City in Seoul, Dubai Festival City and the Pacific Design Center in West Hollywood, California.

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Hawaii named 'Happiest State in America' for the second year in a row

ala moana beach park.jpg

Popular finance website, Wallethub, named Hawaii the happiest state in the country. With a plethora of nature to enjoy, warm weather year-round, and a culture of aloha, this comes as no surprise! Read more from Pacific Business News, below:

Hawaii is the happiest state in the country according to a new report by finance website Wallethub.com.

For the report, researchers compared each of the 50 states based on several key criteria including physical well-being, work satisfaction, and community and environment. This is Hawaii's second consecutive time grabbing the No. 1 spot, and its fifth time in at least the top 10 on the list.

The Aloha State was ranked third-happiest in 2017 and 2015, fourth-happiest in 2016, and eighth-happiest in 2014.

Of the criteria that each state was judged by, Hawaii adults had the lowest share of depression, the longest life expectancy, and the highest social well-being score. The state was among the top five states for income growth, low divorce rates, underemployment and median credit score.

On the flip side, Hawaii ranked pretty low in a few categories, including economic confidence, No. 40, commute time, No. 42, job security, No. 48, and adequate sleep rate — the only category where Hawaii came in dead last.

Many of the state's poor performance areas should come as no surprise to residents who are well aware of Hawaii's high cost of living, and high-volume traffic issues. However, despite the negatives, Hawaii residents are still relatively happy, and psychologists say that, in addition to stellar weather it's Hawaii's family culture that makes the Islands a cut above the rest.

"I think people believe that money or material goods brings happiness, but we know from psychological research that having more money or affluence, while certainly helpful in providing a range of resources and access to quality health care, schools, etc., also leaves those living in these communities in poorer psychological health, said Miguel E. Gallardo, associate professor of psychology at Pepperdine University, in a statement.

"In fact, there has been other psychological research that has indicated that those “poorer” communities are more connected and collaborative with one another as it serves as a necessary outcome to their survival, both individually and communally," Gallardo said. "In essence, our relationships with one another and the support and love we receive from being connected interpersonally are important ingredients to a happy life."

Hawaii ranked toward the bottom at No. 40 in the report's volunteer rate category, and Gallardo suggests that a sure-fire way to increase happiness is to participate in community service and volunteer projects. The state with the highest volunteer rate, Utah, came in at No. 2 in the overall rankings.

"Positive psychology tells us that doing something good for other people, no matter how small or large, has positive psychological benefits to our own wellbeing," Gallardo stated. "Being connected to others and seeing our lives intertwined in some meaningful way and serving others both appear to be good starting points to living a happier life."

Other key findings in the report:

  • After Hawaii, the happiest states were Utah, Minnesota, California and New Jersey

  • The least happy state in the U.S. according to the report is West Virginia, followed by Arkansas, Alaska, Mississippi and Louisiana

  • Residents of South Dakota had the highest-average sleep rate, opposite Hawaii's No. 50 ranking

  • Washington had the highest sports participation rate and Kentucky had the lowest amount of active adults

  • New York had the lowest suicide rate in the country and Montana had the highest

  • Residents of Utah had the fewest work hours and Alaska residents reported the most

  • The safest state in the country is Minnesota and the least safe state is Mississippi

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International Dog Day

Getting a pet massage at JTC’s “Couple’s Massage” pet and owner massage booth at the Hawaiian Humane Society’s 2018 PetWalk Paina.

Getting a pet massage at JTC’s “Couple’s Massage” pet and owner massage booth at the Hawaiian Humane Society’s 2018 PetWalk Paina.

August 26 is International Dog Day, and we are celebrating since it’s no secret Jack Tyrrell and Company (JTC) loves dogs! We recognize the important role that dogs play in our friends’ and clients’ lives. For the past several years, JTC, through the Rainee Barkhorn Foundation, has supported the work of the Hawaiian Humane Society’s PetWalk.

One of the best things about Ward Village are its dog-friendly facilities. All Ward Village residences include a dog run area. If your dog is craving more room to exercise, Kolowalu Park and Victoria Ward Park offer a large expanse to run and an opportunity to socialize with other Ward Village neighbors. You may also find dogs and their owners hanging out at South Shore Market to escape the heat. Ward Village is one of the few dog-friendly places to relax in the neighborhood since the City and County of Honolulu still does not allow dogs at Ala Moana Beach Park (though, the Final Environmental Impact Statement for Ala Moana Regional Park and Magic Island Improvements includes a dog park in the future).

Some other useful resources when it comes to knowing where your furry friend is welcome:

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Honolulu named one of the best big cities to live in, despite high cost of living

One of the highlights of living in Honolulu is the beautiful sunset we enjoy daily.

One of the highlights of living in Honolulu is the beautiful sunset we enjoy daily.

Honolulu has been named on Wallethub’s list of top big cities to live in, coming in at number 9. While the cost of living is high, the quality of life, education, health, and economic opportunities provided to residents, according to Wallethub’s analysis, brought Honolulu into the top 10.

Read more from Pacific Business News, below:

In addition to being known for its beautiful beaches and vibrant tourism industry, Honolulu is home to some of the highest gas, grocery and housing prices in the United States. Despite this, a new study by Wallethub, a personal finance website, ranks Honolulu as one of the best big cities in which to live in the country.

The study ranked the 62 largest American cities on criteria such as affordability, economy, education and health, and quality of life. Honolulu squeezed into the top 10 ranking, coming in at No. 9.

On the plus side, Wallethub's data found that Honolulu residents were among the cities with the lowest percentage of the population living in poverty, and the highest population percentage of insured residents. On the negative side, Honolulu ranked really low on the affordability scale — 53 out of 62 — and was listed among the five cities with the highest housing costs.

Santa Ana, New York City, Miami and Los Angeles were the other cities with high housing costs.

The study also compared each city on several areas of "attractiveness" like a city's number of coffee shops, restaurants, crime rate, and walkability. These and other criteria contributed to a city's overall quality of life, Honolulu ranked relatively high in this area, coming in at No. 12.

"Quality of life supersedes all financial factors," said Theodore C. Landsmark, professor of Public Policy and Urban Affairs at Northeastern University, in a statement. "You live in a place every day, and it has to feel comfortable."

Honolulu also ranked No. 6 in the education and health category, which included the quality of public schools and hospital systems, and No. 5 in the economic category, which factored in unemployment rates, job opportunities, and income growth.

"Too many emerging professionals choose salaries over life styles, and find themselves burned out and frustrated as they’ve wasted irreplaceable time with meaningless pursuits of personal income," Landsmark said. "Life is short – one’s time and personal satisfaction needs to be balanced with careerist aspirations."

Virginia Beach, Virginia was ranked the best big city to live in the country for its high affordability ranking, No. 1, and high education and health ranking, No. 7. Detroit, Michigan was named the worst big city to live in due to its being in the absolute bottom ranking for the economy and education and health categories.

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Oahu home prices rose to new highs in July 2019

Photo: Jack Tyrrell & Company

Photo: Jack Tyrrell & Company

Honolulu’s housing market continues to see high prices, with two price records broken in July 2019. Sales for single-family homes and condos were higher than any month before, and prices increased. The median sales price of condos in July 2019 was $461,500, a 7.5% increase from $429,500 in 2018. This is the highest the median sales price of condos has reached since March 2018. With no newly constructed condo towers during this time, these numbers show that the demand for condos continues to be strong and sellers are able to sell at highly competitive prices.

Read more from The Honolulu Star-Advertiser, below:

Oahu’s housing market broke two price records in July, including one that had stood for more than a year.

The Honolulu Board of Realtors reported today that median sale prices for previously owned single-family homes and condominiums reached new peaks last month that were higher than any month before.

Single-family homes sold for a median $835,000 in July, up 5.8% from $789,500 in the same month last year. The prior record was $812,500 in September.

For condos, the median sale price last month rose 7.5% to $461,500 from $429,500 a year earlier. The old record of $435,000 was more than a year old and was set in March 2018.

Jenny Brady, Honolulu Board of Realtors president, suggested in a statement that lower mortgage interest rates may have enabled buyers to pursue more expensive homes.

Brady noted that there were 80 single-family home sales last month for between $900,000 and $1.2 million compared with 51 sales in the same range a year earlier. A similar boost happened in Oahu’s condo market, where there were 149 sales for between $500,000 and $699,999 in July compared with 106 sales in the same range a year earlier.

The number of sales overall was higher in July, the trade association report said.

Single-family home purchases rose 12.7% to 372 last month from 330 a year earlier. Condo purchases edged up 2.2% to 513 from 502 in the same period.

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Senia chef to direct culinary operations for Ward Village

The Howard Hughes Corporation has announced that Senia co-owner and chef Chris Kajioka will now be directing the culinary program within the Ward Village community. In this newly created role, Kajioka will “advise on additions to the complex, to food and beverage offerings at community events, to overseeing private Howard Hughes functions”. Through this work, Kajioka will help to establish Ward Village as a world-class dining destination. According to Ward Village’s website, “If you’re already calling Ward Village home, that means some very delicious things are in the works, including culinary classes, exclusive recipes, and in-home chef recommendations from one of the state’s leading culinary masterminds.”

“Ward Village is rapidly emerging as one of the culinary hot spots of Honolulu, attracting James Beard Award Winners and Michelin Star Chefs,” said Simon Treacy, President, Hawai‘i of The Howard Hughes Corporation. “Chef Kajioka’s depth of knowledge and expertise will take the epicurean vision for our growing community to the next level, ensuring a high bar of excellence at every step.”

For more, read the below article from The Honolulu Star-Advertiser, below:

Chris Kajioka is co-owner of one of Honolulu’s preeminent restaurants, Senia. He spends many an evening catering private events, is culinary director for the Hotel Wailea on Maui (with a restaurant on the property) and is working toward the October opening of Bar Maze, his Kakaako collaboration. Right now he’s in Tokyo for three events. Plus, he has a 5-year-old he’s trying to coax toward culinary heights greater than pizza.

You know what this guy needs? Another job. Howard Hughes Corp. has given him one, as Ward Village chef, directing culinary operations for the entire 60-acre complex.

“Yeah, another job,” Kaji­oka said. “I like staying busy, though. Busy is good.”

The newly created position encompasses all of Ward’s dining spots — from high-end restaurants to food trucks — as well as markets and culinary events. Anything that involves chewing, basically, throughout the Ward universe, from Ward Centre to South Shore Market to the open space that used to be Ward Warehouse.

It’s a universe already home to more than 30 eating spots, including Peter Merriman’s Honolulu restaurant, the trendy Piggy Smalls and Nobu Honolulu, as well as ice cream shops, coffee stops, poke spots and a twice-a-week farmers market.

Kajioka’s role stretches from advising on additions to the complex, to food and beverage offerings at community events, to overseeing private Howard Hughes functions. He may even open his own restaurant in the area, he said.

So, yeah, he’s busy.

The operative word defining Kajioka’s new job is “curate,” as in defining a culinary identity for the complex and helping bring in businesses and set standards to achieve that goal.

“You’re leading a development through food,” he said. “I think that’s what brings a community together.”

His vision, Kajioka said: “Curating a neighborhood where you can find a lot of local shops and local food businesses as well as businesses from all over America.”

He added: “Every dynamic food city is also built upon a great farmers market, so the intention is to keep growing that aspect.”

Simon Treacy, Hawaii president of the Howard Hughes Corp., the developer of Ward Village, said it made sense to bring in someone to chart the course as the complex’s food profile grows. Treacy said he sought “a respected chef to curate what will hopefully be a world-class culinary experience.”

Kajioka’s experience at acclaimed restaurants (including Per Se in New York and Vintage Cave in Honolulu) gives him a good perspective on both local and national markets, he said. “He has a sense of food that takes us forward.”

He also has the temperament to guide an endeavor of this scale, Treacy said. “He’s a guy who’s very calming, very thoughtful.”

Kajioka, 36, opened Senia with partners Anthony Rush and Katherine Nomura just 2-1/2 years ago, yet the restaurant has grown “very sustainable,” with a strong staff under Jeff Hayashi, chef de cuisine, he said.

He and Rush have separate projects set for opening this year. Kajioka’s Bar Maze pairs his food with the craft cocktails of Justin Park and Tom Park of Bar Leather Apron, set to open in December in the Collection, a condominium tower in Kakaako. Rush is working to open Podmore, also cocktail-driven, in the historic Joseph W. Podmore building downtown.

Senia will always be special to them — “our baby,” Kajioka said. “But from the beginning, that wasn’t going to be the end-all, be-all for us. We both have a lot of creativity in us where we want to pursue other projects.”

Coming up at Ward: Two restaurants are being explored for possible opening later this year, Treacy said. He wouldn’t detail much about them, except that they’d be casual sit-down restaurants, and “a new type of cuisine for Ward.”

Kajioka said he could bring his own entry to the Ward roster, but it wouldn’t be a high-end affair like Senia. His son Cade would be more of a target audience than Honolulu gourmets. The 5-year-old is “super picky,” Kajioka said.

Winning over diners like him would be a worthy challenge. “I think my next restaurant is definitely going to be something low-key, for the family.”

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The Howard Hughes Corporation Announces Next Tower, Victoria Place

Photo: The Howard Hughes Corporation. This rending shows The Howard Hughes Corp.'s Victoria Place project, a 350-unit condominium planned for a site along Ala Moana Boulevard in Honolulu, part of the developer's 60-acre Ward Village.

Photo: The Howard Hughes Corporation. This rending shows The Howard Hughes Corp.'s Victoria Place project, a 350-unit condominium planned for a site along Ala Moana Boulevard in Honolulu, part of the developer's 60-acre Ward Village.

We are excited to share that The Howard Hughes Corporation has announced its next project, Victoria Place! The new development will be located at 1100 Ala Moana Blvd., between Waiea and Victoria Ward Park, the same site as the formerly planned Gateway Towers. The project is planned to have 350 residential units, 15,590 square feet of open space at the ground level, and 64,105 square feet of recreational space. The unit mix would include 137 one-bedroom units, 146 two-bedroom units and 77 three-bedroom units. No retail space is planned. Instead, the tower would be designed to integrate with green open space below. HCDA has scheduled a presentation hearing on the project for Sept. 4, with a decision-making hearing scheduled for Oct. 2.

The Howard Hughes Corporation just broke ground on its sixth project, Kōʻula, earlier this month.

To stay updated with the latest development in Ward Village, please reach out!

Read the full article from Pacific Business News, below:

The Howard Hughes Corp. has released plans for its seventh Hawaii tower — a 400-foot luxury condominium building whose name pays homage to the original owner of the 60-acre master-planned community Ward Village.

Victoria Place will be located at 1100 Ala Moana Blvd., between Waiea and Victoria Ward Park, a portion of the site The Howard Hughes Corp. had previously planned as the site for one of the two Gateway Towers, according to an application filed with the Hawaii Community Development Authority, which oversees development in Kakaako.

The application seeks to consolidate the footprint for the two previously approved Gateway Towers into one for Victoria Place, and expand the makai end of Victoria Ward Park to “provide enhancements for wellness, connectivity to the ocean and culturally inspired placemaking,” the developer said.

“The biggest part of this is being able to consolidate Gateway’s two towers into one,” Todd Apo, senior vice president of community relations at Howard Hughes, told Pacific Business News Tuesday. “We’re moving one of the tower footprints, with more homes and more reserved housing as well, opening up and expanding the park space.”

The site of Victoria Place, adjacent to Victoria Ward Park, is seen here with, from left, Aeo, Anaha and Waiea seen in the distance

The Gateway Towers project, which was to have 236 units, was shelved last year after Simon Treacy took over as president of the Hawaii region for Dallas-based Howard Hughes.

Photo: The Howard Hughes Corporation. This rending shows the additional open space along the ground level of the Victoria Place project, adjacent to Victoria Ward Park.

Photo: The Howard Hughes Corporation. This rending shows the additional open space along the ground level of the Victoria Place project, adjacent to Victoria Ward Park.

“As featured in our announcement last year, our plan for the former Ward Warehouse location now reflects greater public amenities, more open green space, and an increased connection to the waterfront,” Treacy said in a statement. “Victoria Ward’s legacy continues to serve as our biggest inspiration as we transform Ward Village into a world-class destination that showcases the beauty and culture of our island.”

Victoria Place will have 350 residential units, 15,590 square feet of open space at the ground level, and 64,105 square feet of recreational space. The unit mix would include 137 one-bedroom units, 146 two-bedroom units and 77 three-bedroom units, according to the sewer application filed with the City and County of Honolulu.

Unlike the first six towers completed or under construction — Waiea, Anaha, Aeo, Ke Kilohana, Aalii and Koula, which broke ground two weeks ago — there is no retail or commercial space planned for Victoria Place, Apo confirmed.

“The focus of the ground floor is going to be the integration of the park,” Apo said. “The makai section of park is a more tranquil, relaxing atmosphere. We think it will be a nice change and transition.”

The project is being designed by Solomon Cordwell Buenz, who also designed the Anaha and Aalii towers for Howard Hughes, as well as the ONE Ala Moana and Park Lane Ala Moana buildings around Ala Moana Center and Brookfield Properties' Lilia Waikiki project, which is expected to start construction this year.

HCDA has scheduled a presentation hearing on the project for Sept. 4, with a decision-making hearing scheduled for Oct. 2.

The project is named for Victoria Ward — who, with her husband, Curtis Ward — bought 100 acres stretching from Thomas Square to the ocean in 1870. The portion of the land mauka of Kapiolani Boulevard is occupied by the Neal S. Blaisdell Center, which is owned by the City and County of Honolulu.

The Ward family owned the 60 acres makai of Kapiolani — including Ward Warehouse, Ward Centre and the Ward Entertainment Complex — until 2002, when Victoria Ward Ltd. was sold to Ala Moana Center owner General Growth Properties for $275 million.

The Howard Hughes Corp. took over the land in 2010 after General Growth emerged from Chapter 11 bankruptcy.

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Straub opens new clinic, welcomes patients in Ward Village

Source: Straub Medical Center. Pictured left to right are  Drs. Jimmy Chen, Akolea Ioane and Katsuya "Andy" Iizuka , family medicine physicians at the new Ward Village clinic;  Tracy Damitio , clinic manager;  Shy Hirai , RN, clinic supervisor; and  Travis Clegg , COO of Straub Medical Center.

Source: Straub Medical Center. Pictured left to right are Drs. Jimmy Chen, Akolea Ioane and Katsuya "Andy" Iizuka, family medicine physicians at the new Ward Village clinic; Tracy Damitio, clinic manager; Shy Hirai, RN, clinic supervisor; and Travis Clegg, COO of Straub Medical Center.

One of the most important features of a livable, walkable community is the placement of services in convenient, close proximity. That is why we are excited that the Straub Medical Center has opened its newest clinic on the ground floor of Ae`o to serve the Ward Village community! This 4,800-square foot location will provide primary care, urgent care, imaging, and lab services to our community. Three family medicine practitioners are accepting new patients, both children and adults, at this location. For more information or to schedule an appointment, call this location at 808-462-5200

Clinic Hours:

  • Primary Care: Monday - Friday: 7:30 a.m. - 5:30 p.m.

  • Urgent Care: Daily 10:00 a.m. - 8:00 p.m.

Read more from Straub’s website below:

Straub Medical Center celebrated the opening of its new clinic in Kaka`ako as it opened the doors to patients Monday, July 15.

Straub Medical Center – Ward Village Clinic & Urgent Care is located in the Ae`o residential tower, providing primary care, urgent care, imaging and lab services in the heart of the growing Kakaako community.

Straub’s Ward Village Clinic & Urgent Care is the second new Straub clinic to open this month as its Kapolei clinic opened July 1.

“We’re very excited to be bringing convenient, high-quality, personalized health care to the people living and working in this vibrant community of Kaka`ako,” said Art Gladstone, CEO of Straub Medical Center and Pali Momi Medical Center. “Straub is a leader in primary care services and we are growing our presence in this area to create even greater access to care as we work toward our mission of creating a healthier Hawaii.”

“At Ward Village, we are curating a holistic community that promotes a lifestyle centered around wellness and convenience,” said Simon Treacy, president of the Howard Hughes Corporation Hawaii. “Straub’s Ward Village Clinic & Urgent Care furthers our mission to develop an all-inclusive neighborhood where residents and visitors have access to everyday essentials all within walking distance. Straub is a leader in delivering high-quality health care in Hawai`i and we are proud to welcome them to our community.”

Three family medicine physicians are based at the new 4,800-square-foot medical clinic and accepting new patients, both children and adults. The medical staff also includes one urgent care physician. More than 25 support staff were hired for the new clinic, including medical assistants, patient service representatives, nurses, radiology technologists and others.

Straub’s new Ward Village clinic is located at 1001 Queen Street, Suite 102. It is on the street level of the Ae`o tower between Whole Foods and Rinka Japanese Restaurant.

The clinic is open Monday-Friday, 7:30 a.m.-5:30 p.m., and offers urgent care services daily from 10 a.m.-8 p.m. To schedule an appointment at the Ward Village clinic, call 643-4DOC (4362).

The Ward Village clinic is the second of two new Straub clinics to open this month.

Straub Medical Center – Kapolei Clinic & Urgent Care is a 16,000-square-foot medical clinic located in The Grove at Ka Makana Ali`i. The convenient location for Central and West Oahu residents offers primary care, urgent care, pediatric sports medicine, OB-GYN and other pediatric and adult specialty services. The clinic also has on-site imaging and laboratory services.

For more information about Straub’s primary care services and clinic locations, visit HawaiiPacificHealth.org/PrimaryCare.

 

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Howard Hughes breaks ground on its next project, Kōʻula

Photo: Ward Village Facebook page

Photo: Ward Village Facebook page

Photo: Ward Village Facebook page

Photo: Ward Village Facebook page

Congratulations to The Howard Hughes Corporation for breaking ground on its sixth Ward Village mixed-use tower, Kōʻula! Situated in a prime location along the 1.5-acre Victoria Ward Park, this 41-story tower will include 565 residences comprised of studio, 1-bedroom, 2-bedroom, and 3-bedroom units. Recently, Jeanne Gang, the principal architect of Studio Gang Architects - which is the team behind Kōʻula’s unique design - was named In TIME Magazine's 100 Most Influential People of 2019.

Sales began in January, and as of June 2019, the building has been 64% pre-sold. Contact us if you would like to learn more about this exciting new development!

See more photos from the groundbreaking on PBN’s website here.

Photo: The Howard Hughes Corporation

Photo: The Howard Hughes Corporation

The Howard Hughes Corp. held a ceremonial groundbreaking on the sixth mixed-use tower at its Ward Village master-planned community in Honolulu Tuesday, a 41-story tower that will be built facing Victoria Ward Park.

Simon Treacy, president of The Howard Hughes Corp.’s Hawaii region, noted that the building, which will have 565 units, builds upon a wellness theme for Ward Village that began with the opening of the 1.5-acre park late last year.

Included in that is the exterior design by Jeanne Gang of Studio Gang, which is meant to resemble sugar cane stalks as they move and twist.

“It could be one of the world’s most calming buildings,” Treacy told Pacific Business News after the ceremony. “Wellness is the thing we’re trying to curate.”

David Weinreb, CEO of The Howard Hughes Corp. (NYSE: HHC), came to Honolulu from the Dallas headquarters, along with company President Grant Herlitz and Chief Financial Officer David O’Reilly, for the ceremonial groundbreaking, which featured a traditional Hawaiian blessing by Kumu Hinaleimoana Wong-Kalu.

Hawaiian Dredging Construction Co. has been working on the pre-construction part of the project; Howard Hughes representatives said the general contractor for the building has not been finalized.

Sales of the residential units in Koula began in January. By April 30, 331 units, or 58.6% of the total units, were pre-sold, according to the developer’s first quarter earnings report.

The company said Tuesday that the building was 64% pre-sold by the end of June.

Prices began at $514,000 for units in the podium, while tower units were priced from the $600,000s to the mid $2.4 millions. Interiors were designed by Yabu Pushelberg, and some units are available furnished with a “turnkey package.”

The building will also have 36,000 square feet of retail space on the first two floors.

Many of the sales have been to local buyers, Bonnie Wedemeyer, senior vice president of sales, told PBN.

“Sales have been very strong,” Wedemeyer said. “It’s consistently been so well received.”

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Honolulu Mayor Signs New Law to Regulate Short-term Rentals

Photo:  Honolulu Civil Beat.  Honolulu Mayor Kirk Caldwell signs Bill 89 CD2 into law on Tuesday, June 25, 2019.

Photo: Honolulu Civil Beat. Honolulu Mayor Kirk Caldwell signs Bill 89 CD2 into law on Tuesday, June 25, 2019.

Bill 89 CD2 regulating short-term rentals has been signed into law by Mayor Kirk Caldwell on Tuesday, June 25, 2019. Bill 89 CD2 was adopted by City Council on Monday, June 17.

From Hawaii News Now,

“Mayor Kirk Caldwell signed a bill into law on Tuesday, June 25, 2019, that will enact some of the toughest new regulations for Oahu’s vacation rental industry in nearly 40 years.

In a press conference Tuesday afternoon, Caldwell announced that he was putting his signature to paper on Bill 89, which allows permits to be issued for up to 1,715 owner-occupied bed-and-breakfast rentals. The measure was passed unanimously by the Honolulu City Council last week.

Currently, there are 770 legal short-term rentals licensed on Oahu, but estimates put the number of illegal vacation rentals from 8,000 to 20,000.

Rentals in resort areas, including Waikiki, Ko Olina and Turtle Bay, are exempt from the new law.

“Everything else is illegal,” Caldwell said.”

The new law’s main points are as follows:

  • Allows a limited number of new Bed and Breakfast Homes (B&B) in non-resort area under a new registration process, with annual renewal required.

  • Continues to prohibit Transient Vacation Units, or “unhosted” rentals, in non-resort areas, unless the dwelling has a Nonconforming Use Certificate (NUC).

  • Regulates hosting platforms, such as Expedia or Airbnb, requiring monthly reports to be filed with the Department of Planning and Permitting, which will share the information with City Council.

  • Makes illegal any form of advertising short-term rentals which are not in compliance with zoning regulations as provided in Bill 89.

So, what does this mean from a regulation standpoint? Honolulu’s Department of Planning and Permitting (DPP) has put together a FAQ sheet for your reference. Please read the entire sheet. Some highlights:

Advertising:

  • If you own an unhosted, “whole house” or Transiet Vacation Unit and pay taxes, you can only continue to advertise online (including on platforms like Airbnb and VRBO) and in the local newspaper if your dwelling is located in a resort district or you have a Non-Conforming Use Certificate.

  • Enforcement on advertising restrictions begins August 1, 2019.

  • Owners of the property involved in illegal advertising will be notified, and if the advertisement is taken down in 7 days, no fine will be imposed for a first offense. If not taken down within this deadline, fines of between $1,000 and $10,000 can be imposed for each day the advertisement remains on display.

  • If the management company for your property places an illegal ad, they company may be cited; however, “the burden of proof is on the owner to establish that the property is not being used as a B&B home or Transiet Vacation Unit or that the advertisement was placed without the property owner’s knowledge or consent” (Bill 89 CD2).

Registration of New B&Bs:

  • This law does not apply to rentals of 30 days or more.

  • Registration for a Bed and Breakfast Home (B&B) in non-resort areas will begin no sooner than October 1, 2020. DPP will spend the next year developing specific procedures, adopting new rules, and creating software to help with enforcement and the registration process. We will keep you updated.

Other Requirements:

  • Density Limit: No more than 907 dwelling units in the Primary Urban Center (where Kakaako/Ala Moana are located) are allowed to be permitted as B&Bs.

  • Condominium Limit. Up to 50% of units in a condominium building may be allowed a B&B, subject to AOAO approval.

  • There is no provision that guarantees you will receive a registration number; they will be given on a first-come, first-served basis or by lottery.

  • You may not advertise and operate a short-term rental until you have been issued a registration number by DPP.

More Information:

  • Refer to the Department’s website: honoluludpp.org

  • Email the Department: info@honoluludpp.org

  • Call the Department:

    • Advertising Restrictions: 768-8127

    • Registration Process: 768-8127

    • General Zoning Information: 768-8252

    • Make a complaint: 768-8127

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