Explore the Latest Luxury Condo Developments in Kakaʻako and Ala Moana for 2025

Honolulu’s skyline continues to evolve with exciting new condo projects slated for 2025 and beyond. Both Kakaʻako and Ala Moana are in the midst of a construction boom, adding state-of-the-art luxury towers to meet demand. Whether you’re an investor keeping tabs on the market or a homebuyer searching for the newest units, here’s a comprehensive update on new luxury condo developments as of 2025 in these two premier neighborhoods.

Kakaʻako: Upcoming and In-Progress Developments (2025)

Kakaʻako remains the epicenter of Honolulu’s condo development surge. The area’s master-planned communities – Ward Village (by Howard Hughes) and Our Kakaʻako (by Kamehameha Schools) – are driving much of the growth. As of 2025, here are the key developments:

• Victoria Place – Status: Completed 2024. This ultra-luxury Ward Village tower recently welcomed its first residents. Victoria Place sold out quickly thanks to its park-front location and refined design (it’s adjacent to Victoria Ward Park). It sets a high bar with elegant finishes and an emphasis on owner amenities (no commercial units, purely residential luxury).
• The Park Ward Village – Status: Under Construction, expected completion by 2025–2026. A highly anticipated luxury tower in Ward Village, The Park Ward Village (sometimes called “The Park on Ward”) will rise near Ward Avenue and Auahi Street, right by the park. It’s planned to feature a grand pedestrian promenade and lush landscaping connecting to the park. As a luxury building, buyers can expect spacious units and top-tier amenities; maintenance fees are projected around ~$1.09/sqft. Sales have been strong, reflecting confidence in Ward Village’s continued appeal.
• Ulana Ward Village – Status: Under Construction, completion ~2025. Ulana is a unique one: a reserved housing (affordable) project in Ward Village. While not “luxury” (it’s aimed at local workforce buyers with income limits), it’s worth noting in the development landscape. Ulana’s 700 units are sold out to qualified buyers, and it will add a new park for the community. Its maintenance fee is about $0.90/sqft, slightly lower than luxury towers due to fewer amenities. Ulana’s delivery in late 2025 will fulfill an affordability component in Kakaʻako.
• Kalae – Status: Under Construction, expected completion ~2026. Kalae is an ultra-luxury tower on Ward Village’s front row. It launched sales in 2022 with a decidedly high-end positioning (think spa-like bathrooms, Wolf/SubZero appliances, etc.). Notably, Kalae’s HOA is estimated at $1.27/sqft – quite high, but it includes extras like gas utility and other services. By 2025, construction is well underway. Buyers who secured units in Kalae are eagerly awaiting its 2026 completion.
• Launiu Ward Village – Status: Sales Ongoing (launched 2024), completion ~2028. Launiu is another ultra-luxury project announced for Ward Village. Sales began around early 2024. It’s slated further out, but it continues the momentum: Launiu will likely feature large units and premium amenities, contributing to Ward Village’s reputation for luxury.
• Ālia (Our Kakaʻako) – Status: Under Construction, completion expected ~2026. Ālia is a 400-foot luxury condo by Kobayashi Group, being built in the “Our Kakaʻako” area (near Ala Moana Blvd and Cooke Street). With 330+ market-rate units, Ālia is bringing luxury to the west side of Kakaʻako. It emphasizes sustainable design and will have generous amenity spaces. Sales launched in 2022 and construction began 2023. By 2025, the tower is rising steadily. This project broadens Kakaʻako’s luxury map beyond Ward Village.
• Kahuina – Status: Upcoming (Sales late 2024 into 2025). Kahuina is a mixed-use condo project by Stanford Carr in Our Kakaʻako. Initially slated for 2023, it saw delays, but now is expected to launch by summer 2025. Kahuina will incorporate a significant reserved (affordable) housing component alongside market units. It’s not positioned as luxury (more mid-tier), but its scale (400 units) will impact Kakaʻako’s inventory. It fills a niche for those who missed earlier workforce offerings.
• Future Proposals: Beyond these, Kamehameha Schools has additional blocks in Our Kakaʻako (Increment II of their master plan runs into 2026 and beyond). We could see another tower announcement soon, given that Alia and Kahuina are underway. Meanwhile, Ward Village’s future phases hint at projects like Mahana, Ilima, Melia (names seen in plans) – Ilima in particular is rumored to be an ultra-ultra-luxury offering with larger units (and correspondingly high maintenance fees, potentially >$1.5/sqft if early buzz is accurate). These are on the horizon, but not yet selling as of 2025.

In summary, Kakaʻako in 2025 is a flurry of cranes and construction activity, predominantly concentrated in Ward Village (which by now has completed 7 towers and has a few more in pipeline) and the up-and-coming projects in Our Kakaʻako. For buyers, there’s an opportunity to get in early on some developments (like Launiu or future launches) or purchase newly-completed inventory (e.g. a resale in Victoria Place or a contract in The Park Ward). Kakaʻako’s development boom shows no signs of slowing – the neighborhood is on track to remain Honolulu’s luxury condo hub for the next several years.

Ala Moana: Upcoming and In-Progress Developments (2025)

The Ala Moana area – especially the “Midtown Ala Moana” zone around Kapiʻolani Boulevard – is also experiencing a development renaissance, albeit on a slightly different timeline. Here are the key projects and updates for 2025 in Ala Moana:

• Sky Ala Moana – Status: Completed late 2023. Sky Ala Moana actually just finished, marking a significant addition to the neighborhood. It’s a mixed-use project with two towers: Sky West (390 residential condos) and Sky East (a condo-hotel). With 474 new homes delivered, Sky Ala Moana brought modern, moderately-priced (relative to ultra-luxury) units to the market, many of which sold out early. By 2025, new owners are settling in, and a few resales are appearing as investors flip units. The project added amenities like a large pool deck and even some affordable housing units (via HCDA’s requirements). Sky’s completion signaled that the “Midtown Ala Moana” transformation is fully underway.
• The Park on Keeaumoku – Status: Nearly Completed (2025). The Park on Keeaumoku is a massive development comprising two 44-story towers on Keeaumoku Street (just behind Walmart, mauka of Ala Moana Center). It features 972 units (studio to 3BR), with 85% market and 15% affordable units. As of early 2025, construction is in late stages, with completion expected by end of 2025. This project stands out for its scale – essentially creating its own mini community with an expansive amenity deck (pool, hot tubs, multiple party rooms, co-working space, even a half-acre private park). While positioned as a more “mainstream” product (pricing was lower than Ward Village’s luxury towers), many higher-floor units do offer luxury touches and nice views (ocean views from the Rycroft Tower). For Ala Moana, The Park brings a large influx of new condos that will significantly increase inventory in 2025. It’s attractive to local professionals and first-time luxury buyers. As a new build, it also has relatively modern features and a great amenity-to-maintenance fee ratio.
• Mandarin Oriental Honolulu (The Residences at Mandarin Oriental) – Status: Under Construction, on track for completion in 2025. This is arguably the crown jewel of new development in Ala Moana. Located on Kapiʻolani Blvd across from the Hawaiʻi Convention Center (at the gateway between Ala Moana and Waikiki), it’s a 37-story tower that will house a Mandarin Oriental Hotel on lower floors and 99 ultra-luxury residences above. The Residences at Mandarin Oriental promise an unparalleled level of luxury: large floor plans (most 1,500–3,700 sq ft, with penthouses up to 6,000 sq ft), and access to hotel services like a spa, Michelin-caliber dining, 24/7 concierge, valet, and more. Prices started in the millions for even a 1BR. By 2025, construction of the tower is well advanced, and it’s slated to open in late 2025. The development team reports strong interest from both local and international buyers, given the Mandarin Oriental brand’s global prestige. Upon completion, this will set a new standard for luxury in Honolulu, effectively bringing a 5-star hotel branded residence concept to Ala Moana.
• Azure Ala Moana – Status: Completed 2021 (included here as a recent development). Azure was one of the early new entrants in the current wave, a 41-story condo at Keeaumoku and Makaloa. Now a couple of years old, it’s fully occupied but worth noting for context: Azure offers modern luxury at a slightly more accessible price point than Ward Village, which helped pave the way for more projects.
• The Central Ala Moana – Status: Completed 2021. Another already completed tower (by SamKoo, same developer as The Park on Keeaumoku), The Central delivered hundreds of units (with many reserved housing) and proved demand was high for Midtown Ala Moana condos. It sold out fast in 2018 pre-sales due to relatively affordable pricing for locals. Its success encouraged larger projects like The Park.
• Mahana Ward Village / Midtown projects – While Ward Village is technically Kakaʻako, there is overlap as new towers border Ala Moana. One planned project to watch near Ala Moana Center is Kaʻiulani Project (working title), a proposed tower above the Ala Moana transit station – however, that’s still in concept phases. Muse Honolulu is a boutique luxury condo that has been mentioned for Ala Moana (on Atkinson Drive), designed by a renowned architect, but details are scant as of 2025. If it proceeds, Muse would add an exclusive, low-unit-count luxury option in the area. There’s also talk of redevelopment of some low-rise commercial buildings into residential (e.g., an Amana St loft conversion bringing ~64 units called Amana Lofts). These smaller projects indicate Ala Moana’s growth isn’t just big towers – there’s diversification in development types.
• Transit-Oriented Development (TOD): Ala Moana is the planned terminus of Honolulu’s rail system (when the rail is completed to Ala Moana Center in coming years). The city’s TOD plan encourages more housing around the station. This means we might see even more proposals for condos or mixed-use high-rises in the Ala Moana neighborhood in the late 2020s, including possibly some high-density affordable projects. For now, the luxury market focus is on the ones above.

In summary, Ala Moana’s 2025 condo scene is marked by a mix of newly delivered units (Sky, etc.) and ultra-luxury under construction (Mandarin Oriental). By the end of 2025, Ala Moana will have hundreds of brand-new condo owners moving into The Park on Keeaumoku and the ultra-rich furnishing their Mandarin Oriental residences. The neighborhood is clearly solidifying its status as Honolulu’s “second urban core” after Kakaʻako, with the convenience of the mall and beach making it exceptionally desirable. For buyers, Ala Moana offers a chance to get in early on some projects or consider high-end resale in these shiny new towers.

What This Means for Buyers

For anyone looking to purchase a condo in Honolulu, the developments in Kakaʻako and Ala Moana mean more options and variety. Pre-construction sales allow buyers to lock in a unit at today’s price (often with a 20-30% deposit) and enjoy a brand-new home in a couple of years. However, competition can be fierce for the most coveted projects (e.g., Victoria Place and Park Ward Village saw lottery registrations and quick sell outs). If you have your eye on an upcoming project like those branded residences or Ward Village’s next luxury offering, it’s wise to connect with an agent early to get on registration lists and learn about VIP previews.

Investors may find opportunity in the wave of new inventory – for instance, some initial buyers of new condos decide to flip upon completion, meaning more listings on the resale market (we saw this with newly completed towers where investors sold for a premium shortly after closing). This can slightly soften price growth in the short term as supply increases, but the overall demand for Honolulu condos remains strong, especially from off-island buyers who value new construction quality.

Both neighborhoods’ new developments are also bringing improved infrastructure and amenities to the area (new parks, wider sidewalks, public art, retail spaces). It’s not just about the buildings – it’s about the lifestyle being created around them. Kakaʻako’s completion of the Victoria Ward Park (phase 1) in 2023 and ongoing streetscape improvements are making it greener and more walkable. Ala Moana’s future rail station is prompting a more pedestrian-friendly vision around Ala Moana Center. These enhancements will benefit all residents and likely boost property values long-term, as the areas become even more attractive places to live.

Conclusion & Next Steps

The 2025 outlook for Kakaʻako and Ala Moana luxury condos is dynamic and optimistic. From shimmering new towers about to open their doors to ambitious projects on the horizon, there’s a lot for buyers to be excited about. Staying updated can be overwhelming, but that’s where we come in. Our team closely tracks every new development – we have the inside scoop on floor plans, pricing releases, and construction progress. If you’re interested in a new condo (whether as a future home or investment), reach out to us for the latest information and guidance. We can help you identify the project that best fits your needs and navigate the purchasing process (often different for new developments).

Secure your spot in Honolulu’s next luxury address – contact us today to schedule a consultation or register your interest in upcoming projects. With our expertise, you’ll be first to know and first in line for Honolulu’s most coveted new condos.

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Lucy Heath

Lucy Heath is a Real Estate Advisor at Compass and the founder of Luxury Condos Hawaiʻi, recognized for her expertise in refined condominium living in Kakaʻako and Ala Moana.

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