Ritz Carlton Waikiki beach residences second condo tower

Ritz Carlton Waikiki Beach residences sales are to begin soon and the developer is currently taking reservations from people interested in purchasing. This is the second Condo tower of this Luxury Honolulu Condominium project. The first Ritz Waikiki Condominium tower sold out quickly and so the developers PACREP LLC decided to move ahead with this second project. The project on Kuhio Avenue, Oahu, next door to the original Ritz Carlton condo, is expected to be 39-stories and will include up to 280 units together with space for all support services, recreation amenities, and commercial space. PACREP is expected to break ground beginning in April and construction time will be approximately 2 years. The project just cleared an Environmental Assessment.

With the first tower scheduled to be complete in early 2016, all eyes are on the new tower.  The developer, learning from the demand from the first tower is adjusting the mix of available units.  Prices will range from $528,8000 to $7 million for studios, one, two, and three bedroom units.  The new project will have an extensive resort lobby level on the 8th floor to include a large resort pool with a disappearing edge and also a separate “adults only” pool. This resort will also have a full-service spa, fitness center with sauna and steam rooms.  There will also be a Dean & Deluca and a BLT Market Restaurant.

Since 2003 there has been a sizable number of hotel rooms removed from Waikiki and converted into condominiums. This has proved a significant loss for Waikiki’s Tourism industry. Recent announcements of the redevelopment of the Princess Kaiulani Hotel and the International Marketplace are further reducing the number of available hotel rooms by nearly 800. It is generally thought that we are facing a severe shortage of hotel rooms in Waikiki in the coming years.

Currently, the developer is accepting reservations.  Meaning you can secure your place in line NOW for when sales start.  Contact me immediately for a reservation form.  Then you will be on the list to receive all of the latest information and here first on pricing and availability.

Phone: 808-394-9779

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