The Howard Hughes Corporation has released brand-new renderings of its next residential mixed-use tower, The Park Ward Village. Renderings showcase the open, modern layout of The Park's residences that highlight spectacular ocean and mountain views. Its online tool also allow users to view both the light and dark design schemes. Contact us to learn more about how to secure your residence or next investment.
Read more from Pacific Business News, below:
The Howard Hughes Corp. (NYSE: HHC) has released new renderings for The Park Ward Village, its planned eighth mixed-use development in the area.
The Park Ward Village will be adjacent to Victoria Ward Park, encompassing the former Sports Authority space, the Ohana Hale Marketplace space, and the two-story building at the corner of Ward Avenue and Auahi Street.
The planned development will have 546 market-rate units with about 37,236 square feet of commercial space, Pacific Business News previously reported. A HHC spokeswoman told Pacific Business News on Monday the tower will be 41 stories tall.
The design team, including companies Yabu Pushelberg, Solomon Cordwell Buenz and VITA, was inspired by Hawaii's mid-century architecture. Open and green space has been emphasized for the project.
“We are excited to progress this significant, next phase of the neighborhood that ties together many elements of the master plan," said Doug Johnstone, Hawaii president at The Howard Hughes Corporation, in a statement. "The convenience, open green spaces and sense of community Ward Village offers continues to resonate and inspire."
The company was not yet ready to release its unit sales figures and a project timeline, but HHC described sales for The Park Ward Village's studio, one-, two-, and three-bedroom homes as "strong" in a release.
“The robust, early sales we are seeing are a testament to the location, quality and desirability of the neighborhood,” said Bonnie Wedemeyer, executive vice president of sales and strategy at HHC, in a statement.
PBN previously reported that the Howard Hughes Corp. has three mixed-use projects in development this year — Aalii, slated for completion this year, with general contractor Albert C. Kobayashi Inc.; Koula with Hawaiian Dredging Construction Co.; and Victoria Place. The Texas developer won approval from the Hawaii Community Development Authority for its next two towers — The Park Ward Village, which Pacific Resource Partnership estimated will cost $620 million, and Ulana Ward Village, which has a price tag of $409 million.