Hilton Grand Vacations Opens New Ka Haku Tower

The 32-story Waikiki timeshare property officially opened its doors on October 2, 2026.

Updated on Oct. 27, 2026 in Hotels

Screen-print poster illustration of a modern luxury resort tower on a tropical coast, evoking a vacation-inspired aesthetic.
Hilton Grand Vacations opened the 32-story Ka Haku timeshare tower in Waikiki on October 2, 2026, marking the company’s 14th Hawaiian resort. AI Illustration. Upload story photo >

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Hilton Grand Vacations officially opened its new 32-story Ka Haku timeshare tower in Honolulu on October 2, 2026. The project represents the company's 14th resort in Hawaii.

Why it matters

The development transforms a prominent Waikiki site formerly occupied by King's Village into a modern timeshare facility. It reflects the company's continued expansion in the Hawaiian vacation market through significant real estate investment.

The 32-story tower at 133 Ka'iulani Avenue was constructed with an estimated project cost of $490 million. The facility occupies a 1.5-acre development site and features 205 total units, including five dedicated penthouse floors.

The players

Hilton Grand Vacations

This global vacation ownership company manages numerous resorts and previously acquired brands including Diamond Resorts and Bluegreen Vacations.

Kobayashi Group

This development firm specializes in local real estate projects and handled the entitlements process for the tower.

Nordic PCL

This construction firm operates as a general contractor and led the building efforts for the high-rise structure.

The details

General contractor Nordic PCL oversaw construction of the tower, while Kobayashi Group managed the entitlements process, including environmental assessments. The property replaces the site that previously housed the Prince Edward Apartments and King's Village.

Timeline

  1. • 1970s: King's Village operated on the project site.

  2. • 2014: Plans to build a condo hotel on the site were scrapped.

  3. • 2018: Hilton Grand Vacations purchased the entitled property.

  4. • November 2024: Sales for the new timeshare units began.

  5. • October 2, 2026: The Ka Haku timeshare tower officially opened.

Travel Outlook

The addition of the Ka Haku tower signifies a continued shift toward high-density vacation ownership models in prime urban tourist corridors. It follows a multi-year trend of consolidation within the timeshare industry as brands seek to secure limited premium inventory.

Prospective buyers and vacationers should note that 40 percent of the inventory was already sold as of early October 2026. Those interested in booking should monitor unit availability closely as the property transitions to full operational capacity in 2027.

The takeaway

The Ka Haku tower marks a significant milestone in the ongoing redevelopment of the Waikiki district. Interested parties should track occupancy timelines and sales figures if considering future vacation ownership in the area.

What happens next

The first owners are expected to take occupancy of their units at the Ka Haku property by January 2027.

Further reading

Learn more about local hospitality developments in the Hotels section.

Source note: This article includes information reported by CoStar.

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