1837 Kalakaua Avenue: 

FIFIELD COMPANIES PURCHASES FUTURE SITE OF ALLURE WAIKIKI (9 June 2006)

SOLD 9 June 2006
The property is located on the premier thoroughfare of Waikiki between the Hawai'i Convention Center and Waikiki Beach. The site is on the makai side of Kalakaua opposite the Waikiki Landmark at the corner of Ena Road mid way between Ala Moana and Ala Wai Boulevard. As a residential site the property benefits from its proximity to the Ala Moana Shopping Center, Waikiki Beach, Fort DeRussy, the Ala Wai Yacht Harbor, the State Capitol, and all the tropical, urban sophistication of Honolulu.

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Zoned and Entitled for development this 93,706 square feet site consists of eight (8) parcels together with easement rights over Makaoe Lane located on Kalakaua Avenue on the makai (towards the sea) side of the avenue one block from the Hawai'i Convention Center in the direction of Waikiki Beach and Diamond Head. The site is level, zoned Resort Commercial in the Waikiki Special District allowing use for parking, Multifamily Residential apartments, restaurants, retail and other commercial use. Floor Area Ratio, Parking, and Set Back study based on zoning is available showing a potential for 234 residential units building. Maximum building height allowed by the Land Use Ordinance is 320 feet. The property includes Lot 1 - 11,707 SF; Lot 3 - 10,469 SF; Lot 4, 24,601 SF; Lot 7 - 19,819 SF; Lot 8, 4,866 SF; Lot 9 - 7,010 SF: Lot 11 - 5,027 SF; Lot 12 - 10,207 SF; Lot 12 - 10,207 SF. Makaoe Lane and Pau Lane dissect the properties. Makaoe and Pau Lanes are private roads. Title to the parcels includes easement rights "for all purposes" over, under, and along, across and upon Makaoe Lane and pedestrian and vehicular traffic over Pau Lane. Area shown does not include the lanes. The property is located on the premier thoroughfare of Waikiki between the Hawai'i Convention Center and Waikiki Beach. The site is on the makai side of Kalakaua opposite the Waikiki Landmark at the corner of Ena Road mid way between Ala Moana and Ala Wai Boulevard. As a residential site the property benefits from its proximity to the Ala Moana Shopping Center, Waikiki Beach, Fort DeRussy, the Ala Wai Yacht Harbor, the State Capitol, and all the tropical, urban sophistication of Honolulu. On the western (Ewa) side of the property is a vacant apartment building and at the eastern side, at the corner of Ena Road and Kalakaua Avenue, a single story cinder block building occupied by a night club. Portions of the property are currently used as a parking lot.

Land Area:  93,706 Square Feet (8705.57 m2) or approximately 2.2 acres Tenure & Title:  Fee Simple - Bureau of Conveyance Deed

Zoning:  RM-1.5 Urban - Waikiki Special District, Resort Commercial

Price:  U. S. UNDER CONTRACT