A new wave of condos is set to arrive in Honolulu, the first of which will open this year.
It will be the first to come from the US, and is being built to cater for people looking for a place to live, relax and shop.
The new units are designed to meet the needs of the growing population of middle-aged, high-end residents in Hawaii who want to live somewhere they can afford.
“We are really trying to offer people a mix of lifestyle options that can be affordable,” said Mark Tompkins, who is managing partner at JV Construction.
“There’s a lot of people out there who want their place to be well-maintained, but not the kind of lifestyle that you can just have your whole life around you.”
While most of the condos in the wave will be located in major tourist areas, JV will also be working to offer condos to the less-wealthy in the Pearl District.
“The condo wave is going to be about offering options for people who want a better quality of life,” he said.
The wave will bring the number of condos in Hawaii to 8,600, with the majority of them being clustered in the more affluent neighbourhoods of Pearl District and North Shore.
The rest of the new units will be scattered around the islands.
“I think it’s going to give a lot more options,” Mr Tompkes said.
“You’re going to see a lot fewer people in your neighbourhood who are really looking for an affordable place to call home.”
This is the wave that we’re all waiting for.
We’re going for the gold.
“The first wave will open in early 2019, with more units to follow, Mr Tompeck said.
For those interested in purchasing a unit, JVC has set up an online sales portal.
To buy a unit in the first phase, visit the portal here: http://www.jvconstruction.com/plans/plumeria-city-apartment-building-coop/