The new Davies Pacific Center

Hawaii New Homes Report | June 2023 Edition

By REAL. Updated Feb 08, 2024. | Hawaii New Homes Reports | 5 min. read
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Summer is flying by and so are new homes in Hawaii. In June, we saw the release of two new projects at Hoopili, along with the submission of plans for two more exciting developments at Ward Village. The anticipation is growing for the launch of Pulelehua, Maui's latest affordable housing development. Additionally, we eagerly await the release of Kaliu, Kahuina, Kaulu by Gentry, and Malu Koa West.

In this month's new homes report, we feature a project that uses the creative approach of adaptive reuse, a process that repurposes existing space to offer new homes or condominiums.

While our Hawaii New Homes Report primarily highlights pre-sale housing and upcoming developments, you may be interested in finding an existing home and renovating it. Either way, we recommend that you also check our our Hawaii Housing Market Report that features homes for resale on Oahu, Maui, Kauai, and the Big Island of Hawaii.


Davies Pacific Center Condo Conversion

The Davies Pacific Center condo conversion is Hawaii's first fee-simple adaptive reuse project that aims to transform the existing Davies Pacific Center to a mixed-use development named MODEA. It will feature just under 400 residences, and is expected to be completed by 2025. Avalon Group is the developer and Lowney Architecture is the architect behind this transformation.

The ground floor will continue to house commercial spaces, with plans to add restaurant tenants along the Merchant Street side. The existing office spaces on floors three to five will remain for current tenants, while the top floors will continue to be used for commercial purposes. Nestled in between these floors will be residences, each offering about 26 units per floor. The units will have their own secure entrance on the Queen Street side, providing privacy and convenience. The majority of units will be 1-bedrooms and feature high ceilings, in-unit washers and dryers, air conditioning, and operable windows for natural ventilation.

Residents will also have access to the second-floor amenity deck, which will include a fitness center, event rooms, a mailroom, and an inviting open lounge area.

Davies Pacific Center viewed from Queen St. and Alakea St.
Davies Pacific Center viewed from Queen St. and Alakea St.


1 bed, 1 to 1.5 bath - $920k to $1.75M
2 bed, 2 to 2.5 bath - $1.4M to $2.8M
3 bed, 3 to 3.5 bath - $2.3M to $5.5M
4 A models are available priced from $944,500 to $947,500.
Credits of $4k are offered for all homes.
58 Studios - Starting at $270,000
1 One Bedroom - Starting at $360,000
9 Two Bedrooms - Starting at $398,000
1 Studio - $658,900
One Bedroom units facing ocean - $1,061,900 and up
Two Bedroom units starting at $1,007,900
Select units now include a free storage space
Studios starting at $749k
One Bedroom condos starting at $855,000
Most of these condos are on high floors with views of Victoria Ward Park.
Studios - Starting at $706k
One Bedroom - Starting at $949k
Two Bedroom - $1,832,000
Three Bedroom - Starting at $2.101M
14 One Bedrooms starting at $1.3M
5 Two Bedrooms starting at $2M
3 Three Bedrooms starting at $4.4M
Studios ranging from $326k to $337k.
One bedroom units start at $417k (Affordable Housing)
Two-bedroom units at $624k (Affordable Housing)
Two Bedrooms starting at $797,500 (Market-rate)
6 Three Bedroom units - Starting at $1,011,800
5 Four Bedroom units - Starting at $1,270,000
6 of 24 lots of land remain available.

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Real Estate And Living Hawaii is committed to providing the most up-to-date information about real estate developments in Hawaii. Information about projects, collected on July 5, 2023, including pricing, inventory, and floor plans, often change without notice. Information is deemed reliable but not guaranteed.

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