HONOLULU, HI – The Howard Hughes Corporation announced the topping out of Anaha, the second residential condominium tower to be completed within Ward Village, its 60-acre urban master plotted community in the heart of Honolulu. With Anaha’s opening in the summer of 2017, Ward Village will continue its transformation into a vibrant walkable neighborhood that offers a range of exceptional residences with incredible island and ocean views and a diverse collection of dynamic retail experiences. Due to these unique features, Ward Village has contracted to sell over 1,100 homes to date, and Anaha is currently more than 90% pre-sold. A collaboration by award-winning architect and design firm Solomon Cordwell Buenz, Honolulu-based Benjamin Woo Architects and global design leader Woods Bagot Interiors, the building was designed to capture the reflected light of the Pacific Ocean and celebrate the beauty of the shoreline.

“The topping out of Anaha is another significant milestone as we continue to make a neighborhood at Ward Village that enriches the lives of all those who experience it,” said David R. Weinreb, Chief Executive Officer of The Howard Hughes Corporation. “With our carefully curated mix of top residential architectural design, retail experiences, public spaces and cultural programming, Ward Village is on its way to becoming one of the fantastic urban master plotted communities in the world.”

Three residential buildings are currently under construction and five are available for sale at Ward Village offering a broad range of options and lifestyles in the walkable community. Contracted sales at the community have reached approximately 90% for the 493 homes in its first two luxury condominium towers, Waiea and Anaha. Construction started on Ward Village’s third tower, Ae‘o, in February 2016. At completion, Ward Village will deliver more than 4,000 new residences in a market where supply continues to fall small of demand for new housing.

Anaha will offer 244 studios and one-, two- and three-bedroom tower residences as well as 73 low-rise flats and townhomes. Wraparound views span from the beachfront to Diamond Head and from Kewalo Harbor to the sunset in the west. The ground floor of Anaha will also welcome Hawaiʻi culinary pioneer Peter Merriman as he opens his first Oahu location of the highly-regarded Merriman’s restaurant in the summer of 2017. Along with the relocation of Oahu’s only Nobu location to Ward Village and the highly anticipated opening of the flagship Whole Foods Market in the base of Ae‘o, the community will become Honolulu’s premier outdoor shopping destination and a gathering place for residents and visitors.

As the largest LEED-ND Platinum certified development in the country and the only one in Hawaiʻi, Ward Village is at the forefront of sustainable community development and will contain public amenities at a scale that no other development in Hawaiʻi offers. These public amenities include a plotted four-acre park in the heart of the community, new tree-lined sidewalks and bike lanes and access to the adjacent Kewalo Harbor, which is now operated by The Howard Hughes Corporation under a 35-year ground lease with the State of Hawaiʻi, with plans underway to upgrade the harbor’s existing infrastructure for recreational and commercial vessels alike. Kaka‘ako was recently named by Trulia as the top neighborhood with the best amenities in cities of under one million people.

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ALBUQUERQUE, NM – U.S. Representative Michelle Lujan Grisham will join representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas), Wells Fargo, YES Housing, and other dignitaries for the grand opening of the Imperial Building. The event will take place today at 205 Silver Avenue SW in Albuquerque, New Mexico.

The Imperial Building, a 74-unit mixed use, multifamily rental property received a $378,000 Affordable Housing Program (AHP) grant, which provided gap funding that aided in the construction of the building. Developed by YES Housing, the grand opening will celebrate the completion of the apartment community. The apartments, which opened in May, are anchored by a 10,000-square-foot grocery store, retail services, and underground parking. The grant comes to the Imperial Building from FHLB Dallas and Wells Fargo. Additional funding for the project came from the city of Albuquerque, New Mexico Mortgage Finance Authority (MFA), and the MFA Primero Loan Program.

“This mixed use building is one of the fantastic catalysts for downtown,” said Mayor Richard Berry. “The grand opening of the Imperial Building is a testament to the fantastic things that happen when the private and public sectors come together on a project such as this one. I applaud all of our partners, including Wells Fargo and the Federal Home Loan Bank of Dallas, for their efforts contributing to the revitalization of Albuquerque’s economic landscape.”

AHP grants are available annually through FHLB Dallas member institutions such as Wells Fargo to help in the development of affordable owner-occupied and rental housing for very low- to moderate-income households located across FHLB Dallas’ five-state District of Arkansas, Louisiana, Mississippi, New Mexico, and Texas. This year, FHLB Dallas awarded $7.8 million in AHP grants to 27 projects that will result in 1,499 new or renovated housing units.

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SEATTLE, WA – Columbia Pacific Advisors, an alternative investment firm in Seattle, Washington, has begun construction on The Danforth, a luxury apartment tower that will serve as an anchor of the intersection of two of Seattle’s most prominent streets and two of the city’s most dynamic neighborhoods.

The 16-tale, 265-unit tower will rise at the corner of Broadway and East Madison Street, and near the border of the First Hill and Capitol Hill neighborhoods. The tower, at 1001 Broadway, will include First Hill’s first Whole Foods Market, a 40,000 square-foot store occupying the bottom two floors.

The Danforth – including luxury apartments, Whole Foods Market and 355 underground parking spaces – is scheduled to open in mid-2018.

The project was first announced by Columbia Pacific Advisors in November 2014. This month marks a major milestone with the announcement of the start of construction and the name of the project. Tiscareno Associates is the architect, DCI is the structural engineer, GGLO is the interior designer and Howard S. Wright, a Balfour Beatty company, is the general contractor.

“We expect The Danforth to be a destination for residents and workers of not just First Hill and Capitol Hill but also surrounding neighborhoods including downtown Seattle, Madison Park, Madison Valley and the Central District,” said Todd Seneker, Portfolio Manager for Columbia Pacific Advisors’ real estate investment strategy. “The luxury apartments and retail will be centrally located near some of the city’s most historic neighborhoods but also on the First Hill Streetcar line and just blocks away from the new Capitol Hill light rail station.”

“We are excited to share our mission and values with the neighborhoods this store serves,” said Joe Rogoff, Regional President for Whole Foods Market in the Pacific Northwest. “Making jobs, supporting local producers and finding opportunities to partner with community organizations and non-profits are core to our philosophy and practices. We look forward to serving this intersection of the First Hill and Capitol Hill neighborhoods by providing a wide selection of natural and organic food, sustainable seafood, humanely raised meats and house made prepared foods and bakery items.”

Whole Foods Market has nine store locations in Washington State. In addition to the First Hill location, the company has stores in development in Kirkland and West Seattle.

The Danforth is one of two towers that Columbia Pacific Advisors intends to have built in the First Hill neighborhood. Earlier this year an announcement was released of a plotted new ground-up 243-unit, 24-tale senior housing community on land owned by the Archdiocese of Seattle.

Columbia Pacific Advisors has a broad real estate portfolio that spans multiple property types and geographic regions. In less than ten years, the firm has built an acquisition and development pipeline that consists of over 3,300 senior housing units, over 1,200 multi-family units and more than 1.2 million square feet of commercial space around the U.S. These projects include the recent sale of a 91,000-square-foot office building in San Francisco and the sale last fall of a 161-unit multi-family property in Seattle.

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