Ward Village® Prepares to Welcome Homeowners
to its Second Residential Tower in the Summer of 2017
The Howard Hughes Corporation® (NYSE: HHC) announced today the
topping out of Anaha®, the second residential condominium tower to
be completed within Ward Village®, its 60-acre urban master planned
community in the heart of Honolulu. With Anaha’s opening in the
summer of 2017, Ward Village will continue its transformation into
a vibrant walkable neighborhood that offers a range of exceptional
residences with incredible island and ocean views and a diverse
collection of dynamic retail experiences. Due to these unique
features, Ward Village has contracted to sell over 1,100 homes to
date, and Anaha is currently more than 90% pre-sold. A
collaboration by award-winning architect and design firm Solomon
Cordwell Buenz, Honolulu-based Benjamin Woo Architects and global
design leader Woods Bagot Interiors, the building was designed to
capture the reflected light of the Pacific Ocean and celebrate the
beauty of the shoreline.
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Anaha Tower rendering at Ward Village in
Honolulu under development by The Howard Hughes Corporation (Photo:
Business Wire)
“The topping out of Anaha is another significant milestone as we
continue to create a neighborhood at Ward Village that enriches the
lives of all those who experience it,” said David R. Weinreb, Chief
Executive Officer of The Howard Hughes Corporation. “With our
carefully curated mix of top residential architectural design,
retail experiences, public spaces and cultural programming, Ward
Village is on its way to becoming one of the great urban master
planned communities in the world.”
Three residential buildings are currently under construction and
five are available for sale at Ward Village offering a broad range
of options and lifestyles in the walkable community. Contracted
sales at the community have reached approximately 90% for the 493
homes in its first two luxury condominium towers, Waiea and Anaha.
Construction began on Ward Village’s third tower, Ae‘o, in February
2016. At completion, Ward Village will deliver more than 4,000 new
residences in a market where supply continues to fall short of
demand for new housing.
Anaha will offer 244 studios and one-, two- and three-bedroom
tower residences as well as 73 low-rise flats and townhomes.
Wraparound views span from the beachfront to Diamond Head and from
Kewalo Harbor to the sunset in the west. The ground floor of Anaha
will also welcome Hawaiʻi culinary pioneer Peter Merriman as
he opens his first Oahu location of the highly-regarded Merriman’s
restaurant in the summer of 2017. Along with the relocation of
Oahu’s only Nobu location to Ward Village and the highly
anticipated opening of the flagship Whole Foods Market in the base
of Ae‘o, the community will become Honolulu’s premier outdoor
shopping destination and a gathering place for residents and
visitors.
As the largest LEED-ND Platinum certified development in the
country and the only one in Hawaiʻi, Ward Village is at the
forefront of sustainable community development and will contain
public amenities at a scale that no other development in Hawaiʻi
offers. These public amenities include a planned four-acre park in
the heart of the community, new tree-lined sidewalks and bike lanes
and access to the adjacent Kewalo Harbor, which is now operated by
The Howard Hughes Corporation under a 35-year ground lease with the
State of Hawaiʻi, with plans underway to upgrade the harbor’s
existing infrastructure for recreational and commercial vessels
alike. Kaka‘ako was recently named by Trulia as the top
neighborhood with the best amenities in cities of under one million
people.
About Ward Village®
Developed by The Howard Hughes Corporation, Ward Village is a
new 60-acre coastal master-planned community in the heart of
Honolulu between downtown and Waikīkī in the Kakaʻako district.
Ward Village includes three mixed-use residential towers – Waiea,
Anaha and Aeʻo – that are now under construction and will transform
the popular shopping and dining district into a vibrant
neighborhood offering exceptional residences with incredible island
and ocean views and a carefully curated mix of retail experiences
set among dynamic public open spaces and walkable streets.
Waiea, which will open in late 2016, will include 175 residences
and be home to internationally acclaimed restaurant Nobu Honolulu.
Anaha, opening in 2017, will include 317 residences and the first
Merrimanʻs restaurant on Oahu. Aeʻo will complete construction in
2018; it will include 466 residences and Oahu’s flagship Whole
Foods Market.
This growing community includes two additional developments:
Gateway Towers and Ke Kilohana at 988 Halekauwila St. The first
building of Gateway Towers on Ala Moana Boulevard will bring the
architecture of world-renowned architect Richard Meier to the
Honolulu skyline. Ke Kilohana launched its sales in April 2016 and
will bring housing targeted exclusively for local residents and a
23,000-square-foot Longs Drugs to the neighborhood.
The vision for Ward Village is consistent with the master plan
approved by the Hawaiʻi Community Development Authority in 2009,
which allows for up to 9.3 million square feet of mixed-use
development, converting into more than 4,000 residences and over
one million square feet of retail space.
Ward Village is Hawaiʻi’s only LEED-ND Platinum-Certified
project and the largest neighborhood development in the country to
receive such a prestigious certification. The Information Center
and Residential Sales Gallery is located at the iconic IBM Building
located at 1240 Ala Moana Blvd. For more information, visit
www.wardvillage.com or call 808.369.9600
About The Howard Hughes Corporation®
The Howard Hughes Corporation owns, manages and develops
commercial, residential and mixed-use real estate throughout the
U.S. Our properties include master planned communities, operating
properties, development opportunities and other unique assets
spanning 16 states from New York to Hawai‘i. The Howard Hughes
Corporation is traded on the New York Stock Exchange as HHC with
major offices in New York, Columbia, MD, Dallas, Houston, Las Vegas
and Honolulu. For additional information about HHC, visit
www.howardhughes.com or find us on Facebook, Twitter, Instagram and
LinkedIn.
Safe Harbor Statement
Statements made in this news release that are not historical
facts, including statements accompanied by words such as “will,”
“believe,” “expect,” “enables,” “realize”, “plan,” “intend,”
“assume,” “transform,” and other words of similar expression, are
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. These statements are
based on management’s expectations, estimates, assumptions, and
projections as of the date of this release and are not guarantees
of future performance. Actual results may differ materially from
those expressed or implied in these statements. Factors that could
cause actual results to differ materially are set forth as risk
factors in The Howard Hughes Corporation’s filings with the
Securities and Exchange Commission, including its Quarterly and
Annual Reports. The Howard Hughes Corporation cautions you not to
place undue reliance on the forward-looking statements contained in
this release. The Howard Hughes Corporation does not undertake any
obligation to publicly update or revise any forward-looking
statements to reflect future events, information or circumstances
that arise after the date of this release.
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version on businesswire.com: http://www.businesswire.com/news/home/20160829005301/en/
Murphy O’BrienPublic Relations:Emily Warner,
310-586-7188ewarner@murphyobrien.comorLaura Stace,
310-586-7188lstace@murphyobrien.comorWard VillageTodd Apo,
808-426-7735todd.apo@howardhughes.comorThe Howard Hughes
CorporationCaryn Kboudi,
214-741-7744caryn.kboudi@howardhughes.com
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