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Powered by hawaii-as-code · BlueWave Projects

1 Aloha Tower Drive · Honolulu, HI 96813

TMK 2-1-005-001 · Aloha Tower District · Downtown Honolulu

Owner of record
State of Hawaii ATDC
Last sale
1989-04-12 · $1 (transfer)
Lot size
13.5 acres
Building footprint
142,800 sqft
Zoning
WD (Waterfront)
Lava zone
Zone 9 · Lowest risk
Flood zone
Zone X · Minimal
Year built
1926 (restored 1994)
Adjacent parcels
4 watched

This week, in your saved area

Comparable sales — downtown mixed-use, last 90 days

Address Sale date Price $/sqft Notes
1100 Alakea Street 2026-04-22 $42,500,000 $682 9-floor office tower
745 Fort Street Mall 2026-03-30 $18,700,000 $590 Mixed-use, retail base
1132 Bishop Street 2026-02-14 $63,000,000 $748 Class A office

Median: $682/sqft for downtown mixed-use over 50K sqft, last 90 days.

Adjacent ownership snapshot

Adjacent TMK Owner Last sale
2-1-005-002Honolulu Harbor District1976
2-1-005-003DOT Harbors Division1947
2-1-006-001State of Hawaii Land Usen/a (state)
2-1-006-005Honolulu Harbor District1968

Market shift indicator

Downtown Honolulu mixed-use is in a slow-decline phase over the last 90 days — median $/sqft is down 2.1% month-over-month and 4.7% year-over-year. Permit activity is stable but skewed toward tenant improvement rather than new construction, suggesting active occupancy management rather than speculative development. Watchlist neighborhoods to compare against next month: Kakaʻako (+1.4% MoM) and Ala Moana (+0.7% MoM) — both still in modest-rise phases.