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

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Sixth Howard Hughes condo, Kō'ula, goes on sale

Starting the new year on a strong note, Howard Hughes’ next condo development, Kō'ula, is officially on sale to the public on Saturday, January 5, 2019. We are especially excited about this development, as it is designed to integrate the natural outdoor beauty of Honolulu to the indoors. It will be the first development located along the new Victoria Ward Park. The development has already won design awards, and will likely sell fast. Units range from a studio with approximately 300 square feet to three-bedroom apartments with 1,500 square feet. Prices range from the mid-$500,000s to $2 million.

Contact me directly to learn more and with assistance in choosing the best unit for you!

Read more from The Honolulu Star-Advertiser, below:

Units in another new Kakaako condominium built by the Howard Hughes Corp. are going on sale.

The Kō'ula condo tower will have 565 units and sit adjacent to the new Victoria Ward Park, where a pop-up LED flower garden now resides, on Auahi Street. The 41-story building was designed by architect Jeanne Gang and her Studio Gang.

Units range from a studio with approximately 300 square feet to three-bedroom apartments with 1,500 square feet. Prices range from the mid-$500,000s to $2 million.

It is the sixth building to be developed in Ward Village. Kō'ula will be built just Ewa of Howard Hughes’ Ae‘o condominium, which opened to residents last month and has a Whole Foods Market on the bottom floors.

Under a master plan for Ward Village, Hughes Corp. envisions building 16 towers and 1 million square feet of retail on its 60-acre property.

“The quality is really high, and the design, I think, integrates really well with Hawaii,” said Bonnie Wedemeyer, vice president of sales for the Howard Hughes. “We’re bringing the best designers together.”

Interior designs, created by Yabu Pushelberg, are more neutral colors to give the homes a more “organic, earthy feeling,” Wedemeyer said.

“We wanted to make sure the project brought the outdoors in,” said Wedemeyer.

The design of Kō'ula , which means red sugar cane, allows each unit to curve toward the ocean.

“Studio Gang actually tilted the homes towards the ocean, so they will be bent towards the ocean,” Wedemeyer said. “And when they do that it creates this really nice view and a more natural light.”

The condos can be purchased fully furnished. Amenities include a swimming pool, children’s playroom, spa, fitness club, event spacing and cabanas.

A sales office will open Saturday, but Wedemeyer said early sales have been “robust.”

Kō'ula, a name given by Sig Zane Designs, will be the first building to sit on the 1.5-acre Victoria Ward Park.

Groundbreaking for the new building is slated to take place sometime later this year.

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Luxury condo sales in Honolulu outpace houses in November

Photo: Jack Tyrrell and Company

Photo: Jack Tyrrell and Company

Sales of luxury condominiums outpaced sales of luxury single-family homes in November 2018. .“For condominiums, the $1.5 to $2 million price range had the strongest performance, up 50 percent, six compared to four last year,” Patti Nakagawa, Global Luxury director for Coldwell Banker Pacific Properties, said in a statement.

These numbers show that demand and interest for luxury condominiums continue to remain high. We continue to stay ahead of and on-trend in this market, and would love to talk real estate with you about what to look forward to in 2019!

Read more from Pacific Business News, below:

Sales of luxury homes on Oahu were relatively flat overall in November, compared to last year, but sales of high-end condominiums outpaced sales of single-family homes for $1.5 million or more, according to a report by Coldwell Banker Pacific Properties.

Overall, there were 39 residential properties sold for $1.5 million or more, compared to 38 sold in November 2017, an increase of 3 percent. The median price of those single-family homes and condos was $1.98 million, an increase of 9 percent from $1.8 million last year.

Of those, 11 sales were for luxury condos, with the highest sale being for $11.07 million on Nov. 29 for a three-bedroom, 3.5-bath unit at Park Lane Ala Moana. That’s compared to nine luxury condos sold during the same month last year, an increase of 22 percent.

There were 28 single-family homes sold for $1.5 million or more in November, compared to 29 sold in November 2017, a decline of 3 percent. The highest prices last month were $9.88 million for a seven-bedroom, five-bath house in Lanikai that sold before it was listed and $7.2 million for a five-bedroom, 5.5-bath home on Kahala Avenue.

“Single-family home sales in the lower price range of $1.5 to $2 million were down by 24 percent, 16 compared to 21 last November, mainly attributable to a lack of desirable inventory in that price range,” Patti Nakagawa, Global Luxury director for Coldwell Banker Pacific Properties, said in a statement. “For condominiums, the $1.5 to $2 million price range had the strongest performance, up 50 percent, six compared to four last year.”

The report noted that escrow activity for luxury properties at the end of November was 10 percent lower than the same time a year ago.

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Ward Village Light Garden

Photo: Jack Tyrrell and Company

Photo: Jack Tyrrell and Company

The long-awaited Victoria Ward Park is now open, and its opening is starting off with a bright bang! Through January 31st, 2019, visit the Light Garden by Symmetry Labs - an art installation of a field of luminous flowers that change color as it reacts to music. The Light Garden invites exploration and engagement while sparking a sense of whimsy and wonder. The garden is family-friendly, free, and open to the public.

“Inspired by the Hawaiian flora, Light Garden, a 1,000-Year Bloom features over 25,000 LED lights in more than 2,300 floral 3D sculptures spanning 9,500 square feet, and is Symmetry Labs’ largest-scale work to date,” organizers said.

The garden will be open from 6 p.m. to 9 p.m. daily. We were honored to be there for opening weekend. The garden will re-open to the public on December 21 and remain open through January 31, 2019. Music concerts, pop-up markets, and events are planned during its limited time run, so make sure to follow us on social media to stay updated!

Victoria Ward Park

Built on the site of the former Ward Warehouses, we are especially excited for the completion of the Victoria Ward Park and believe it will be a huge asset to the Ward Village community. With the addition of this public open space, which is sure to be the heart of the neighborhood, Ward Village moves closer to completing its vision of a truly “live, work, play” lifestyle for people of all ages.

Watch below as Kumu Hina blesses the park:

Photo: Newly completed Ae`o in view from Victoria Ward Park.

“Today, former warehouses and concrete give way to an acre and a half of lush grass with native plants and a grove of coconut trees reminiscent of the original Ward Estate,” said Todd Apo, Senior Vice President of Community Development at The Howard Hughes Corporation. “Victoria Ward Park represents the dedication to preserve original elements of Ward’s legacy, a guiding vision to create a modern day haven in urban Honolulu.”

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Kakaako condo Ae‘o ready for owners

Photo: Jack Tyrrell and Company, Inc.

Photo: Jack Tyrrell and Company, Inc.

Ae‘o is officially welcoming its first owners! Congratulations to the owners who were able to move in this past Thursday, December 6, 2018. Owners will be moving into their units throughout the month.

Ae‘o is the first Ward Village condo development to completely sell out. However, I do have one unit for sale and a few units for rent. If you are interested, contact me now, as interest for the brand-new building is high!

Read more from the Honolulu Star Advertiser below:

Chris Laniauskas is an occasional Whole Foods Market shopper, but that likely will change soon when he takes up residence in a tower connected to the natural food retailer’s flagship Hawaii store in Kakaako.

The local insurance company executive was part of an initial group of about 150 new condominium owners in the Ae‘o high-rise at Ward Village who picked up their keys Thursday and will move into the 38-story tower over the next few weeks.

By late January all 466 owners in the sold-out building are scheduled to take possession of their new homes, which cost $1 million on average.

Ae‘o’s developer, Howard Hughes Corp., held a blessing ceremony Thursday morning before the first condo owners started arriving.

“This is the culmination of what we’ve all been able to provide: new homes and a new lifestyle for many here at Ward Village,” Todd Apo, senior vice president of community development in Hawaii for Texas-based Hughes Corp., said at the blessing attended by about 100 people who were involved in the tower’s development and management.

Ae‘o is the third tower to open in as many years at Ward Village, a 60-acre property master-planned for 16 towers with about 4,500 homes and 1 million square feet of retail space. The first two towers were Waiea, which opened in 2016, and Anaha, which opened last year.

New owners who arrived Thursday received a gift bag that included a homeowner’s manual, an umbrella and stemless clear silicone wine glasses. Among the group were a father and son who came from the airport with four suitcases after a flight from Japan to kick off a stay in their new vacation home.

Dickson Wong was another buyer who picked up keys Thursday. He and his wife made Kakaako their home seven years ago when they bought a new unit in the Pacifica Honolulu tower fronting Kapiolani Boulevard. Then, two years ago, they moved to The Collection when that tower was completed at the bottom of South Street.

“We like condo living,” Wong said. “It’s kind of like living in a hotel.”

Laniauskas said the growing Ward Village community was what attracted him and his wife, who is eight months pregnant, to move from a condo tower in the Ala Moana area.

“We’re buying into Ward Village as much as we’re buying into the building,” he said. “Being walkable is what’s attractive (about the community).”

Laniauskas added that Whole Foods being part of the tower was a definite draw. “It’s great to have something like that below,” he said.

Whole Foods opened in May. The store isn’t directly below the condos, but is part of the building, which includes separate parking structures for retail customers and residents. Ae‘o residents can get to the store by walking through a portal on the second level of their parking garage that leads to the retailer’s garage and a store entrance.

Annalee English, the store’s manager, said business is expected to increase with all the residents moving in. “We’re excited to be their pantry downstairs,” she said. “It’s a huge convenience factor, for sure.”

Like Laniauskas, Wong expects he and his wife will be more frequent shoppers at Whole Foods.

“I think now that we live here, we’ll visit more often,” Wong said.

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Oceanfront East Honolulu estate sells for $16M: Slideshow

We are proud to have partnered with Tracy Allen of Coldwell Banker Pacific Properties as the co-listing agent of this stunning property, Hale Hoolai. The oceanfront East Honolulu property sold for $15.845 million. Mahalo to Pacific Business News for covering the sale. Read more below:

The sale of an oceanfront estate in East Honolulu near the base of Hawaii Loa Ridge closed on Wednesday for $15.845 million to an unnamed buyer, the highest price ever for the Aina Haina Beach-Niu Beach area.

The 11,940-square-foot home at 5403 Kalanianaole Highway, named Hale Hoolai, has seven bedrooms — including three master suites, three bedrooms and a caretaker suite with a private kitchen and private entrance — 8.5 bathrooms and a three-car garage. It also has a pool and a tennis court.

The estate, which was listed for $17.95 million, had been featured on the NBC "Open House” program.

The seller was 5403 Kalanianaole Hwy LLC, whose owner is Morris Stoebner, owner of Honda Windward in Kaneohe.

Tracy Allen, independent agent with Coldwell Banker Pacific Properties, represented the seller. Jack Tyrrell & Co. was the co-listor, and Loren Graham of Graham Properties Inc. represented the unnamed buyer.

The most recent large sale along that stretch of Kalanianaole Highway was the sale of a home and two parcels just Koko Head of the estate for $13.5 million in September 2014.

Allen also represented Stoebner in the highest sale to date in the Honolulu Multiple Listing Service, two homes at 145 Kailuana Loop that sold for $24 million in July 2006. That property, named Kai Moena, is currently listed with Brandon Kim of List Sotheby’s International Realty.

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Neighborhood News: ‘World-class’ playground approved for Ala Moana park

Rendering: Design Partners, Inc.

Thanks to the community, something great is coming to Ala Moana Beach park! A volunteer group has preliminarily received approval for a 1-acre world-class public playground at the iconic park. The park would be privately funded, and construction is anticipated to begin in 2019, pending permits.

As more people choose to make the Ala Moana and Kakaako neighborhoods their home, we are excited about the inclusion of a place for our keiki to enjoy. We also believe this will only increase the attractiveness of the neighborhoods for families.

Read more from the Honolulu Star-Advertiser, below:

A volunteer group has obtained city approval to build a 1-acre public playground at Ala Moana Regional Park that includes miniature zip lines, slides, swings and a splash pad.

Representatives of a group led by mothers said they intend to seek a building permit by the end of the year and begin construction next year.

“It’s a bit ambitious but we are going to proceed,” Alana Kobayashi Pakkala told the Ala Moana- Kakaako Neighborhood Board at a meeting Wednesday.

Pakkala, an executive vice president of local development firm Koba­ya­shi Group, which co-developed the ultraluxury Park Lane condominium at Ala Moana Center mauka of the park, said the volunteer group is already seeking donations to pay for play equipment and construction that was estimated to cost $2.5 million prior to some design changes.

Mayor Kirk Caldwell said he’s confident the volunteer group will succeed in providing the city a playground for free public use.

“We’re really excited,” he said. “I think it’s going to be one of the more unique playgrounds in the state of Hawaii.”

Producing what organizers call a “world-class” playground would realize a vision that began more than two years ago in response to the city’s improvement master plan for Ala Moana Regional Park that mainly focused on fixing or enhancing existing elements of the 119-acre tract that includes Magic Island.

The volunteer group offered to produce a playground there for the city through private donations, and 18 months ago Caldwell said preliminary discussions were underway.

Since then the playground site was shifted and the design overhauled after input from kids.

Initially, the city anticipated having a playground in a relatively inactive section mauka of a concession and bathroom building near the Diamond Head end of the park. Now the site is another fairly inactive area near the park’s Ewa end, mauka of an L&L Hawaiian Barbecue concession and bathrooms.

The playground’s design also was revamped after the volunteer group held planning and design sessions with stakeholders and consulted with children from select Oahu schools. This input led to changes that included adding more zip lines, having slides that start atop small hills and using natural colors instead of primary colors.

Tiffany Vara, another group leader, said kids wanted more open-ended play and also asked for some old-school amenities. “They really wanted swings and monkey bars,” she said.

Equipment selected for the project includes a globe-shaped structure that can be gently spun with kids on the inside and outside, swings for multiple riders and something that resembles two giant rocking chairs joined facing each other with a table in the middle.

Six zip lines are also part of the plan. These work by riders sitting on a disc suspended from an overhead track and pushing off a platform to travel from one end of the track to the other while a couple of feet off the ground.

Other elements include picnic tables, a splash pad and a retail concession to provide snacks and convenience items for parents and kids. Proceeds from the concession would help the city pay for playground maintenance, though the volunteer group also could raise money for this expense under its nonprofit, Pa‘ani Kakou.

The playground would be big enough for more than 500 children and include features that can be enjoyed by kids with disabilities. It would be fenced to keep kids safe and to secure the facility at night.

The city’s master plan for the park generally calls for improving existing features, such as replenishing beach sand, widening a pedestrian promenade, covering a drainage canal, reconfiguring parking and other renovation work at an estimated cost of $144 million.

Nicknamed “The People’s Park,” Ala Moana Regional Park was built in 1934 and is used by 4 million people a year, more than any other general recreation park in the state, according to the city.

City officials said in a June draft environmental impact report for the master plan that overall community feedback for a playground was positive in scoping meetings.

However, some residents who submitted comments on the plan discounted the need for a playground.

“Kids should just run around, play games, throw balls, etc.,” Diane Fujimura said in a written comment. “Keep in mind that this park is a true people’s park. It needs to remain that way, simple, clean, safe and naturally beautiful.”

William Kaeo, an elementary school counselor, suggested the city focus more on basic beach park amenities. “A playground in the park is NOT NEEDED,” he wrote. “Please make more showers and cleaner bathrooms.”

Endorsing a playground was Brian Walter, who wrote that given the park’s size, such an addition would be welcome. “It seems like there is so much wasted space,” he said. “I would personally support a playground or two for the kids to have fun.”

At Wednesday’s neighborhood board meeting, Audrey Lee with the group Malama Moana liked the detailed playground plan. “This is a fabulous thing,” she said. “I’m really impressed.”

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CONGRATULATIONS TO HOWARD HUGHES CORP.'S KOULA

Koula Building 1.jpg

Koula, The Howard Hughes Corp.’s sixth Honolulu mixed-use tower designed by architect Jeanne Gang of Studio Gang, is expected to launch sales by the end of this year.

The name, Koula, chosen by Hilo designer Sig Zane, and shape of the 41-story tower, planned for a site between the Ward Entertainment Center and the newly named 1.5-acre Victoria Ward Park, refers to the red sugar cane once grown in the Kakaako area where the 60-acre master-planned Ward Village is located.

Gang told Architectural Digest that the tower’s design is meant to be “this kind of changing vertical koula” noting that the cane stalks move and twist “so the vertical columns respond in that way.”

Koula will have 565 studio, one-, two- and three-bedroom units ranging in size from 300 to 1,500 square feet, as well as 58,300 square feet of restaurant and retail space along with 11,000 square feet of ground-level open space.

The residential lobby will be located one level up from the ground floor, to make way for more commercial space, as well as a public porte cochere for drop-offs.

Amenities will include a lap pool, spa, fitness center, outdoor dining pavilions, sunset bar, children’s play area and dog park.

The interiors, being designed by Yabu Pushelberg, will have natural materials, colors and textures

The developer is planning to start construction next year.

Meanwhile, Howard Hughes is finishing up work at Aeo, the Whole Foods Market-anchored tower that will have 466 units when it opens next month, and expects to complete Ke Kiohana, which will have 375 units and a Long’s Drugs store, next year. The developer recently broke ground on Aalii, the 751-unit tower that will be located behind Koula.

Article courtesy of Pacific Business News


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Relocation of Kakaako farmers market to bring new life to demolished Ward Warehouse space

Photo: Kakaako Farmer’s Market Facebook page

Photo: Kakaako Farmer’s Market Facebook page

Kakaako Farmer’s Market has found a new home! As of November 17, the market will be moved from its current location adjacent to Ross’ to a more spacious venue - the former Ward Warehouse space, on Ala Moana Boulevard and Ward. Visit the market at its new location every Saturday, 8 a.m. to 12 p.m. and support local!

Read more on Pacific Business News, here:

The Kakaako Farmers Market has found a new, and hopefully long-term, home in part of the recently demolished Ward Warehouse space.

Ward Warehouse was previously supposed to be the new home to Howard Hughes’ mixed-use Gateway Towers, but that plan was put on hold. The space is now expected to be a central plaza called Victoria Ward Park.

This will be the fourth location for the Kakaako iteration of FarmLovers Market, which has three other markets on Oahu in Waimea Valley, Pearlridge and Kailua. FarmLovers first opened in Haleiwa in 2009 and is owned by Pamela Boyar, who bought out her business partner, Annie Suite, earlier this year when she moved to the Mainland.

The first Kakaako location was at Ala Moana Center before it moved to Ward Village. It currently operates next to Ross at the Ward Gateway Center.

“We did really well at Ward Warehouse and it was a challenge when we moved to our current space because of the lack of parking,” Boyar said. “We are now going to be right on Ala Moana and Ward, which is a great space because it is very visible, and is located right next to a parking lot with 360 spaces that empties right into the market.”

Boyar signed a one-year lease with the Texas-based landlord, and hopes to extend the lease for at least another four years. It is unclear how the development of the 1.5-acre parcel will affect the longevity of the market.

The market, located at 1050 Ala Moana, will open Saturday Nov. 17 from 8 a.m. to 12 p.m. Next year, Boyar hopes to also open on Wednesday evenings, with plans for ways to engage the local community, like live music and beer tastings in addition to the 50 local vendors.

“The idea is to make this the community food hub in Kakaako for residents, visitors and farmers. We want to open it up for this new movement of sustainable farmers that is happening right now,” Boyar said, adding that she is very particular as to which vendors she lets in. “They must be true local growers, and if they are making food or value-added products it must be healthy without artificial colors or flavors.”  

The vendors are comprised of about 40 percent farmers, 30 percent made-to-order meals, 20 percent value-added products and 10 percent artisan island retailers, selling things like jewelry and cutting boards. A new vendor is Hooah Farms, which will sell fish and vegetables as well as prepared meals at the market.  

Boyar estimates it costs about $10,000 to relocate to the new space, including labor costs, advertising, modifying the facilities, and purchasing new products like large banners she plans to display on Ala Moana Boulevard. She has launched an online Go Fund Me campaign for the first time, and has raised about $1,600 of her $4,800 goal.

“There was a recent survey done in California that said for every dollar spent in a farmers market, $3 is spent in outlying areas,” Boyar said. “When people shop at farmers markets, everything is put right back into the local community. It’s great for economic development.” 

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Ward Village tower developer can post first ‘sold out’ sign

Photo: Howard Hughes Corporation

Photo: Howard Hughes Corporation

Ae‘o is officially Howard Hughes Corporation’s first sold-out tower! The developer confirmed that as of late September, contracts for all 464 units had been signed. Waiea and Anaha are also very close to being sold-out, with 167 of 174 units of Waiea sold and 314 of 317 units of Anaha as of September 30. These impressive statistics show that the demand for a diversity of units in Ward Village is consistently strong. Ward Village offers a unique mix of urban living on an island due to its close proximity to the ocean and shops and dining. It seems that this type of mixed-use development is what Honolulu’s residents are craving, and the sales at Ward Village prove this.

For more information on Ae`o units for sale, visit my website.

Read more from the Honolulu Star-Advertiser, below:

The developer of Ward Village in Kakaako took the tiniest of steps recently to reach a major milestone: declaring its first “sold out” condominium tower.

Texas-based Howard Hughes Corp. noted the last sales contract being signed for its nearly finished Ae‘o high-rise in a quarterly financial report Tuesday.

Hughes Corp. said it had signed contracts for all 465 units in the tower as of Sept. 30. The project contains a recently opened Whole Foods and is on schedule to finish residential area construction by the end of the year so buyers can complete their purchases and move in.

Up through June 30, there had been 464 Ae‘o sales. The one additional sale during the July-September period made Ae‘o the first tower at Ward Village to sell out.

However, three other towers — Anaha, Waiea and Ke Kilohana — are very close.

At Anaha, 314 of 317 units had been sold as of Sept. 30, Hughes Corp. reported. And at Waiea, 167 of 174 units had been sold as of the same date, the company said.

Waiea was finished about two years ago and Anaha opened a year ago.

At Ke Kilohana, which is under construction and projected to open next year, Hughes Corp. reported having signed sales contracts for 395 of 423 units through Sept. 30. The company also said it made 18 more sales in October to make the tower 98 percent sold.

Hughes Corp. started construction on a fifth tower, ‘A‘ali‘i, last month after offering units for sale in January. In Tuesday’s report, the company said it had sold 77 percent of the ‘A‘ali‘i units, or 579 of 771, through the end of October. That was up from 67 percent, or 500 units, through July.

The company described continued Ward Village condo sales as a “robust” response from buyers wanting to live in the growing neighborhood of residential towers, retail stores and restaurants mauka of Kewalo Harbor.

“In Honolulu, the extraordinary pace of sales in Ward Village continued in the third quarter,” Hughes Corp. CEO David Weinreb said in a statement.

The developer plans to follow ‘A‘ali‘i with a sixth tower called Ko‘ula, for which it received state approval in August. Sales have yet to start.

Since the company began Waiea, it said it has sold 1,905 residential units in five towers with units available for sale, or 89 percent of all units.

Most Ward Village condos are million-dollar residences, though Hughes Corp. is required by a state agency regulating development in Kakaako to make 20 percent of residential units affordable and available to residents earning moderate incomes.

At the high end, the average original price at Waiea was $3.6 million. At the low end, the average price at Ke Kilohana was $510,776.

Hughes Corp. has a state-approved master plan to develop up to around 4,500 residential units planned in 16 towers, along with 1 million square feet of retail businesses.

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Neighborhood News: Howard Hughes Corp. plans community outreach on Ward Village walkway

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Ward Village’s developer is seeking public input on the design of elevated walkways that would connect a central plaza, named Victoria Ward Park, in the neighborhood to a planned rail station, Ala Moana Beach Park and future condominium towers. Howard Hughes Corporation expects to start community outreach next month.

Read more from Pacific Business News, below:

The Howard Hughes Corp. is naming its central plaza at Ward Village after Victoria Ward and plans to start community outreach next month on a plan to build an elevated walkway that would stretch from the development to the ocean.

Howard Hughes (NYSE: HHC) is naming the park Victoria Ward Park to acknowledge the history and culture of the 60-acre master-planned community, which was once part of an estate belonging to Victoria and Curtis Ward, Simon Treacy, president of The Howard Hughes Corp.’s Hawaii operations, told Pacific Business News.

Treacy first revealed his plan for the elevated walkway in an interview with PBN in May, during which he said plans for the previously announced Gateway Towers, planned for the site of the former Ward Warehouse, would be placed on hold.

Treacy envisions the walkway to emulate the High Line in New York, a half-mile-long elevated park that would meander from a future transit station along Halekauwila Street, through Ward Village and over Ala Moana Boulevard, ending at Kewalo Basin, which the developer manages.

Treacy said Howard Hughes was still “listening and learning and understanding everyone’s perspective” on the proposed plans.

“The feedback we’re getting from the public and private sector is very strong,” he said.

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