WARD VILLAGE® WELCOMES RESIDENTS TO ʻAʻALIʻI

Opening of the fifth residential building in Ward Village® provides kamaʻāina with 751 exceptional homes, including 150 additional reserved housing residences in Kakaʻako

HONOLULU - Today, new residents began moving into their homes at ʻAʻaliʻi, the fifth residential building to be delivered in Ward Village®, an award-winning 60-acre master-planned community transforming Honolulu’s urban core. ʻAʻaliʻi features 751 design-conscious homes, including 150 reserved housing units priced to meet the needs of local residents and families with incomes between 100% and 140% of the area median income. 

“The best part of progressing toward our vision to create a vibrant, connected community is welcoming residents to their new homes in Ward Village,” said Doug Johnstone, President, Hawaiʻi at The Howard Hughes Corporation. “We’re excited that hundreds of kamaʻāina can now call ‘Aʻaliʻi home and discover more conscious living that embraces sustainability, prioritizes quality and makes the most of both the home and surrounding environment.”

Designed by award-winning architecture firm Solomon Cordwell Buenz in partnership with acclaimed interior designer Rottet Studio, ʻAʻaliʻi offers studio, one-, and two-bedroom residences, each with its own private lanai. Homeowners will enjoy a uniquely curated Hawaiʻi-based art collection and impressive amenities, including the ʻAʻaliʻi Pool Deck with barbecue areas, poolside cabanas, keiki splash and play areas, and multiple indoor/outdoor event spaces. The building also has an indoor-outdoor penthouse-level Lanai 42 Sky Deck that provides 360-degree mauka and makai views, as well as leisure and fitness amenities. 

“I never thought homeownership in Hawaiʻi – let alone in Honolulu – would be possible for me before I found ʻAʻaliʻi,” said Scott Ashlock, ʻAʻaliʻi resident. “I’m so excited to connect with my neighbors and enjoy all of the urban amenities—in walking distance—that Ward Village provides, including new restaurants and shops.”

Ward Village has pledged gifts aligned with development milestones for homes in the neighborhood. To mark the opening of ʻAʻaliʻi, Ward Village will contribute $500 out of sales proceeds from every home sold while offering homeowners the option to participate with a matching gift. 

Through Ward Village’s partnership with Hawai‘i Community Foundation, Ward Village has distributed more than $3.5 million to over 170 of Hawaiʻi’s critical nonprofit organizations. 

Media Kit

About Ward Village®

Ward Village is a 60-acre master-planned community by The Howard Hughes Corporation 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 build-out, the community will include approximately one million square feet of unique retail and thousands of homes, 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 is quickly approaching sellout of its first four mixed-use residential towers — Waiea®, Anaha®, Ae‘o®, and Ke Kilohana® — transforming the popular shopping and dining district into a thriving urban 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 ʻA‘ali‘i, Kō‘ula, and Victoria Place. Since launching public sales in January 2020, Victoria Place has become the fastest-selling market tower in the history of Ward Village. Approved by the Hawaiʻi Community Development Authority (HCDA) in 2021, The Park Ward Village and Ulana Ward Village will be the newest mixed-use developments to join the neighborhood.

As a LEED-ND Platinum-certified master planned community, Ward Village demonstrates its commitment to responsible, mixed use development by investing in public benefits and amenities for Honolulu’s urban community. For more information, visit www.wardvillage.com

About The Howard Hughes Corporation®

The Howard Hughes Corporation 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 cities and communities, as well as operating properties and development opportunities including: the Seaport in New York; Downtown Columbia®, Maryland; The Woodlands®, The Woodlands Hills®, and Bridgeland® in the Greater Houston, Texas area; Summerlin®, Las Vegas; and Ward Village® in Honolulu, Hawai‘i. The Howard Hughes Corporation’s 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. The Howard Hughes Corporation is traded on the New York Stock Exchange as HHC.

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 The Howard Hughes Corporation’s filings with the Securities and Exchange Commission, including its Quarterly and Annual Reports. The Howard Hughes Corporation cautions you not to place undue reliance on the forward-looking statements contained in this release. The Howard Hughes Corporation 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.

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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