Three years after construction began on The Park on Ke‘eaumoku, its first residents will begin moving in on Friday.
Project leaders held a pre-opening blessing ceremony Thursday morning to celebrate the milestone.
Located on 3.52 acres along Ke‘eaumoku Street between Liona and Rycroft streets, it's the first project for Ke‘eaumoku Development Owner LLC, which is owned by Nan Chul Shin, who also owns Nan, Inc., the project's general contractor.
The park at The Park on Ke‘eaumoku. (Stephanie Salmons | Aloha State Daily) 
The Park on Ke‘eaumoku has 972 residential units in two 44-story towers, along with nearly 72,00 square feet of commercial space and a park. (Stephanie Salmons | Aloha State Daily) 
A pre-opening blessing ceremony for The Park on Ke‘eaumoku was held Thursday, Sept. 4. (Stephanie Salmons | Aloha State Daily) 
Signage for The Park on Ke‘eaumoku's Liona Tower. (Stephanie Salmons | Aloha State Daily) 
Wyeth Matsubara, chief operating officer of Ke‘eaumoku Development and a vice president at Nan, Inc., is pictured here during a blessing ceremony on Thursday. (Stephanie Salmons | Aloha State Daily) 
The pool (Stephanie Salmons | Aloha State Daily) 
The recreation deck at The Park on Ke‘eaumoku (Stephanie Salmons | Aloha State Daily) 
City views from the pool. (Stephanie Salmons | Aloha State Daily) 
The recreation deck at The Park on Ke‘eaumoku (Stephanie Salmons | Aloha State Daily)
Wyeth Matsubara, chief operating officer of Ke‘eaumoku Development and a vice president at Nan, Inc., told Aloha State Daily ahead of the blessing that it's "definitely exciting" to see the project near its end.
"This was a vision and dream we had from about 2018, 2019, put it together with all the designers and a whole lot of help."
Ground broke on the project in August 2022, and Matsubara says the developer has been promising to complete it by the end of 2025, "so we're [under] budget, ahead of schedule and we're excited."
The total cost is not yet finalized, but Matsubara says the construction budget was $480 million, "and we're well below that right now."
The Park on Ke‘eaumoku has a total of 972 residential units — 826 market-rate and 146 affordable condominiums — in two 44-story towers. You'll also find nearly 72,000 square feet of commercial space and, as the name implies, a park.
The park is a "huge benefit," Matsubara says, noting that the community will see an "open, vast oasis of green and fully mature trees" as they drive down Ke‘eaumoku Street.
"We spent years growing these trees and making sure that when we planted them, they'd be fully mature trees. ... And the rec deck is the same way. So, very excited to have this new product [available] to this community and for the benefit of future generations."
Sales for the project began in July 2021. Matsubara told ASD in June that about 84% of the market-rate units and 39% of the affordable units had been sold at that time.
Some units are still available, "but we're at a point where we're strong enough to be able to pay off our loan," he said Thursday.
You can find more information about The Park on Ke‘eaumoku here.
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Stephanie Salmons can be reached at stephanie@alohastatedaily.com.
