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1500 Kapiolani Blvd - Fully-Entitled Condo Hotel Development Site 1.41 Acres of Commercial Land in Honolulu, HI 96814
Investment Highlights
- Fully entitled for a 582-unit high-rise condo-hotel development with BMX-3 zoning.
- One of the only remaining approved condo-hotel development opportunities with short-term rental rights outside resort districts.
- Prime location between Ala Moana Center and Waikiki, two of Honolulu's strongest economic and tourism destinations.
- Redesigned project eliminates full-service resort requirements, reducing operational complexity and potential construction costs.
Executive Summary
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.41 AC |
| Property Type | Land | No. Stories | 5 |
| Zoning | BMX-3 | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.41 AC |
| No. Stories | 5 |
| Zoning | BMX-3 |
1 Lot Available
Lot
| Lot Size | 1.41 AC |
| Lot Size | 1.41 AC |
1500 Kapiolani Boulevard is a 1.41-acre fully entitled condo-hotel site approved for 582 units in Honolulu's urban core, featuring rare short-term rental rights.
Description
500 Kapiolani Boulevard is a premier mixed-use hospitality development site located along Honolulu's highly sought-after Kapiolani Corridor. Positioned between the Ala Moana district and Waikiki, the property benefits from direct access to world-class shopping, hospitality amenities, employment centers, public transportation, and some of Hawaii's most recognized visitor destinations. The site encompasses approximately 1.41 acres and is situated within one of Oahu's most active high-density development corridors. Designed to capitalize on both tourism and residential market demand, the project offers a modern urban development concept that aligns with Honolulu's evolving live-stay-play environment. The property's approved hospitality framework, combined with strong surrounding economic drivers and limited competing development opportunities, creates a compelling investment profile. Its strategic location, development readiness, and positioning within a globally recognized destination market make it a rare opportunity in Honolulu's constrained urban core.
Property Taxes
| Parcel Number | 1-2-3-021-044-0000 | Improvements Assessment | $11,864,400 |
| Land Assessment | $32,012,800 | Total Assessment | $43,877,200 |
Property Taxes
Contacts
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Anthony Provenzano -
Kelly Vea -
Matthew Davis -
Jared Gross -
Cushman & Wakefield | Chaney Brooks
