A Waikīkī project more than five years in the making has hit a milestone.
Developers last week topped off Ka Haku, a Hilton Club, a new timeshare property under construction by Hilton Grand Vacations, an Orlando-based timeshare company.
Dozens celebrated the topping off Friday at the Honolulu Zoo, including leaders and from HGV and Nordic PCL, the project's contractor, among others.
A senior superintendent told the crowd gathered that getting to this point was a group effort.
"There's a lot of work that's been put into this project, and it does take the group to get to where we're at," they said. "The structure top-off is a major milestone. Let's celebrate it today. Let's enjoy ourselves today. But we still have a lot of work to do."
Located at the former King's Village site at 131 Ka‘iulani Ave., the timeshare offers 213 studio, one-, two-, and three-bedroom suites; a private arrival and departure lounge; state-of-the-art fitness center, pool and pool bar; and a Japanese-style bathhouse.
Tyler Middleton, senior director of development for Hilton Grand Vacations, told Aloha State Daily on Friday that construction on the project began in 2019, "and we were about a year into all of the underground work and then Covid hit."
"We made the decision to shut the project down," he continued. "We quickly became the most expensive parking lot in Waikīkī."
Middleton says the developer got approval to restart the project in spring 2023 and "remobilized" that fall. Ka Haku is expected to be finished and open in summer 2026.
The last of the concrete has been poured and the roof has been completed, but Middleton notes that the crane will remain on site for a few more months to lift some heavy equipment onto the rooftop and into the tower.
As for the work that remains, he told ASD, "It's just going to be all the interior work," including mechanical, plumbing and electrical, furniture, mill work, finishes, paint, wall coverings, tile, flooring and more, as well as the work in the public areas.
There will be two retail spaces on the ground floor, Middleton says.
After nearly six years, Middleton says it "feels great" to reach this point.
"[At the] end of the day, Hilton Grand Vacations has had very little to do with it other than selecting a great team to build the project, and [we] couldn't be more proud of everyone that's had their hands, their fingerprints on this project and to get us where we are today."
HGV currently operates 13 resorts across four islands, including six on O‘ahu. Ka Haku — which HGV says is named in honor of Prince Albert Kamehameha — is the 14th Hilton Grand Vacation resort in the state and is the only Hilton Club in Hawai‘i.
Middleton says Hilton Club is the company's "luxury brand."
He declined to disclose the cost of the project.
When asked what the project means for the Waikīkī community, he said, "This is just a continued testament that Hilton Grand Vacations is 100% committed to Waikīkī, O‘ahu, the Hawaiian Islands."
According to Middleton, the project has generated more than 500 construction industry jobs during the build, and will support 150 to 175 full-time employees once it opens.
He said, too, that HGV also will make a $1 million contribution to support projects selected by the Honolulu City Council that will "benefit both residents and visitors here in Waikīkī." Additionally, HGV will make a donation to the Waikīkī Community center for every sale, approximately $10,000.
Sales for the development began last year.
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Stephanie Salmons can be reached at stephanie@alohastatedaily.com.