New condo hotel tower coming to Waikiki

A mainland developer is seeking to build a new condo hotel tower in Waikiki at the corner of Kuhio Avenue and Kalaimoku Street.  The California developer, Pacrep LLC,  is planning on a 34 story, 459-unit tower located at 2121 Kuhio Avenue.  The 3.3 acre site is the former location of Hula’s Bar & Lei Stand and Pacrep LLC purchase the parcel earlier this year for $15.5 million.  The proposal submitted for the new Waikiki condo outlines the details of the projected $375 million new Honolulu development.  They are still going through the environment assessment , but do outline that the project could offer approximately 475 construction jobs.

 

 

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