Loft-style condo units set for Waikiki

            WAIKIKI, December 3, 2003 -- With home builders rushing to cash in on Hawai'i's exceptionally strong residential real estate market, Don Huang, principal of local architectural firm Collaborative Seven LLC, plans a $15 million, six-story Waikiki condominium with prices ranging from $580,000 to around $700,000 for loft-style units.


            Huang, who formed Urban Loft Development to build the 36-unit project at 427 Launiu St., plans construction in March provided his purchase of the land, which is in escrow, is completed in February.  Named Loft @ Waikiki, the Huang project is not big compared with the nearby 100-unit Lanikea high-rise under construction or the recently completed conversion of the former Ohana Hobron Hotel into The Windsor, a 181-unit condo. But Huang hopes the Loft will stand out.


            With ceiling heights of 12 feet to 18 feet and the absence of some traditional interior walls, units were designed to resemble loft space, though the roughly 1,100-square-foot units with two bedrooms and two bathrooms do have partitions and interior finishes.


            Other condos on the market include two Kaka'ako high-rises under construction — Hokua, where unit sales average about $1 million, and Ko'olani, where units began selling last week starting at $585,000. The 700-unit twin-tower Moana Pacific and the 230-unit Emerald Tower are in the planning phase and are also in Kaka'ako.


EQUAL HOUSING NOTICE: All the housing units advertised herein are subject to the Federal Fair Housing Act which makes it illegal to advertise any preference, limitations, or discrimination because of race, color, religion, sex or handicap, familial state, or national origin, or any such preference limitations or discrimination. Walt Flood Realty will not knowingly accept any property for management which is in violation of the law. All persons are hereby informed that all dwellings advertised herein are available on an equal opportunity basis.

All information contained herein is obtained from sources deemed reliable, no representation is made as to the accuracy thereof, & it is submitted subject to errors, omissions, changes & withdrawals without notice.

Walt Flood Realty • Phone: 808-922-1659 •  Fax: 1-877-358-5637 (Toll Free)
 1750 Kalakaua Ave., Suite 103 •  Honolulu, HI 96826-3795

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