Slated to become a dynamic master planned community offering a vibrant urban lifestyle in the heart of Kakaâ€™ako, Ward Village will incorporate more than 4,000 residential units and over one million square feet of retail and commercial space. Phase One - projected for completion in 2016 - includes the development of a new sales and information center in the iconic IBM building to pay tribute to the history of the land and to showcase the Ward Village experience to the community and its future residents.
“Our vision for Ward Village is to create an urban, master planned community which offers an exceptional living environment while honoring the areaâ€™s rich history and culture,” said David R. Weinreb, Chief Executive Officer for The Howard Hughes Corporation. “Beyond being one of our most significant assets, this redevelopment is already serving as a catalyst for the revitalization of Kakaâ€™ako.”
The Land Block 2 project is located along Ala Moana Boulevard at Kamakeâ€™e Street and will feature an iconic “draping glass” architectural design reflective of the areaâ€™s coastal location and rich fishing history. The building will feature approximately 171 residences including one-, two- and three-bedroom market-rate units as well as approximately 10 townhomes along Ala Moana Boulevard. With an emphasis on creating more open spaces, the project will be set back from the street, creating a new greenbelt of shade trees and plants along the corridor.
Located at the mauka-Diamond Head (northeast) corner of Auahi and Kamakeâ€™e Streets, the Land Block 3 project will consist of approximately 312 residential units comprised of one-, two- and three-bedroom residences, including 82 flats and townhomes. The mixed-use towerâ€™s wave facade is inspired by its relationship to the original shoreline. It will also include retail on Kamakeâ€™e Street and a plaza with outdoor seating at the corner of Kamakeâ€™e and Auahi Streets.
“We are ready to move forward with Phase One for Ward Village,” said Nick Vanderboom, Senior Vice President of Development for The Howard Hughes Corporation. “The redevelopment is a one-of-a-kind opportunity to invest in Hawaiâ€™iâ€™s future by creating a community that embraces complete streets, best practices in sustainability and healthy lifestyles.”
Working closely with civic and community leaders, The Howard Hughes Corporation has incorporated various design features, including towers with mauka-makai (mountain-ocean) orientations to preserve view corridors as well as creating pedestrian friendly streets and public gathering spaces. The company is also among the first developers in Hawaiâ€™i to create a set of sustainability goals for a master planned community. The aim is to achieve Leadership in Energy & Environmental Design for Neighborhood Development (LEED-ND) by obtaining certification for at least 90 percent of the new buildings; installing flexible cooling systems to reduce energy use; covering more than 50 percent of available rooftop space with landscaping or solar-reflective materials; and implementing water efficiency measures.
Phase One represents more than $1.25 billion in local economic impact and thousands of direct and indirect jobs for Oâ€™ahu according to a study by ALH Urban & Regional Economics.
Sales for Phase One of Ward Village residences will be commencing soon.