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Condominium hotel planned for Oahu's Ko Olina resort

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By Associated Press





HONOLULU (AP) _ A Florida investment firm wants to build a 400-to-500 unit luxury condominium hotel at Ko Olina resort on Oahu's Leeward side.

Miami-based Crescent Heights wants to brand the complex with the Donald Trump name.

The 16-story condominium hotel would be built on eight acres next to the Marriott Ko Olina Beach Club time-share.

The project would be the second hotel at Ko Olina.

As a so-called condotel, the investment firm would sell units to individual investors who would have an option use the property as a residence or as a hotel room.

Crescent Heights expects to sell studio, one-bedrooms and two-bedroom units this summer.

Construction is expected to be finished in 2008.

http://www.kpua.net/news.php?id=7927

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