{"id":19127,"date":"2026-06-02T04:47:36","date_gmt":"2026-06-02T09:47:36","guid":{"rendered":"https:\/\/1reason.com\/re\/the-park-ward-village-opens-underscoring-strong-demand-for-design-driven-living\/19127\/"},"modified":"2026-06-02T23:47:37","modified_gmt":"2026-06-03T04:47:37","slug":"the-park-ward-village-opens-underscoring-strong-demand-for-design-driven-living","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/the-park-ward-village-opens-underscoring-strong-demand-for-design-driven-living\/19127\/","title":{"rendered":"The Park Ward Village\u00ae Opens, Underscoring Strong Demand For Design-Driven Living"},"content":{"rendered":"
(NYSE: HHH), today announced the official opening of The Park Ward Village\u00ae<\/sup>, the ninth residential development within Ward Village\u00ae<\/sup>, its award-winning 60-acre master planned community in the heart of Honolulu. The new tower delivers 546 homes and more than 30,000 square feet of integrated retail and dining, further advancing Ward Village\u2019s vision of a vibrant, walkable urban neighborhood. <\/p>\n

With the tower 97% pre-sold, The Park Ward Village is expected to contribute meaningfully to Howard Hughes\u2019 condominium revenue expectations, including more than $700 million in anticipated GAAP revenue recognition, while further expanding the scale, quality, and long-term value creation of one of the nation\u2019s most successful mixed-use communities.<\/p>\n

The Park Ward Village’s new residents will enjoy a highly walkable, park-front setting directly adjacent to Victoria Ward Park and moments from Ala Moana Beach Park and Kewalo Basin. The project adds another meaningful layer to Ward Village\u2019s evolution as a complete neighborhood where residential demand, curated street retail, public open space, and thoughtful design come together to create lasting value for residents, visitors, and shareholders.<\/p>\n

\u201cThe opening of The Park Ward Village is a clear example of Howard Hughes\u2019 differentiated ability to execute large-scale, design-led placemaking in high-barrier-to-entry markets,\u201d said David O\u2019Reilly, Chief Executive Officer of Howard Hughes. \u201cThis milestone not only reflects exceptional demand for Ward Village, but also highlights the power of our integrated development model to translate great real estate into long-term shareholder value.\u201d<\/p>\n

Designed by award-winning architecture firm Solomon Cordwell Buenz, with interiors by Yabu Pushelberg and landscape architecture by Vita Design Group, The Park Ward Village draws inspiration from Hawai\u2018i\u2019s mid-century architectural heritage while embracing a modern island lifestyle defined by openness, warmth, and seamless indoor-outdoor living. The tower\u2019s 546 residences include studio, one-, two-, and three-bedroom homes with expansive park and ocean views, abundant natural light, and layouts designed to connect residents to both green space and the surrounding neighborhood. A robust amenity collection\u2014including resort-style and lap pools, pickleball and tennis courts, barbecue cabanas, spa facilities, and landscaped gathering areas\u2014further reinforces the project\u2019s design-driven approach to wellness, recreation, and social connection.<\/p>\n

A defining feature of The Park Ward Village is its direct connection to Victoria Ward Park, which anchors the project within one of the most distinctive public-realm settings in Honolulu. As Ward Village\u2019s first SITES-certified park, Victoria Ward Park reflects the community\u2019s broader commitment to sustainable, high-quality neighborhood design through native plantings that reduce irrigation needs, promote biodiversity, and help mitigate urban heat. That focus on environmental stewardship is further reinforced by Ward Village\u2019s LEED Neighborhood Development Platinum certification, underscoring Howard Hughes\u2019 long-term approach to placemaking in a premier urban market.<\/p>\n

At street level, more than 30,000 square feet of integrated retail and dining further activate the neighborhood, creating an inviting pedestrian environment along the park edge. Retail leasing continues to gain momentum, supporting Ward Village\u2019s evolution as a dynamic mixed-use destination and further enhancing the energy and appeal of the broader community.<\/p>\n

The tower\u2019s performance continues the strong momentum of Ward Village, where the first eight mixed-use residential towers sold out quickly and four additional towers\u2014Kalae, The Launiu Ward Village\u00ae, \u2018Ilima Ward Village, and Melia Ward Village\u2014are currently in pre-sales or development. Together, these projects underscore the depth of demand for Ward Village\u2019s design-driven, amenity-rich lifestyle and the long runway ahead for value creation in the community.<\/p>\n

About Ward Village<\/strong>\u00ae<\/strong><\/sup>
Ward Village is an award-winning Howard Hughes community in the heart of Honolulu, located between downtown and Waik\u012bk\u012b. Named \u201cBest Planned Community in the United States\u201d by Architectural Digest, the 60-acre Ward Village has evolved into a thriving mixed-use neighborhood, combining expansive open green spaces with striking architecture to deliver high-quality housing, culture and arts, and popular shopping and dining options. Honoring the distinct history of its land, Ward Village is a LEED-ND Platinum-certified master planned community, committed to responsible, sustainable development and investing in public benefits and amenities for the Honolulu community. Ward Village quickly sold out its first eight mixed-use residential towers\u2014Waiea \u00ae<\/strong><\/sup>, Anaha \u00ae<\/strong><\/sup>, Ae\u2018o, Ke Kilohana \u00ae<\/strong><\/sup>, \u02bbA\u02bbali\u02bbi \u00ae<\/strong><\/sup>, K\u014d\u2018ula \u00ae<\/strong><\/sup>, Victoria Place \u00ae<\/strong><\/sup>, and Ulana Ward Village \u00ae<\/strong><\/sup>. New residential buildings in development or under construction include The Park Ward Village \u00ae<\/strong><\/sup>, Kalae, The Launiu Ward Village \u00ae<\/strong><\/sup>, \u2018Ilima Ward Village and Melia Ward Village. For more information, visitWardVillage.com<\/a>.<\/p>\n

AboutHoward Hughes Holdings Inc.<\/strong>
Howard Hughes Holdings(HHH) is a holding company focused on growing long-term shareholder value. Through its real estate platform,Howard Hughes Communities, HHH owns, manages, and develops commercial, residential, and mixed-use real estate throughout theU.S.Its award-winning assets include the country\u2019s preeminent portfolio of master planned communities, as well as operating properties and development opportunities includingThe Woodlands\u00ae<\/sup>, Bridgeland\u00ae<\/sup>andThe Woodlands Hills\u00ae<\/sup>inGreater Houston; Summerlin\u00ae<\/sup>inLas Vegas; Teravalis\u2122 inGreater Phoenix;Ward Village\u00ae<\/sup>inHonolulu; andMerriweather DistrictinColumbia, Maryland.Howard Hughes Holdings Inc.is traded on theNew York Stock Exchangeas HHH. For additional information visitwww.howardhughes.com<\/a>.<\/p>\n

Safe Harbor Statement<\/strong>
Statements made in this press release that are not historical facts, including statements accompanied by words such as \u201cwill,\u201d \u201cbelieve,\u201d \u201cexpect,\u201d \u201cenables,\u201d \u201crealize,\u201d \u201cplan,\u201d \u201cintend,\u201d \u201cassume,\u201d \u201ctransform\u201d and other words of similar expression, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management\u2019s expectations, estimates, assumptions, and projections as of the date of this release and are not guarantees of future performance. Actual results may differ materially from those expressed or implied in these statements. Factors that could cause actual results to differ materially are set forth as risk factors in Howard Hughes Holdings Inc.\u2019s filings with the Securities and Exchange Commission, including its Quarterly and Annual Reports.Howard Hughes Holdings Inc.cautions you not to place undue reliance on the forward-looking statements contained in this release.Howard Hughes Holdings Inc.does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release.<\/p>\n

Media Relations:<\/strong>
Cristina Carlson
Howard Hughes
cristina.carlson@howardhughes.com<\/a>
646-822-6910<\/p>\n

Francis McGill<\/strong>
Pershing Square
McGill@persq.com<\/a>
212-909-2455<\/p>\n

Investor Relations:<\/strong>
investorrelations@howardhughes.com<\/a>
281-929-7700<\/p>\n

A photo accompanying this announcement is available at https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/35cb1b9c-8be9-465d-b72c-d5ebddc4f9ee<\/a><\/p>\n

\"\"<\/div>\n","protected":false},"excerpt":{"rendered":"

\n

Ninth residential tower in Ward Village\u00ae opens 97% pre-sold, delivering 546 homes and more than 30,000 square feet of integrated retail and dining adjacent<\/p>\n

\"The<\/p>\n

The Park Ward Village\u00ae, photo courtesy of Ward Village\u00ae<\/p>\n

HONOLULU, June 02, 2026 (GLOBE NEWSWIRE) — Howard Hughes Communities\u2122, the real estate platform of Howard Hughes Holdings Inc.<\/p>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/19127"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=19127"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/19127\/revisions"}],"predecessor-version":[{"id":19130,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/19127\/revisions\/19130"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=19127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=19127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=19127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}