WARD VILLAGE® CELEBRATES OPENING OF ULANA WARD VILLAGE® DELIVERING 697 RESERVED HOUSING HOMES TO HONOLULU

Largest reserved housing development on O‘ahu provides pathway to homeownership for kama‘āina families in award-winning community

HONOLULU (November 3, 2025)—Ward Village® today celebrated the opening of Ulana Ward Village®, welcoming residents to the eighth tower in the award-winning 60-acre master planned community in the heart of Honolulu. The milestone marks the largest single delivery of reserved housing on O‘ahu under the Hawai‘i Community Development Authority (HCDA) program, bringing 697 new homes for kama‘āina households earning between 100% and 140% of the area median income (AMI).

“The opening of Ulana Ward Village marks a transformative moment for Honolulu, especially for first-time homebuyers who now have the opportunity to own a home that reflects the quality, design, amenities, and lifestyle for which Ward Village is known,” said Doug Johnstone, President of the Hawaiʻi Region & National Condominium Development for Howard Hughes Communities. “Ulana strengthens our commitment to creating a truly inclusive community that continues to redefine urban island living.”
Ulana Ward Village offers amenities that reflect Hawai‘i’s outdoor lifestyle, including BBQ cabanas, a dog park, surfboard storage, and an expansive front lawn leading into Ka La‘i o Kukuluāe‘o Park

Ulana takes its name from the Hawaiian word meaning to plait or braid, as the building weaves together thoughtfully designed homes and shared amenity spaces that flow seamlessly from indoors to outdoors, connecting residents to the surrounding landscape and community. Amenities that celebrate Hawaiʻi’s outdoor lifestyle include surfboard storage, BBQ cabanas, a dog park, and an expansive front lawn leading into Ka La‘i o Kukuluāe‘o Park—the recently opened 26,000-square-foot public park filled with native plantings, shade trees, an interactive play structure, Biki Bike docks, and a water refill station. Nearly 6,000 square feet of ground floor retail activates the pedestrian streetscape.

Designed by AHL, Ulana features spacious and thoughtfully designed studio, one-, two-, and three-bedroom residences with high-end finishes, full-height windows, and sweeping views of the ocean, mountains, and the city skyline. Modern interiors by locally based firm InForm Design, Inc. feature stainless steel Whirlpool appliances, porcelain tile floors, quartz countertops, and Moen fixtures. Works of art by Hawai‘i-based artists and inspired by the word “ulana” are thoughtfully integrated throughout the property.

Ulana Ward Village delivers 697 new homes for kama‘āina families in Honolulu, representing the largest single reserved housing project on O‘ahu

All 697 residences were pre-sold to first-time kama’āina homebuyers under the HCDA Reserved Housing program, which supports moderate-income working individuals and families who do not qualify for traditional subsidized housing. With the completion of Ulana, Ward Village has delivered more than 1,200 reserved housing homes—without government subsidies—creating meaningful homeownership opportunities while generating over $150 million in future shared equity for the State of Hawai‘i to reinvest in affordable and workforce housing.

In keeping with its tradition of marking major milestones through community giving, Ward Village donated $120,000 to six local nonprofits advancing education, housing, and youth empowerment across Hawai‘i with donations to After-School All-Stars Hawai‘i, American Cancer Association Honolulu Hope Lodge, Center for Tomorrow’s Leaders, Hawai‘i HomeOwnership Center, KCAA Muriel Preschool, and KUPU.

Ulana Ward Village adds 697 new homes for kama‘āina families, marking the largest single reserved housing project on O‘ahu
“Ulana embodies the kind of opportunity we strive to create every day for local families,” said Reina Miyamoto, Executive Director, Hawai‘i HomeOwnership Center. “Ward Village’s generous gift will allow us to reach even more first-time homebuyers, and help kama‘āina prepare for and sustain homeownership here in Hawai‘i.”
“Support from Ward Village helps us open more doors for students to access quality after-school programs that keep them learning, engaged and inspired,” added Paula Fitzell, President & CEO of After-School All-Stars Hawai‘i.

The opening of Ulana comes as work nears completion on Victoria Ward Park Mauka, set to open early next year and expand the neighborhood’s growing network of parks, open spaces, and walkable streetscapes. Ward Village is currently pre-selling residences in five additional towers: including The Park Ward Village®, Kalae, The Launiu Ward Village®, ‘Ilima Ward Village and Melia Ward Village, further advancing its vision of a sustainable, inclusive, and vibrant community in the heart of Honolulu. ​

Media Kit:

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

Safe Harbor Statement

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.

Media Contact

Bridget Mitchell

Senior Account Manager, Bennet Group Strategic Communications
Kristen Kunimura

Kristen Kunimura

Senior Account Executive, Bennet Group Strategic Communications

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About 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.

Safe Harbor Statement

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.

Contact

1240 Ala Moana Blvd. Honolulu, HI 96814

808-369-9600

wardvillage.com