Hale Alii, the Hawaii Kai luxury condo, is reassessing its plans

UPDATE: March 31, 2019

Project renamed Hale Ka Lae condo and units are selling!

 

The Hale Alii project in Hawaii Kai was supposed to begin construction of the mostly luxury condominium last month, but construction has been delayed and there is word that they may be reassessing their plans.  Sales of the $1.3 to $3.7 million units started off fairly well last year despite the difficult real estate market.  It is said that there have been disagreements with the neighboring property owners and the developer has had the extra challenge of fulfilling its obligation to have affordable units as a part of the complex.

To add to the shakeup, the upper level management of Hale Alii Development has reorganized itself.  Mike Greco is now the new CEO of Hale Alii Development as of March 1st.

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