Dear Valued Clients and Friends:    As we wrap up another year, we, Jack and May, want to take a moment to express our heartfelt gratitude to you. Your trust and partnership in your real estate endeavors have been the cornerstone of our journey.  This year, like a home, has been a structure built on moments of challenge and joy. In the bustling real estate world, finding balance and savoring life's fullness can be like navigating a complex floor plan. But together, we've turned blueprints into realities and houses/condos into homes.    As we step into 2 ..read more

Ward Village has announced that 10 exciting businesses will be opening in Ko'ula starting in late 2023 through 2024! Planned businesses include Nori Bar sushi restaurant; Hand & Stone Massage and Facial Spa; upscale international grocery Dean & DeLuca; Happy Lemon tea and smoothie shop; Onkee yakiniku steakhouse; Black Sheep Cream Company ice cream shop; StretchLab assisted stretching studio; Body Fit Training group fitness studio; Tonkatsu Kuro Japanese restaurant; and Westman Café and Lounge, which is known for its unique brunch menu. Completed in 2022, Ko'ula includes over 58,000 sq ..read more

The Howard Hughes Corporation has submitted two development permits to the Hawaii Community Development Authority (HCDA) for proposed towers at the current Ward Centre site. A single 242-unit, mixed use tower is proposed at the Block D site (1200 Ala Moana Boulevard). The tower preliminarily includes a parking podium with a recreational amenities deck and ground floor commercial/retail space. On the ground level, the project will include open space. The second proposal includes construction of a single, 148-unit mixed use tower on the Block E site (1200 Ala Moana Boulevard). This tower will a ..read more

The Howard Hughes Company has filed development permits for its 12th residential project at Ward Village, Mahana. As the final building framing Victoria Ward Park, Mahana is located on the northeast corner of Halekauwila Street and Ward Avenue. This mixed-use project is planned to include 340 residences, approximately 17,000 square feet of ground-floor retail space, and an outdoor gathering area along the new Halekauwila Street extension, which will begin at the Ward Avenue corner of the Ke Kilohana tower and will connect across Ward Avenue through to Kamakee Street. The residential tower wil ..read more

The Howard Hughes Corporation has announced its 11th residential project, The Launiu. The project is planned to include 486 residences, over 78,000 square feet of recreational area, and over 21,000 square feet of ground-floor retail. Located at the intersection of Ward Avenue and Ala Moana Boulevard, The Launiu will define the ‘Ewa gateway to Ward Village and support the ongoing transformation of Ward Village to a vibrant mixed-use neighborhood. The tower is located on the "first row" of Ward Village's luxury residences, along with Waiea, Victoria Place, and Kalae; however, it is not oceanfro ..read more

Sources: WildKind Cafe and Juicery, Head and Stone Massage and Facial Spa, Okayama Kobo Bakery and Cafe, and La Tour Cafe. Ward Village has announced several restaurants, cafes, and a spa will be opening in 2023. The lineup includes a mix of new and established local and mainland businesses, which will add to the already diverse offerings in the neighborhood. Read the full report by Pacific Business News, below: Ward Village is adding five restaurants, two cafes and a spa later this year. The new restaurants include a Korean steakhouse, a cafe with vegetarian and vegan offerings, and a juicer ..read more

Although real estate sales on O'ahu have slowed in part due to higher interest rates, condo sales appear not to have slowed down as much as sales of single-family homes. Additionally, in the Ala Moana-Kakaʻako area, sales of existing condos jumped 9% to 600 units from 548 in the first three quarters of 2021. Read more in Hawaii Business Magazine by Janis Magin Meierdiercks, below: Oʻahu’s 21 real estate regions have different tales to tell for condominium sales, just as they do for single-family home sales. All regions except one have seen higher condo prices so far this year, but rising inte ..read more

Read the press release below: HONOLULU, Nov. 29, 2022 /PRNewswire/ -- Mana'olana Partners, the owner of Mandarin Oriental, Honolulu and The Residences at Mandarin Oriental, Honolulu, announces sitework will begin in December 2022. The sitework launches the first phase of construction for the highly anticipated 37-story tower, located in Ala Moana, which will feature 99 exclusive residences situated above the hotel. Phase 1 of the project will begin with an environmental assessment, which is slated to be completed by Q1 2023. Following the environmental assessment, Hawaiian Dredging Constructi ..read more

Jack and May Tyrrell were glad to share their expertise in a recent article in Hawaii Business Magazine, "Condo Flips: We Just Got the Keys, Let’s Sell." Read more below: The buyers who purchased condominiums in Kōʻula, the sixth tower built by The Howard Hughes Corp. in its 60-acre Ward Village in Honolulu, finally got their keys this fall, nearly four years after sales began. Dozens of those buyers immediately put their new condos back on the market. But if they were hoping to turn a profit, they may find disappointment in Hawaiʻi’s current real estate environment marked by slower sales and ..read more

The Honolulu Board of REALTORS has released its market statistics for October 2022. Read more below: According to resales figures released today by the Honolulu Board of REALTORS®, buyer activity continues to slow with closed sales of single-family homes dropping 41.7% and condos falling 28.8%. Median sales price growth has also decelerated, though prices remained up year-over-year, with single-family homes increasing 5.0% to $1,050,000 and condos rising 4.0% to $520,000. Using data collected from its computerized Multiple Listing Service (MLS) system, the Board reported the following statisti ..read more