RECORD SELL-OUT AND STRONG SALES MOMENTUM DRIVE CONTINUED GROWTH AT WARD VILLAGE®
Earnings report highlights continued demand for residences in Honolulu’s premier master planned community
HONOLULU (February 26, 2025) – Ward Village®, the 60-acre master planned community in the heart of Honolulu, reported strong condominium sales across its residences, including The Park Ward Village®, Kalae®, The Launiu Ward Village and Victoria Place® as part of its fourth-quarter earnings report released today. The fourth-quarter delivery and record sell-out of every condominium at Victoria Place marks the culmination of another notable year of strategic development at the award-winning community.
Ward Village’s seventh residence, Victoria Place, achieved a record sell out while generating an estimated 1,000 jobs through the course of its construction and contributing approximately 350 new homes to the community. Its integration with the makai phase of Victoria Ward Park, which opened earlier in the month, represents new connectivity with dynamic, public open space to create the core of the neighborhood.
“The vibrancy of our neighborhood is a reflection of our residents and broader community coming together,” said Doug Johnstone, Hawaiʻi President for Howard Hughes. “The delivery of our initial phase of Victoria Ward Park, the exciting lineup of new retail and dining options, and the recent arrival of residents at Victoria Place not only contribute to the neighborhood’s growth but also a positive vision for the future.”
Throughout 2024, Ward Village pre-sales remained strong across the company’s newest residences—The Park Ward Village, The Launiu and Kalae. The Launiu led pre-sales with 283 residences under contract by year’s end. The Park Ward Village and Kalae pre-sold 97% and 93%, respectively. In total, Ward Village pre-sales generated $533.4 million in future revenue and secured 316 condominium contracts.
“Our sales results continue to showcase buyers’ desire to enjoy the exceptional quality of life that Ward Village provides, with its dynamic collection of retail and restaurants, beautiful expansive parks and open public spaces, and walkability in the heart of Honolulu,” said Bonnie Wedemeyer, Executive Vice President, National Condominium Sales & Strategy at The Howard Hughes Corporation. “We’re thrilled for the interest Ward Village continues to receive, resulting in another year of record success.”
In addition to record sales, Ward Village’s recent milestones include the openings of new retail, dining and fitness studios, including StretchLab, Sweat + Soul, Body Fit Training, Hand & Stone Massage and Facial Spa, Kakaʻako Financial Center, House of Mana Up, Bikinibird, Dean & DeLuca, Yireh + MahinaMade, Tonkatsu Kuro, Onkee, Ocean Taste, Planted by La Tour Café and Mian & Bao. Ward Village also celebrated the opening of Victoria Ward Park Makai, the first phase of its 3.5-acre park which enjoys the additional distinction as Honolulu’s first SITES-certified park, and its recent LEED Gold certification for Kō‘ula residences.
For more information, please visit www.wardvillage.com.
Media kit (courtesy Ward Village)
About Ward Village®
Ward Village is a 60-acre master planned community in the heart of Honolulu, located between downtown and Waikīkī. Honoring the distinct history of its land, Ward Village is at the forefront of sustainable community development—integrating striking architecture, culture and arts, and public open space. At full buildout, the community will include thousands of homes and approximately one million square feet of unique retail in what Architectural Digest named “Best Planned Community in the United States.” As a result of strong demand for new housing in urban Honolulu, Ward Village quickly sold out its first seven mixed-use residential towers—Waiea®, Anaha®, Ae‘o, Ke Kilohana®, ʻAʻaliʻi®, Kō‘ula®, and Victoria Place®—transforming the popular shopping and dining district into a thriving mixed-use neighborhood that offers ocean views and open space, including its newest outdoor gathering place, Victoria Ward Park. New residential buildings in development or under construction include Ulana Ward Village®, The Park Ward Village®, and Kalae. Most recently approved by the Hawai‘i Community Development Authority (HCDA), The Launiu Ward Village will be the latest mixed-use development that will join the neighborhood.
Ward Village, a LEED-ND Platinum-certified master planned community part of the Howard Hughes Holdings Inc. portfolio, demonstrates its commitment to responsible, mixed-use development by investing in public benefits and amenities for Honolulu’s urban community. For more information, visit WardVillage.com.
About Howard Hughes Holdings Inc.
Howard Hughes Holdings Inc. owns, manages, and develops commercial, residential, and mixed-use real estate throughout the U.S. Its award-winning assets include the country’s preeminent portfolio of master planned communities, as well as operating properties and development opportunities including: Downtown Columbia® in Maryland; The Woodlands®, Bridgeland® and The Woodlands Hills® in the Greater Houston, Texas area; Summerlin® in Las Vegas; Ward Village® in Honolulu, Hawaiʻi; and Teravalis™ in the Greater Phoenix, Arizona area. The Howard Hughes portfolio is strategically positioned to meet and accelerate development based on market demand, resulting in one of the strongest real estate platforms in the country. Dedicated to innovative placemaking, the company is recognized for its ongoing commitment to design excellence and to the cultural life of its communities. Howard Hughes Holdings Inc. is traded on the New York Stock Exchange as HHH. For additional information visit www.howardhughes.com.
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