Employment Opportunities Contact Us About Us Portfolio Sustainable Hotelier Community Involvement Projects COVID-19 Updates Kyo-ya Revising Plans for Redevelopment of Princess Kaiulani Kyo-ya Kaiulani, LLC has revised its plans for the redevelopment of the Princess Kaiulani Hotel property that envisions a single, all-hotel tower with retail, restaurants and recreational amenities that would be a gathering place for visitors and residents and continue the revitalization of Waikiki as Hawaii’s premier resort area. The new proposal is a change to a previous proposal which was approved in the 2010 PD-R*. At that time, the previous approved proposal would have retained the 48-year-old Ainahau Tower and added a new tower to replace two other towers currently on the property. The project would have resulted in two towers operated as a mix of hotel, hotel-condominium and residential units. In 2015, Kyo-ya decided to revisit the proposed plans and develop a project plan that would better meet the needs of the community, Hawaii’s visitor industry and Kyo-ya’s corporate values and philosophy. New Proposal for All-Hotel Project The revised redevelopment plan is for an all-hotel project. Key elements of the new proposal include: The demolition of all the existing hotel towers, the existing retail buildings, parking garage and other structures on the property. The development of a new, 33-story hotel, consisting of 1,042 bays or approximately 1,009 hotel units. The hotel rooms will be larger with increased ocean views to meet the demands of today’s global traveler. One tower is planned instead of the two towers approved in the 2010 PD-R. A new six-level podium that will include retail, food and beverage, recreational amenities, meeting space, and back of house facilities. A world-class amenity deck featuring an infinity edge pool and lazy river pool along with a gym and pool bar. The development of a new parking structure with approximately 695 parking spaces. This is an increase over the current number of stalls, but a decrease compared to the 2010 PD-R. Community Benefits When developing the revised plan, Kyo-ya wanted to ensure that the project was a reflection of our commitment to the community and our employees. Project benefits include: An improved pedestrian and guest experience with enhanced walkways on Kalakaua Avenue. An increase of open space on the property including an expansive interior courtyard that opens up to Kaiulani Avenue and garden-like spaces that would become a gathering place for visitors and local residents to encourage interaction with the surrounding neighborhood. A legacy library provided for cultural and educational interactions for visitors at ground level. The new tower set back much further from the corner of Kalakaua Avenue and Kaiulani Avenue with greater distance. Accommodations for buses and other large vehicles to load and unload on an interior portion of the lot that will help reduce the presence of large vehicles on Kaiulani Avenue. Below-grade handling of trash, recycling, and delivery service vehicles that will reduce the early morning noise. Thousands of jobs created during the construction phase. More employment opportunities for Hawaii residents through an all-hotel development. Upon completion, it is anticipated that the number of employees will increase from the current levels. An increase of tax revenue for the State and City. The contribution of $25,000 to the City for the purchase and installation of high-resolution cameras at the intersection of Kailuani Avenue and Kalakaua Avenue (same as the 2010 PD-R). The contribution of $50,000 to the Waikiki Health Center to support the Youth Outreach Program (same as the 2010 PD-R). Timetable The project is tentatively targeted to begin construction as early as mid-2022 with an approximately three-year construction period. * Planned Development-Resort (PD-R) is a special designation that was approved by the County in 2010 for the project. The purpose of the PD-R is to provide flexibility for things such as project density, height, transitional height setbacks, yards, open space and landscaping when such flexibility demonstrates contributions benefiting the community and Waikiki. © 2018 Kyo-ya Hotels & Resorts