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Residential Sales to Launch at Honolulu’s Mandarin Oriental MXU
Mana’olana Partners, the ownership entity of Mandarin Oriental Hotel and Residences, Honolulu established by Los Angeles-based Salem Partners, plans to launch its residential sales phase next month. A limited release of 49 residences will be available as part of a Friends and Family program. Pricing is estimated to start at $3.5 million.
Mana’olana Partners’ James Ratkovich says, “Mandarin Oriental, Honolulu will breathe new life into the heart of the Ala Moana District, as the first project approved under the Ala Moana Transit-Oriented Development Plan, aimed at improving connectivity, bringing a new vibrancy and adding to the neighborhood’s burgeoning energy.”
The 37-story tower will rise 418-feet and overlook the cityscape and Ala Moana coastline. The uppermost floors contain 99 residences. The iconic 743,000-square-foot tower will also house 125 guestrooms for a hotel brand that’s one step closer to returning back to Honolulu.
The project is slated to break ground in fall 2019, with an anticipated completion date of early 2022.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Development
- ◦Sale/Acquisition
