SIX NEW TOWERS DRIVE RECORD-BREAKING CONDOMINIUM SALES AT WARD VILLAGE®
Third quarter results highlight strong market demand as development accelerates across the 60-acre community
HONOLULU (November 10, 2025) – Howard Hughes Holdings Inc. today announced record-breaking third-quarter results highlighted by unprecedented condominium pre-sales at Ward Village®, the company’s 60-acre master planned community in the heart of Honolulu.
Fueled by the success of six new towers recently launched or under construction, Ward Village achieved $1.4 billion in total pre-sales, led by the luxury towers ‘Ilima Ward Village and Melia Ward Village, which together generated $280 million in penthouse pre-sales and are already 57% pre-sold. Across the community’s six newest towers, 2,070 residences have been sold or pre-sold, including 97% of The Park Ward Village®, 93% of Kalae, 68% of The Launiu Ward Village®—which recently broke ground—and 100% of the newly opened Ulana Ward Village®.
“The success of Ward Village underscores the enduring value of a long-range strategy that prioritizes quality, sustainability, and community connectivity in the heart of Honolulu,” said Doug Johnstone, President of Hawai‘i Region and National Condominium Development for Howard Hughes Communities. “By delivering homes across diverse market segments, activating vibrant public spaces, and cultivating a dynamic retail environment, Ward Village has created a thriving community that supports housing production, job growth, and Hawai‘i’s broader economy.”
“The vigorous demand we continue to see at Ward Village is a testament to the extraordinary quality of life that residents enjoy—and to the market’s confidence in our vision and the enduring appeal of a thoughtfully designed, world-class community,” said Bonnie Wedemeyer, Executive Vice President, National Condominium Sales & Strategy at Howard Hughes Communities.
Sales at Ward Village continue to outperform national trends, driven by expert master planning that blends award-winning architecture, vibrant arts and culture, and expansive public spaces into a highly walkable, mixed-use neighborhood. Recognized as a leader in sustainable development, Ward Village has transformed approximately eight acres into parks and open green space, creating a healthy and connected urban environment.
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About Ward Village®
Ward Village is an award-winning Howard Hughes community in the heart of Honolulu, located between downtown and Waikīkī. Named “Best Planned Community in the United States” by Architectural Digest, the 60-acre Ward Village has evolved into a thriving mixed-use neighborhood, combining expansive open green spaces with striking architecture to deliver high-quality housing, culture and arts, and popular shopping and dining options. Honoring the distinct history of its land, Ward Village is a LEED-ND Platinum-certified master planned community, committed to responsible, sustainable development and investing in public benefits and amenities for the Honolulu community. Ward Village quickly sold out its first eight mixed-use residential towers—Waiea®, Anaha®, Ae‘o, Ke Kilohana®, ʻAʻaliʻi®, Kō‘ula®, Victoria Place®, and Ulana Ward Village®. New residential buildings in development or under construction include The Park Ward Village®, Kalae, The Launiu Ward Village®, ‘Ilima Ward Village and Melia Ward Village. For more information, visit WardVillage.com
About Howard Hughes Communities™
Howard Hughes Communities, the real estate platform of Howard Hughes Holdings Inc. (NYSE: HHH), develops, owns, and operates the nation’s premier large-scale master planned communities and mixed-use developments. The company’s award-winning assets include The Woodlands®, Bridgeland® and The Woodlands Hills® in Greater Houston; Summerlin® in Las Vegas; Teravalis™ in Greater Phoenix; Ward Village® in Honolulu; and Merriweather District® in Columbia, Maryland. The Howard Hughes Communities 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. For additional information, visit communities.howardhughes.com
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Statements made in this press release that are not historical facts, including statements accompanied by words such as “will,” “believe,” “expect,” “enables,” “realize,” “plan,” “intend,” “assume,” “transform” and other words of similar expression, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s expectations, estimates, assumptions, and projections as of the date of this release and are not guarantees of future performance. Actual results may differ materially from those expressed or implied in these statements. Factors that could cause actual results to differ materially are set forth as risk factors in Howard Hughes Holdings Inc.’s filings with the Securities and Exchange Commission, including its Quarterly and Annual Reports. Howard Hughes Holdings Inc. cautions you not to place undue reliance on the forward-looking statements contained in this release. Howard Hughes Holdings Inc. does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release.
Bridget Mitchell
