Posted Feb 21, 2015, 6:41 AM
|
|
NYC/NJ/Miami-Dade
|
|
Join Date: Jul 2013
Location: Riverview Estates Fairway (PA)
Posts: 45,840
|
|
Waikiki Ritz-Carlton tower on track for 2016 completion
Quote:
The Ritz-Carlton Residences, Waikiki Beach, which are being developed by an affiliate of California-based Irongate, are on schedule for an early 2016 completion for its first tower, the head of the firm's Hawaii operations told PBN this week.
Pacrep LLC — which was formed by Irongate, the developer of the Trump International Hotel & Tower at Waikiki Beach Walk and the Watermark Waikiki — is developing the condo-hotel Ritz-Carlton Residences at 2121 Kuhio Ave., and expects to break ground on the second tower in the next few weeks.
The first tower, which is under construction and currently built up to the 24 of 38 floors, has 309 units that are sold out, Lance Wilhelm, managing principal for Irongate, told PBN.
It also will include Hawaii's first Dean & DeLuca, Sushi Sho, BLT Market, BLT Bar & Grill and a yet-to-be-announced locally-owned, produce and grocery market.
Wilhelm joined the company last month after 25 years at Kiewit Hawaii, most recently as its senior vice president of Hawaii operations in charge of overseeing the firm's $556 million contract to build the first leg of the Honolulu rail transit project.
Wilhelm, who is also chairman of the board of trustees for his alma mater, Kamehameha Schools, said that the second 39-story, 280-unit Ritz-Carlton tower will take about 24 months to build, with an anticipated finish in 2017.
|
==============================
http://www.bizjournals.com/pacific/n...-for-2016.html
|