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.
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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.