Core Insights - The opening of Victoria Ward Park Makai marks a significant milestone in the development of Ward Village, enhancing public green space and aligning with updated guidelines for smart growth in Honolulu [1][3][4] - The new guidelines allow for an estimated 2.5 - 3.5 million gross square feet of future redevelopment, promoting a balanced mix of residential, public spaces, and retail [2][3] - Ward Village aims to deliver much-needed housing and community amenities while creating value for shareholders, emphasizing sustainable urban design and community integration [3][4][6] Company Overview - Ward Village is a 60-acre master planned community in Honolulu, recognized for its sustainable development and integration of public spaces, culture, and retail [6] - The community is expected to include thousands of homes and approximately one million square feet of unique retail at full buildout, having already sold out its first seven mixed-use residential towers [6] - Howard Hughes Holdings Inc. manages and develops various master planned communities across the U.S., with a focus on innovative placemaking and design excellence [7]
Howard Hughes Announces the Opening of Victoria Ward Park Makai and Updated Land Use and Density Guidelines in Ward Village®