Last month in Pacific Business News, the new prices for the Ala Moana Center luxury condominiums were released. They wrote, “Park Lane Ala Moana, the $300 million luxury condominium project being built on what was once a parking area at Ala Moana Center by a trio of Honolulu firms — Kobayashi Group, The MacNaughton Group, BlackSand Capital — and landowner General Growth Properties Inc., plans to price the units between at least $1 million and at least $20 million.” This project has been years in the making and we at Colliers are very interested in the growth of this project and area.
More info on the building: “Located at 1388 Ala Moana Blvd., the seven eight-story buildings, which will each be 100 feet tall and have 215 units that range in size from 850 square feet to 6,000 square feet, also will include two floors of residential parking, 2.5 floors of commercial parking and amenity spaces. It also will include one commercial unit and monthly maintenance fees up to a little more than $7,500, according to public records.”
Read more in this article courtesy of Pacific Business News.