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Hawaii’s Luxury Condos

Ninth in a series

Koolani was the third of the luxury residential condominiums to rise in the “superblock” bounded by Piikoi, Waimanu, Kamakee, and Ala Moana Boulevard. Completed in 2006, it followed two other highrise residences, Nauru Tower and Hawaiki Tower, as Phase 3 of the 17.25-acre “404 Piikoi” Planned Development; the Waihonua condominium, scheduled to be completed in January 2015, will be the final and 4th Phase.

Crescent Heights, a quality condominium developer based in Miami, Florida, entered the Hawaii market with Koolani, a 48-story tower with 370 residential units consisting of two and three bedroom apartments and 11 penthouses. Built by Hawaiian Dredging Construction Company, the structure was designed by Media5 Architecture.

Interiors of the units are contemporary in design with high quality finishes and appliances. The main living areas and bedrooms enjoy panoramic views through floor to ceiling windows. Lanais are incorporated into the living spaces and open up with glass sliders spanning eight feet.

Koolani raised the bar on common area amenities and recreational facilities for residential condominiums. Located on the sixth floor is a landscaped recreation deck with a heated swimming pool, hot tub, two lighted, recently resurfaced tennis courts, putting green, six barbecue areas, walking / jogging paths, and a dog park. Additional facilities include a business center, board room, 190-person capacity party room with kitchen, a DVD and cable TV viewing theater with a large screen and lounge seating for 20, card/TV room, and a billiards room. The expansive lobby includes a concierge desk. Unique among Hawaii’s luxury condo developments is the 20,000 square foot in-house fitness center with state-of-the-art exercise equipment and a full menu of spa treatments and therapies. Owned by the Association of Apartment Owners of

homes0601_3Koolani, the Island Club and Spa offers a special rate to residents.

In 2006, a client of Realtor Jack Tyrrell purchased seven of Koolani’s 11 penthouses from the developer, furnished them, each with a distinctive decor, and placed them on the market at prices ranging from $1,995,000 to $3,400,000. Tyrrell is currently offering the “Tommy Bahama” Penthouse 11 on the 46th floor for $1,998,000.

“This spacious 2 bedroom penthouse has ocean and Diamond Head views as well as well as a beautiful mountain and valley vista with rainbows,” Tyrrell said. “With its two level layout, the upstairs master suites have a sense of separation and privacy from the main living area on the entry level. A large storage area is also located on the upper level. A dining room/den/office is just off the living room on the first level. The eight foot operable windows in the living room and master suite admit plenty of natural light and ventilation. Automated window coverings are included in the price of the unit as well as some of the furnishings. Kitchen appliances are top-of-the-line Viking, including a five burner gas range.

“The Koolani penthouses and the building in general are among the best options for a luxury condo lifestyle that you can find anywhere in Hawaii. Buyers continue to be attracted to Koolani by its amenities, which are second to none, outstanding fitness center, and excellent security features. Just about everything you might want or need for recreation and entertainment is here on the premises or close by. Both Ward and Ala Moana Centers are within walking distance…the Waikiki Yacht Club and Ala Moana Beach Park are right across the street.”

A private showing of the apartment and tour of the building can be arranged by contacting Jack Tyrrell & Company.

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