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.