WARD VILLAGE® REPORTS RECORD 2025 RESIDENTIAL SALES AND MAJOR COMMUNITY MILESTONES
$1.6 billion of future revenue led by strong pre-sales at Melia and ‘Ilima at Ward Village
HONOLULU (February 19, 2026) – Ward Village®, the 60-acre master planned community in the heart of Honolulu, marked a record year of residential sales and significant neighborhood progress in 2025, as announced in Howard Hughes Holdings Inc.’s fourth-quarter earnings results released today.
Building on record-breaking sales momentum generated by the launch of Melia Ward Village® and ‘Ilima Ward Village®earlier in the year, the Company contracted to sell 287 condominium units in Hawai‘i in 2025 representing approximately $1.6 billion in contracted residential sales. A majority of pre-sales occurred at Melia and ‘Ilima, totaling 220 units during the year, along with 63 units contracted at The Launiu Ward Village®.
“Ward Village saw tremendous progress in 2025, with momentum throughout our business segments and neighborhood,” said Doug Johnstone, President, Hawai‘i Region & National Condominium Development at Howard Hughes Communities. “From new residences and parks opening to continued construction and strong pre-sales supporting future phases, we are delivering more homes, creating more public open space, and stronger connections across the community. At the same time, continued enhancements to shopping and dining increasingly enrich the overall experience.”
As a multi-decade master planned community, Ward Village continues to advance in measured phases, balancing residential growth with public open space, cultural investment, and neighborhood connectivity. The 2025 results reflect strong buyer demand and the long-term value created through thoughtful planning and responsible development.
Strong demand continued across residences under construction, with The Park Ward Village® approximately 97% pre-sold and Kalae® approximately 93% pre-sold, while Melia and ‘Ilima reached approximately 60% pre-sold and The Launiu approximately 71% pre-sold. The strong pre-sales position of these projects supports phased construction and long-term neighborhood planning.
“The launch of Melia and ‘Ilima contributed to a record year and reinforce the depth of demand we continue to see across our residential offerings,” said Bonnie Wedemeyer, Executive Vice President, National Condominium Sales & Strategy at Howard Hughes Communities. “Buyers are looking for thoughtfully designed homes in walkable neighborhoods with access to open space, retail, and dining. Our strong sales at Ward Village are an indication of how those qualities continue to resonate with today’s homebuyers.”
Fourth-quarter activity included 26 condominium units contracted in Hawai‘i representing $84.2 million in future revenue, including 12 units at Melia and ‘Ilima and 14 units at The Launiu. The quarter also marked the closing of Ulana Ward Village®, completing the sale of 690 condominium units in the workforce housing development, representing the largest single delivery of reserved housing on O‘ahu under the Hawai‘i Community Development Authority (HCDA) program and reinforcing Ward Village’s commitment to housing accessibility.
Ward Village also reached several major development milestones in 2025, including the groundbreaking of The Launiu Ward Village and the topping-off of The Park Ward Village. The opening of Victoria Ward Park Makai and Ka Laʻi o Kukuluāeʻo Park added nearly two acres of new green space, further expanding the neighborhood’s network of parks, pedestrian streets, and gathering spaces. As a LEED-ND Platinum-certified community, Ward Village continues to prioritize walkability, energy efficiency, and environmentally responsible development practices as it grows. Together, these milestones reflect Ward Village’s continued evolution into a vibrant, walkable urban neighborhood rooted in thoughtful design, sustainability, and long-term stewardship.
Media Kit (courtesy of Ward Village)
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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