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Work on third Ward Village high-rise set to begin

Andrew Gomes
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CRAIG T. KOJIMA / CKOJIMA@STARADVERTISER.COM

Holger Gruenert, left, and wife Stephanie, third from left, have two units in the new tower. May Lew and John Tyrrell are also owners of units in the new tower. They were invited to the groundbreaking.

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CRAIG T. KOJIMA / CKOJIMA@STARADVERTISER.COM

Above, the site of the Ae‘o broke ground yesterday. It has become the third condominium tower to start construction at Ward Village, joining Waiea and Anaha (in background) towers, which broke ground in 2014. Sites for all three projects are shown at right.

Ward Village now has three condominium towers under construction on adjacent blocks following a ceremonial groundbreaking for the newest high-rise, named Ae‘o, on Thursday.

Howard Hughes Corp., developer of the community undergoing a shift from largely retail and warehouse use to residential and retail use, held the event on the parking lot of the former Office Depot and Nordstrom Rack stores. Ae‘o will include a 38-story glass-sided tower with 466 homes above a Whole Foods store. It’s expected to open in 2018.

“It’s been a long wait. … It’s a great day at Ward Village as we continue to create a community that will enhance the lives of not only the people that are going to live here, but also the people that are going to shop here, dine here and come here for their entertainment.”

David Striph
Head of Texas-based Hughes Corp

“We’re excited to get underway,” Nick Vanderboom, senior vice president of development for Hughes Corp., told an audience at the ceremony that included Ae‘o unit buyers, real estate agents and members of the development team.

Technically, there won’t be much construction taking place on the site until next month because Office Depot is still clearing out the store it closed last month. But the groundbreaking represents a $390 million step toward fulfilling the developer’s master plan to erect up to 22 residential towers on 60 acres formerly known as Ward Centers.

No one lives at Ward Village yet, but Robert Tangonan, a retired state probation officer, said he’s looking forward to being among the initial wave of new residents.

Tangonan, 71, said his home in the Royal Summit neighborhood of Aiea is “too far from the action.”

Paul Herran already lives in a Kakaako high-rise with his wife, Mai, and their nearly 2-year-old daughter. The family rents a unit in the nearby Nauru Tower but saw Ae‘o as an opportunity to buy their first home.

Herran said a city rail station that is planned to be near Ae‘o will make the airport a 7-minute trip away, while going to the grocery store will take a few seconds in an elevator.

“I really appreciate convenience, and having Whole Foods just a couple floors below is a huge plus,” he said.

David Striph, head of Texas-based Hughes Corp. in Hawaii, said it was great to be able to begin the store’s construction — 10 years after plans for a flagship urban Honolulu Whole Foods store were announced for the Ward neighborhood, and before Hughes Corp. acquired Ward Centers. The earlier plan was abandoned after the property’s former owner, General Growth Properties Inc., ran into financial and construction difficulties.

“It’s fantastic to have Whole Foods finally get started,” Striph said. “It’s been a long wait. … It’s a great day at Ward Village as we continue to create a community that will enhance the lives of not only the people that are going to live here, but also the people that are going to shop here, dine here and come here for their entertainment.”

Hughes Corp. began sales for Ae‘o in July. Prices range from $405,016 for a studio with 409 square feet of living space to $2 million for a three-bedroom unit with 1,331 square feet of living space. The average is about $1 million and 836 square feet.

The company said in November that it had sold 167 units, or about 36 percent of the inventory. Hughes Corp. is expected to release an updated sales count next month as part of a quarterly financial report but declined to provide an update Thursday.

The two towers already under construction at Ward Village are Waiea, an ultraluxury condo that broke ground in mid-2014 and is up to about the 35th story, and Anaha, which broke ground in late 2014 is is up to about the 18th story.

Hughes Corp. has two other towers approved for development that are likely at least a year away from breaking ground.

One, called Gateway, is another ultraluxury condo, where sales began in July. This tower is slated to replace part of Ward Warehouse, though construction is not planned this year. Hughes Corp. has not disclosed sales for the 125-unit project.

The other approved tower is Ke Kilohana at 988 Halekauwila St., a 424-unit condo where sales for the moderately priced units are expected to begin later this year.

44 responses to “Work on third Ward Village high-rise set to begin”

  1. FARKWARD says:

    Have you ever noticed how Texans all have that “Aw-Shucks” smile? Hopefully, they’ll all be bringing their horses and Honolulu City Limits becomes equestrian only…

    • mikethenovice says:

      Are these horses allowed to park in the disabled parking stall? Where would we hang up the blue placard?

    • allie says:

      It sounds like an overpriced nightmare. And how can the probation officer afford living there. This is not a community-maker. It si a community breaker. And they are all shopping at the overpriced whole foods.

      • boolakanaka says:

        Allie, have you considered that maybe you are just underachiving, and that not everyone would like to have such a stalled and middling professional life??

        • allie says:

          I finish graduate school in August and am not in any way underachieving. Your position seems absurd. May you have Barry Sanders in your living room for life!

        • boolakanaka says:

          You are at best piddling along with your pedestrian comments and pillock like intellect.

        • mikethenovice says:

          My puppies say to be nice to allie.

        • thevisitor967 says:

          I’m with Allie. Sounds like another Ala Moana. I doubt many locals will go there. Honolulu IS a playground for the rich and famous. Is this what Abercrombie had in mind? No wonder he lost the election.

  2. Mike174 says:

    Put a couple of lei’s and a few Hawaiian shirts on them and there just regular friendly folk. Not.

    • lee1957 says:

      If you read the caption you might discover they are locals and not Texans.

      • mikethenovice says:

        They are very astute house flippers in that photo. They know that the demand for real estate in Hawaii will never fade away.

      • FARKWARD says:

        “lee 1957” WHAT “CAPTION” are you reading? Perhaps you are confused by the two women who appear to be Asian. Are you aware that Asians also live in Texas? Moreover, just because the men are wearing Aloha shirts doesn’t make them local. I suspect YOU are a Propagandist’s DREAM COME TRUE.

  3. tutulois says:

    My nickname for all these glass towers is “hurricane bait.”

  4. iwanaknow says:

    Waiting for the economy to turn down and all these towers put on hold?

  5. mikethenovice says:

    Rain or shine. Robust economy or not, its full steam ahead with the Ward center development. Obviously, this project was planned during the ascending stage of the American economy a few years ago.

  6. choyd says:

    Urgh, parking in Ward is going to go from bad to worse after all these condos are built and public parking is replaced with condos.

  7. ready2go says:

    IS THIS CONDO ON LEASED LAND OR FEE SIMPLE? WHAT IS THE AVERAGE MONTHLY MAINTENANCE FEES RANGE?

  8. buddy says:

    So confusing. It’s a ground breaking but they are not breaking ground yet. Lots of people in orchid leis sitting in a parking lot. The purpose of all this is………… what?

  9. nuuanusam says:

    Glass jungle in the making.

  10. blackmurano says:

    Slowly but surely, the island of Oahu will not look like a Hawaiian island anymore because the Democrat control government (city and State) of this State is allowing another high rise to take hold of precious land here.
    The wealthy mainland developers come here to build their high rise, for who? For those that can afford. Those are wealthy mainland clients.
    I am so pissed off at the Democratic party, sometimes I wish the Hawaii Monarchy would rule this island…yes a King and Queen. So they can kick out these greedy Democs from the islands.

  11. butinski says:

    I, for one, am glad to see the Ward area undergoing change. It’s now a junky run down area with all the warehouses in back of the theater but this development should help improve the area. Hey folks, don’t knock those who have the resources to want to live in the Ae’o. Some folks like the apacious feeling living in the suburbs, others desire the convenience to the city, though sacrificing living space. One size, fortunately, doesn’t fit all.

  12. Racoon says:

    The new condo on the Diamond Head side of Ward Entertainment Center was selling for 6M. The condo on the ocean side was even more. How much are these? Did you ever notice a large number are reserved and unavailable for purchase. Friends of Hughes. Did you know half of the Nordstrom condos were reserved for Japanaese buyers only? I would NOT buy a condo. Too crowded, and I hate high maintenance fees. Units are so small I think of hobbit apartments. I like to walk a few steps to my backdoor in my own house. My maintenance fee is only my yardman. I make my own rules in my own house. I don’t think you can plug in an electric car (220V) in any condo. Can’t even plug in a battery trickler (110V). These luxury real estate is for the super rich. Have you been watching the market indexes. Marketwatch sez the Dow has crossed a threshold from which we go even further downhill.

  13. iwanaknow says:

    As long as these rich people support the Local Arts………who cares?

  14. CPete says:

    Buyers beware. A number of buyers in these developments who are moving from their single family fee simple homes will come to realize that paying the monthly maintenance fees is a costly item which they can ill afford. The initial attraction to the novelty of living in nice new condos with convenience to shopping and recreational facilities will quickly fade. Those monthly fees are certain to increase as time goes by. Having a little plot of land that one owns becomes and increasingly valuable commodity as a person recedes into retirement.

    • Racoon says:

      Exactly as I was saying. I used to live in a condo. There will be lots of fools you don’t like and lots of fools who don’t like you. Makes you lose your faith in Mankind.

  15. Allaha says:

    To build highrises without doubling, quadrupling or more the width of the roads is a rotten game. Stuck in traffic is the mean consequence.

  16. justmyview371 says:

    The new Concrete Jungle. Oahu is already tilting from the overweight.

    • Racoon says:

      Funny to see those new condos under construction on Piikoi near Alamoana Blvd. They have views of the condo across the street. No ocean view. The ones being built ON Alamoana Blvd are just high enough to see the ocean over the trees, but the traffic noise is unacceptable. Do you want a nicer place to live or rent? Try driving up Keahole Street in Hawaii Kai past the USPS building. Super nice homes and condo-like houses with well-manicured yards. So green and peaceful. Glad I moved into this area back in 1990. Then Costco and City Mill moved into our open arms increasing our property values. Dunno if this new affordable apartments is going to be a good thing. Might need to build a police substation in their parking lot. Affordabe might be just another nice word for low income housing.

  17. sailfish1 says:

    The people in the picture are speculators – notice it says that one couple “have two units in the new tower” and it says the second couple “are also owners of units in the new tower” with the plural “s”. Nothing wrong with that but don’t be misled into thinking locals are buying to live in these condos.

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