Amenities: Concierge services, in room dining, spa and fitness center, valet parking, entertainment room, a Ritz Kids lounge, a fitness and wellness center, two pools and spa.
Building Analysis - Ritz-Carlton Residences: ~ by Paul Ford Building and Site Features
Ritz-Carlton Residences is a luxury hotel-condo development to be completed in early 2016 by California based Pacrep LLC. Like the nearby Trump Tower Waikiki, Ritz-Carlton Residences is a luxury branded hotel with full-featured resort condos instead of hotel rooms. The architect is by New York based Guerin Glass Architects (also responsible for Trump Tower Waikik and The Watermark). The general contractor Kobayashi Inc. is responsible for some of the best buildings in town (Hokua, Capitol Place, and Trump Tower).
The 38 story tower features 308 individually owned resort condos, 4 commercial units and a spa. The tower has three categories of resort condos according to floor height. The Deluxe Residences on floors 9-22 are the smallest. Grand residences on floors 23-32 are larger and have fewer units per floor. The Premier and Penthouse levels on floors 33-38 follow suit. As the building gets higher, the floors get wider and give the tower a slight leaning angle.
The central Waikiki location is very close to everything, yet it tends to be quieter with the park across the street and Luxury Row at 2100 Kalakaua shops as neighbors. Nearly all of the units in the tower will have views of the ocean over Fort DeRussy Park.
Common Areas for Residents
The ground floor lobby is behind Tiffany & Co. on Kaliamoku Street. There’s an arrival court with concierge, landscape with water features, and BLT Market a gourmet restaurant.
The 6th floor has an entertainment room, a Ritz Kids lounge, a fitness and wellness center and spa.
The 7th floor is the main reception and features famous Sushi Sho restaurant, 2 pools and spa.
Owners have a condominium management agreement with Ritz-Carlton that keeps the project running like a Superior 5-star hotel. Concierge services, in room dining, spa and fitness center, valet parking and more are included with ownership. However, some services like housekeeping, fresh towel service, and pre-arrival shopping are a la carte and available for a fee.
Individual owners may opt out of having their units in the hotel program or manage them on their own, but only by approved 3rd party agents.
Private Condo Features
The Ritz-Carlton Residences have all the comforts of home. All units have kitchens (with the exception of the studio units which have only kitchenette with a sink, 2 burner cooktop and under counter fridge). One bedroom units and larger all have ovens, dishwashers and full sized fridge. All units have washer dryers in unit. Or, you could skip the cooking and cleaning and order in-room dining and housekeeping!
All units have meticulously designed interiors and come fully furnished to Ritz-Carlton hotel standards. These condos are ready for the owner to live in down to the utensils.
Living rooms all have hardwood flooring and the grand residences have hardwood in the bedrooms. Lanais and bathrooms are tiled. All units feature floor to ceiling glass windows and generously sized lanais facing the ocean.
The Bottom LineBest features: Location, build quality, amenities, 5-star service.
Potential drawbacks: Cost of luxury hotel management can be deterrent for investors.
The above active listings are based on information from the Multiple Listing Service of the Hicentral MLS, Ltd. Active listings last updated on 10/9/2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by the Hicentral MLS, Ltd. more.
All units have meticulously designed interiors and come fully furnished to Ritz-Carlton hotel standards. These condos are ready for the owner to live in down to the utensils.
Living rooms all have hardwood flooring and the grand residences have hardwood in the bedrooms. Lanais and bathrooms are tiled. All units feature floor to ceiling glass windows and generously sized lanais facing the ocean.
The Bottom Line Best features: Location, build quality, amenities, 5-star service.
Potential drawbacks: Cost of luxury hotel management can be deterrent for investors.