1588 Ala Moana “Park Lane 2” Advances to Agency Review Phase
The highly anticipated 1588 Ala Moana project, developed by the Kobayashi Group and colloquially known in luxury real estate circles as “Park Lane 2,” has reached a pivotal milestone in its entitlement process. Following initial community presentations late last year, the ambitious development is officially advancing through city channels.
On April 8, 2026, the Department of Planning and Permitting (DPP) officially accepted the project’s Interim Planned Development-Transit (IPD-T) application. The development has now entered the Agency Review phase, with an important Application Public Hearing scheduled for May 8, 2026.
Recent filings have also provided a clearer picture of the exact scope of the proposed development. Positioned to anchor the prominent intersection of Atkinson Drive and Ala Moana Boulevard, the mixed-use project is slated to reach heights of up to 400 feet. The refined property details include:
Park Lane 2 Project Details
| Component | Quantity / Size | Description |
|---|---|---|
| Market-Rate Luxury Residences | 145 Units | Offering the premium design and exclusivity expected from the developers behind the original Park Lane. |
| Hotel Units | 291 Units | A dedicated hotel tower aimed at drawing higher-spending visitors to the Ala Moana and convention center corridors. |
| Affordable Rental Units | 69 Units | Designated housing intended to serve local working families. |
| Commercial Space | 19,700 Sq. Ft. | Ground-level retail and commercial activation designed to beautify the pedestrian gateway between Waikiki and the Ala Moana Center. |
Stay Informed with Sachi Hawaii
Because this development is progressing steadily, maintaining direct access to the latest updates is essential. If you are interested in securing a residence at 1588 Ala Moana, register with Sachi Hawaii today to ensure you receive priority information as soon as sales and floor plans are announced.
Contact Sachi Hawaii:
(808) 596-8801 | info@sachihawaii.com
