Kapi'olani high-rise project stirs
• Photo gallery: Pacifica blessing ceremony
The new developer of the partially built condominium high-rise at 1009 Kapi'olani Blvd. held a ceremony yesterday to mark the resumption of major construction on the 46-story tower.
Work on the project is starting with about 50 to 75 workers and is scheduled to ramp up to a peak of around 400.
Yesterday's blessing was attended by project officials, dignitaries and many of the roughly 200 buyers who have committed to purchase a unit in the 489-unit tower makai of McKinley High School.
Original developer KC Rainbow II LLC ran into trouble with the project then known as Moana Vista when a roughly $100 million construction loan needed to finish the tower was withheld because too many buyers canceled nonbinding reservations for units. Construction was halted in November 2008.
San Diego-based OliverMcMillan acquired the stalled project in October, renamed it Pacifica and resumed sales last month.