September 25, 2019
Mana’olana Partners, the ownership entity of Mandarin Oriental Hotel and Residences, Honolulu established by Los Angeles-based Salem Partners, plans to launch its residential sales phase next month. A limited release of 49 residences will be available as part of a Friends and Family program. Pricing is estimated to start at $3.5 million.
Mana’olana Partners’ James Ratkovich says, “Mandarin Oriental, Honolulu will breathe new life into the heart of the Ala Moana District, as the first project approved under the Ala Moana Transit-Oriented Development Plan, aimed at improving connectivity, bringing a new vibrancy and adding to the neighborhood’s burgeoning energy.”
The 37-story tower will rise 418-feet and overlook the cityscape and Ala Moana coastline. The uppermost floors contain 99 residences. The iconic 743,000-square-foot tower will also house 125 guestrooms for a hotel brand that’s one step closer to returning back to Honolulu.
The project is slated to break ground in fall 2019, with an anticipated completion date of early 2022.
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