A 22,516-square-foot parcel at 1830 Kapi‘olani Blvd. in Honolulu has hit the market, pitched to buyers as a transit-oriented redevelopment opportunity just steps from Ala Moana Center and the Hawai‘i Convention Center. The 0.52-acre site sits near the intersection of Kapi‘olani Boulevard and Kalākaua Avenue, placing it squarely within one of Oahu's most closely watched development corridors. No asking price has been disclosed.
According to Aloha State Daily, the property is being marketed on behalf of the seller by Trent Thoms, Alexander Kidani and Adam Attia. Thoms and Kidani work as investment specialists in Marcus & Millichap's Honolulu office, while Attia serves as the firm's Hawai‘i broker of record; Marcus & Millichap is a commercial real estate brokerage specializing in investment sales, financing, research and advisory services. Honolulu property records list 1830 Kapi‘olani LLC as the site's current fee owner, the outlet reported.
Thoms framed the pitch around location rather than price. “The location is what makes this opportunity particularly compelling,” he said, pointing to the site's urban-core position and its transit-oriented zoning potential, per the same outlet's report.
What the Transit Zoning Could Allow
The parcel falls within the Ala Moana Convention Center Transit-Oriented Development District, where incentives may allow building heights of up to 400 feet and a greater floor area ratio than non-TOD standards, the listing announcement noted. The City and County of Honolulu describes its broader TOD Special District as a framework that modifies underlying zoning to regulate site design and layout while allowing bonus or additional density and height in certain areas.
Those incentives are the same kind that have drawn developers to the Ala Moana-Kapiolani corridor for years, though the broader track record has been uneven. At least six high-rise projects in the corridor, most of which received city development approvals in recent years, have been stalled, according to a Honolulu Star-Advertiser report from October 2025. A local housing market analyst cited in that report pointed to high mortgage interest rates, construction cost increases, competition from well-established Kakaako condo developers, and little rebound in visitors from Japan as factors slowing the pipeline.
A Corridor Short on Cranes
The Star-Advertiser report also noted that construction cranes helping put up new high-rise buildings no longer stood in the TOD zone after the district's most recent addition, a two-tower complex called The Park on Keeaumoku, opened in September 2025. Among the paused projects the paper tracked was a planned $650 million residential and hotel condo tower called Mana‘olana Place across from the Hawai‘i Convention Center, whose developer said at the time the project would be moving forward early this year. JL Capital's 315-unit Muse Honolulu tower was also expected to begin construction this year, contingent on unit sales topping 65%, per the same report.
Another nearby comparison point is the long-planned redevelopment at 1500 Kapi‘olani Boulevard, a 1.8-acre site across Kapi‘olani Boulevard from Ala Moana Center. That $542 million project, which won approval for an Interim Planned Development – Transit permit back in December 2017, was designed to include 444 condo-hotel units, six residential penthouse units and 78 rental units for senior households earning 80% or less of the area median income, according to project materials from PBR HAWAII & ASSOCIATES, INC.
For now, the 1830 Kapi‘olani Blvd. listing offers no word on a buyer, a proposed project, or a price tag — just a half-acre lot with zoning headroom in a corridor where ambition has outpaced completed towers.
