Kamehameha Schools to sell Ala Moana Blvd properties
September 18, 2013
GEORGE F. LEE/GLEE@STARADVERTISER.COM The land where a Jaguar auto dealership now sits on Ala Moana Boulevard has been sold to a developer, who plans to build luxury condos.
STAR-ADVERTISER Kamehameha Schools is selling two parcels of land on Ala Moana Boulevard. The land will be developed into luxury condos.
Kamehameha Schools said it is selling two Kakaako blocks fronting Ala Moana Boulevard to MK Development, a joint venture of Kobayashi Group and The MacNaughton Group, to develop two luxury condominium towers with a combined 500 units.
A spokesman for Kamehameha Schools said the trust is selling "Block H" and "Block I" on Ala Moana Boulevard just Diamond Head of Cooke Street.