Azure Ala Moana Marks Major Construction Milestone
Condominium tower set to welcome hundreds of residents in 2021
HONOLULU – Azure Ala Moana, LLC, a subsidiary of ProsPac Holdings Group, celebrated a construction milestone with the topping off of Azure Ala Moana, a 41-story mixed-use development located on the corner of Keeaumoku and Makaloa Streets. The project’s construction team, Albert C. Kobayashi Inc. (ACK), poured the final concrete slab last month and completed work on the roof today. Azure Ala Moana includes 330 condominium residences, 78 affordable rental apartments, over 20,000 square feet of commercial space and an outdoor public plaza.
“We’re one step closer to completing the construction of Azure Ala Moana and delivering critically needed homes to this community,” said Rick Stack, executive vice president, ProsPac Holdings Group. “We look forward to welcoming residents home and helping create a vibrant neighborhood in the heart of Honolulu.”
Azure Ala Moana broke ground in April 2019 and is slated for completion in fall 2021. To date, the vast majority of Azure Ala Moana’s buyers are local residents. Sales have remained strong despite the pandemic, with nearly 85% of the residences sold.
“We’re grateful for the support from our buyers, the community and our project team – Design Partners Incorporated, HBA, PBR Hawai‘i, Albert C. Kobayashi, Inc. and Heyer and Associates – who made reaching this milestone possible,” added Stack.
Designed by award-winning Honolulu-based architect Design Partners Incorporated and premier interior designer HBA, Azure Ala Moana includes spacious one-, two- and three-bedroom homes complemented by exceptional amenities: a resort-style pool and cabanas, barbecue areas, fitness center, club room and guest suites. Leading landscape architecture firm PBR Hawaii & Associates rounds out the project team that is creating an urban oasis for residents in Honolulu.
The first transit-oriented development (TOD) project approved under the City’s new ordinance, Azure Ala Moana is among the projects leading the neighborhood’s transformation that revolves around walkable and bikeable streets, convenience and cultivating a vibrant community.
Heyer and Associates, LLC is the exclusive broker for Azure Ala Moana. The sales gallery, currently open by appointment, is located at 1440 Kapiolani Boulevard, 14th floor. For more information, please visit AzureAlaMoana.com.
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ABOUT PROSPAC HOLDINGS GROUP
ProsPac Holdings Group, LLC, established in 2016, is a Honolulu-based real estate investment firm dedicated to thoughtful property development in the state of Hawai‘i. The company is currently developing Azure Ala Moana, a mixed-use project that includes 330 condominiums, 78 rental apartments and commercial space in the heart of Midtown Ala Moana. The management team has decades of combined international experience from real estate investments and developments in Canada, Singapore, the United States and China.
Megan Tsuchida