Source: The Business Journals

TMG: Hawaii developers cancel plans to build 2 luxury condo towers

The Kobayashi Group and The MacNaughton Group have canceled plans to built the Vida at 888 Ala Moana luxury high-rise condominium project and another nearby luxury residential tower that would have added another 500 residential units to Honolulu's growing Kakaako neighborhood, citing slow sales in recent months, executives from two of the Hawaii developers confirmed to PBN Friday. "Primarily, it was the fact that we got off to a good start with our pre-sales, but over the past three to four months,...

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Est. Annual Revenue
$5.0-25M
Est. Employees
25-100
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