WARD VILLAGE® CELEBRATES OPENING OF VICTORIA PLACE®
Community’s seventh residence marks delivery of 350 new homes and expanded public spaces with $175,000 donation
HONOLULU (Nov. 4, 2024) – Ward Village®, the award-winning 60-acre master planned community in the heart of Honolulu, hosted a blessing to celebrate the upcoming opening of Victoria Place®, the community’s seventh residence. Inspired by the rich history of its land and the project’s namesake, Victoria Ward, Victoria Place enhances the neighborhood with the addition of 350 one-, two- and three-bedroom homes, seamlessly integrated into its natural surroundings adjacent to Victoria Ward Park. The ceremony, led by Kumu Hina Wong-Kalu, celebrated this significant milestone in the evolution of Ward Village, Hawai‘i’s only LEED-ND Platinum-certified community, ahead of Victoria Place’s official opening on Nov. 6, 2024.
“Victoria Place represents a notable step forward in the progression of the Ward Village neighborhood,” said Doug Johnstone, President of the Hawai‘i region for Howard Hughes. “It reflects a unique blend of local inspiration with modern design that is thoughtfully integrated with a natural setting of public open space. We are thrilled to welcome our new residents and the building of community that continues to unfold.”
The $175,000 donation in coordination with Hawai‘i Community Foundation reflects Ward Village’s ongoing commitment to giving back at key development milestones to foster community collaboration and support organizations that create lasting change in Hawai‘i. Initial awardees include five local nonprofits—Aloha United Way’s ALICE Initiative, Hawai‘i Contemporary, Trees for Honolulu’s Future, Better Block Hawai‘i and the University of Hawai‘i’s Shidler College of Business Scholarship Fund—will each receive $25,000. Previous recognized community partners included Mālama Meals, Trees for Honolulu’s Future, and the General Contractors Association of Hawaii’s Construction Leadership Council and Pacific Resource Partnership’s Executive Leadership Series Program.
Victoria Place launched sales in 2020 and achieved outstanding sales velocity and sellout, supporting major construction activity on Oʻahu during uncertain times and contributing to Ward Village’s ongoing investment in Honolulu. The project created an average of 1,000 jobs annually, and workers earned more than $250 million throughout the development process. In addition to the $770 million in real GDP that the project generated, the addition of $50 million in state tax revenue helped support critical public services and infrastructure improvements.
With panoramic views of the ocean, Diamond Head and the mountains, Victoria Place is located next to Victoria Ward Park and designed for indoor-outdoor living, with signature gardens, event lawns, multiple pools, a spa, a wine room, and a pool house amenity. Victoria Place reflects Ward Village’s commitment to smart growth on the island of Oʻahu as a fixture of the neighborhood’s LEED-ND Platinum Certified designation—the highest sustainability rating in the U.S.
With its innovative architecture, commitment to sustainability, and significant contributions to the local economy, Victoria Place stands as a cornerstone in the continued evolution of Ward Village. For more information, visit www.wardvillage.com or www.victoriaplaceward.com.
Media Kit
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.
