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Happy Ending in Honolulu: Once-bankrupt Residential Tower Project Gets to Finish Line

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PHOTO COURTESY OF Pacifica honolulu
High-rise condo tower re-emerges from bankruptcy.
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Pacifica Honolulu, a 46-story project that was mothballed for more than a year after its first developer went bankrupt, opened as planned early this month. Last year, San Diego-based developer OliverMcMillan resurrected the $284-million project, first called Moana Vista. Ledcor Construction, working with Architects Hawaii Ltd., Gensler Architects and Baldridge Associates Structural Engineers, finished the job that was begun by the first general contractor, Hawaiian Dredging Construction, which lost its construction loan when the project was at the 27th floor.


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