GlobeSt.com: Are you also seeing lifestyle shift? How so?

Vanderboom: Buyers are more willing to live in smaller spaces, but in a community that offers a robust set of amenities and public spaces that act as an extension of the home. Buyers are also increasingly valuing design as a motivator to purchase a residence. The savvy resident realizes that design-centric development may be a greater financial investment, but in the end they believe there is great value in creating a place that will be unique to their desires and will reflect the character of their community.

GlobeSt.com: How will the firm's Ward Village keep its competitive edge in the local market?

Vanderboom: As more homes are completed and we develop public amenities that are unrivaled in the market, we will continue to increase our competitive advantage as Ward Village becomes recognized as one of the most desirable communities in Hawaii and in the world for homeowners and retailers.

Part 2 of 2

HONOLULU—In part one of this two-part Q&A, Nick Vanderboom, SVP of development at Howard Hughes Corp. chatted with GlobeSt.com about investment on the island as well as about the firm's Ward Village, which is said to represent one of the most significant opportunities to positively impact a substantial portion of the Honolulu coastline. In part two of the Q&A, he talks about walkability among other trends in play on the island at the moment.

GlobeSt.com: What are some notable trends in the market right now?

Nick Vanderboom: Walkability and quality of life are two of the biggest trends at play, which means meeting buyer demand for an urban environment that offers a convenient lifestyle. Ward Village residents can step outside and be within a short walk of a world-class selection of retail, dining and entertainment options, maximizing time spent relaxing and with family.

GlobeSt.com: Are you also seeing lifestyle shift? How so?

Vanderboom: Buyers are more willing to live in smaller spaces, but in a community that offers a robust set of amenities and public spaces that act as an extension of the home. Buyers are also increasingly valuing design as a motivator to purchase a residence. The savvy resident realizes that design-centric development may be a greater financial investment, but in the end they believe there is great value in creating a place that will be unique to their desires and will reflect the character of their community.

GlobeSt.com: How will the firm's Ward Village keep its competitive edge in the local market?

Vanderboom: As more homes are completed and we develop public amenities that are unrivaled in the market, we will continue to increase our competitive advantage as Ward Village becomes recognized as one of the most desirable communities in Hawaii and in the world for homeowners and retailers.