Waikiki high-rise hotel planned
HONOLULU - A California developer plans to build what would be Waikiki's first new high-rise hotel since 2009.
Developer Pacrep LLC published a draft environmental assessment Monday for the planned 34-story tower with 459 condominium-hotel units.
The Honolulu Star-Advertiser reports the $275 million project would be the first new hotel built in the tourist mecca since Trump International Waikiki Beach Walk.
The assessment says the project will expand lodging as the number of tourists continues to grow.
An average condo unit in the project has a price tag of more than $654,000.
The developer will need city council approval for the 350-foot tower to exceed height limits by 50 feet. Some neighbors are concerned it could block ocean views.
The public can comment on the assessment until Aug. 22.