There are currently 273 condos for sale in Kakaako
Epic changes are taking place to one neighborhood in the urban core of Honolulu. Kakaako was once just a warehouse district fronting Kewalo Basin harbor and sandwiched between the downtown Honolulu financial district and famed Ala Moana. It is a very rare event when a major city has the chance to transform an entire neighborhood and yet, this is what is happening in Kakaako.
Projections indicate that as many as 20 new condominiums are planned for just this neighborhood over the coming years. Currently there are at least 5 under active construction now. The area is being transformed not just as an area for housing, but also a walkable neighborhood with shopping, restaurants and nightlife. This has become THE place to be in Honolulu. Its proximity to Ala Moana and Ala Moana Beach Park as well planned future development makes this an exciting neighborhood to live. The spaces and retail services are there to serve the community and bring a true sense of place which includes cultural details and parks.
Prices of condos in Kakaako can range from the $400,000 to $9,000,000+. Sizes of condos are from 1 bedrooms and some 5 bedroom condos exist in this neighborhood.
Kakaako has quite a few condominiums that have been built over the years. The first luxury condominium built in this neighborhood is 1350 Ala Moana which sits at the corner of Ala Moana Boulevard and Piikoi Street. This was the epitome of luxurious condo living when it was built in 1968 and for many years was the gold standard of what a condo should be. However, the larger scale construction of condos primarily began in the early 1990’s with such notable condos as the One Waterfront Towers on the downtown Honolulu side; Royal Capitol Plaza and Imperial Plaza on Kapiolani Boulevard; and then there is 1133 Waimanu, the Nauru Tower and Hawaiki Tower which are located on the Ala Moana Center side of Kakaako.
Since 2000 several condominiums were completed in the neighborhood. They all have a different character or feel. Some of the more popular condos are the Koolani, Pacifica Honolulu, Moana Pacific, Keola La’i, 909 Kapiolani. The newer condos have luxurious amenities. Perhaps the most luxurious of the most recently built condos is the Hokua at 1288 Ala Moana.
Kakaako real estate price changes :
recently decreased in price:
Kaka’ako real estate Statistics:
- Kakaako average sales price of sold condos in the last 180 days $1,100,993
- Average sales price of sold condos in Kakaako in the last 60 days $1,156,634
- Average sales price of sold condos in Kakaako in the last 31 days $1,159,138
- median sales price in Kakaako last 31 days of sold condos: $835,000
The Future & Kakaako new real estate projects
The remaining Kakaako land is owned primarily by two landowners. Each has a different take on what the goal will be for their future developments of their land:
Howard Hughes Corporation – they own approximately 60 acres. Their vision is a an upscale walkable district. Their goal is to create an exceptional community with an eclectic mixture of shops and restaurants. Planning also includes parks and gathering spaces. We are all anticipating that they will be delivering quality built projects with the finest materials. They however are taking it one step beyond, by attempting to create a LEED-ND. This is a LEED certified neighborhood. This is an extremely rare event in the middle of the urban core. We are excited to see the outcome!.
Currently they have 2 condominiums in which they are selling units. The Anaha and Waiea designs, use of materials and plethora of amenities are setting a new standard in Honolulu. Two more projects were recently approved and likely will be for sale before the end of the year. One is called the Gateway, and the other has yet to be named. Howard Hughes has also taken the steps to assist in transformation of adjacent Kewalo Basin and Ala Moana Beach Park.
Kamehameha Schools – Kamehameha Schools is a large private trust That was started by Bernice Pauahi Bishop a direct descendant of King Kamehameha I. The trust’s directive is for the educational opportunities for the children of Native Hawaiian ancestry. Their land holdings in Hawaii is extensive. They own about 9 city blocks on the downtown Honolulu side of Kakaako. They are in the process of creating “Our Kakaako”. They are partnering with different developers for condominiums, rental properties and commercial developments that are aligned with their vision for this area.
Their focus is on arts, culture, giving back to the community and creating an inspiring neighborhood for local residents. They are also reusing and repurposing old buildings in the neighborhood to help keep the original fabric and history of this area. Some of the more notable condominiums being built in this area are The Collection, 400 Keawe, Keauhou Place and 801 South.
Kakaako condos for sale
The following condos are for sale in Kakaako.