Sky Ala Moana

1388 Kapiolani Blvd., Honolulu, HI 96814

Key Details Hotel / Condo

Pre-development

390 Residential Units / 300 Hotel Units

Sky Ala Moana Condo / Hotel Development

Note: This information is subject to change. Condo Kakaako is not the developer of Sky Ala Moana. Isaiah is a buyer's agent who helps clients navigate through the sales process of new-construction developments.

Important Dates:

Owner-Occupant Sales until 5/1/19, unrestricted sales to resume after

unrestricted sales to resume after Sales Gallery Open 4/1/19

Public Lottery Saturday 4/13/19 for registered owner occupant buyers

for registered owner occupant buyers Unit selection for registered owner occupant 4/14/19

Sky Ala Moana is a planned multi-tower mixed-use project which will include hotel rooms, affordable housing rentals, for-sale condominium units and ground floor commercial spaces. The proposed lot contains 70,000 sf of prime land which lays atop Kapiolani Boulevard directly across from Ala Moana Shopping Center and the incoming new Ala Moana rail station. Sky will be incorporated into the Ala Moana TOD (Transit Oriented Development) Plan.

The project will be developed by Avalon Development Co., a locally based developer whose last notable project was 7000 Hawaii Kai, an affordable and luxury mixed-use rental project located in East Oahu.

Avalon joins the new group of developers (Hawaii Ocean Plaza, Manaolana Place) who look at Ala Moana as the new hotel destination to fulfill the shortage of hotel rooms in Waikiki.

Project Specs

Project Site: Area: 70,000 SF

Building: Area 665,270 SF

Zoning: BMX-3

Rental Term: 30-day minimum rentals for Sky Residences

Location

Sky Ala Moana will be located at 1388 Kapiolani Blvd directly across from the Ala Moana Shopping Center and the brand new residential tower, The Central Ala Moana. This location is situated nicely in the up and coming "Midtown Ala Moana" neighborhood directly adjacent to Ward Village in Kakaako. The convenient access to the mall, Ala Moana Park/Magic Island and Waikiki provides a great location for locals and travelers alike.

Residences

Sky Terrace

Initial renderings look fantastic. The residences feature a modern, contemporary design with light colored finishes and large floor-to-ceiling glass windows to maximize views and give an open feel. All "Residences" will include a lanai.

The residential tower will feature 1 and 2 bedroom types only. This goes along with the current trend of Developers limiting large unit types which do not rent out as easily.

For owner occupant units, the new building will hold a public lottery. The lottery will determine the order in which owner-occupant purchases may select their desired units. Unit selection will commence a day after the public lottery and buyers will be scheduled in the order which they were selected in the lottery.

Pricing for Sky Ala Moana Residential Condos

Sky Ala Moana Residences

1 Bedroom with Lanai (176 units): Starting at $568,800

2 Bedroom with Lanai (214 units): Starting at $785,300

Total units 390 - *Residences come with a storage unit

Sky Ala Moana Hotel

Studios - 225 Units

1 Bedroom - 50 Units

2 Bedroom - 25 Units

Total units - 300

Parking

Vehicles - 933

Bicycles - 428

Sky Shops

16,000 Total SF

Affordable Housing at Sky Ala Moana

The "Sky Flats" will feature 84 for sale condominiums through the HHFDC "Affordable Housing" Program. These units are offered at a lower price than the market-rate units but only made available to those who meet the AMI requirements.

Sky Flats Inventory

Studios - 60

1 Bedroom - 6

2 Bedroom - 18

Total Units - 84

For this project, we anticipate the AMI requirements to be within the 100%-140% range. For reference please check the below chart. If you are within 100-140% according to your household size then you may qualify!

Please use the below form to register for updates as we receive them. The key to purchasing new-construction projects is to register early and be ready to act when sales launch. Things move very quickly during a sales campaign and can often be limited to a small window of opportunity.

We've helped hundreds of clients get involved early on in the sales process of new-construction projects and we'd love to help you too!

Note: This information is subject to change. Condo Kakaako is not the developer of Sky Ala Moana. Isaiah is a buyer's agent who helps clients navigate through the sales process of new-construction developments.

For immediate questions please call Isaiah at (808) 721-3747 or email info@condokakaako.com.