Green Touch Builders | Chinese developer may build high-rise residential project near Honolulu's Ala Moana Center
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Chinese developer may build high-rise residential project near Honolulu's Ala Moana Center

A Chinese developer has purchased property along Kapiolani Boulevard near Ala Moana Center in Honolulu, with possible plans to build a high-rise condominium project, the seller and the firm representing the buyer of the property confirmed with PBN on Friday.

Hong Kong’s Qinghua International Holdings Ltd. closed on the purchase this week of a nearly 30,000-square-foot parcel at 1338 Kapiolani Blvd. for about $15.4 million, nearly triple the amount four Hawaii partners paid for the property 10…