02/19/2026 Ward Centre demolition is expected around July, with Melia and Ilima groundbreaking anticipated to follow.
02/19/2026 Howard Hughes contracted 287 condo units in 2025 (~$1.6B in future revenue) across its Ward Village projects, including 220 units at Melia and Ilima (combined 60% pre-sold), 63 units at The Launiu (71% pre-sold), while towers under construction are nearly sold with The Park Ward Village 97% pre-sold and Kalae 93% pre-sold, and all 690 units at Ulana completed and sold. (Source: Business Insider).
Note: It appears a high share of units sold so far at Melia and Ilima are larger residences, suggesting the share of total square footage and revenue sold is likely meaningfully higher than the 60% unit pre-sale figure.
02/18/2026 Victoria Ward Park in Kakaako reopened with a new rule banning dogs from the lawn, sparking protests from some Ward Village residents who say the pet-friendly community was marketed differently, while developers argue the policy protects cleanliness and safety and will remain in place despite mixed resident reactions. (Source: KHON2)
02/18/2026 AIA Hawaii supports House Bill 1725, an omnibus measure to simplify Hawaii’s building code system - especially by locking permits to the code in effect at filing and boosting funding for code administration. (Source: PBN)
We exclude Leasehold data from this market analysis because Leasehold properties do not compare with regular Fee Simple properties.
We use median instead of the average because it depicts more accurately a central tendency to the sample size. Example: Take 5 numbers - 3, 5, 7, 9, 21. The median is 7 (the middle number) and the average is 9 (sum of all divided by 5).
We count days on market from listing date through closing date.
