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Tower Development logo

Tower Development

11–50 employees 5 principals

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Last updated 1w ago

About Tower Development

Tower Development is a real estate operator. Tower Development operates in Chicago, Illinois, Honolulu, Hawaii and Washington DC. Its investment focus is on Affordable Housing, Golf Courses and Hospitality.

Tower Development, Inc. is a Hawaii‑based real estate firm founded in 1996 by Ed “Z” Bushor, Aaron Molinar, and Stuart Miller. Over more than 24 years, the principals have jointly acquired and upgraded over 3,000,000 ft² of distressed and value‑add commercial and residential properties across the U.S., including 1,000+ multifamily units. In 2011 Bushor formally launched Tower Development Inc. as a 100 % Hawaii‑focused investment platform. The firm has concentrated exclusively on the Hawaiian market since 1998, completing over $600 million in transactions, including assets ranging from hospitality and multifamily to luxury homes. Today, Tower Development operates as a vertically integrated platform through its affiliates: commercial and residential development, in‑house construction via Tower Construction Hawaii, and asset/property management. Its development focus includes value‑add hospitality, multifamily, luxury homes, and distressed assets, with notable projects such as 388‑key Grand Naniloa Hilton, 405‑key Wyland Waikiki, 162‑unit Waiakea Apartments, and the 36‑home “One Ocean” luxury subdivision.

Principals at Tower Development

Principal details are a Pro feature

5 principals on file

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Recent activity at Tower Development

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Tower Development's project portfolio

8 projects on file · Hospitality (3), Multifamily (3), Commercial (general) (1), Office (1)

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Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.

Markets and themes

Markets Tower Development operates in

  • Chicago, Illinois
  • Honolulu, Hawaii
  • Washington DC

Investment themes at Tower Development

  • Affordable Housing
  • Golf Courses
  • Hospitality
  • Multifamily - Ground-up
  • Multifamily - Value-Add
  • Resorts
  • Single-Family Homes
  • Standalone Retail
  • Urban Office

Capabilities

  • Asset Management
  • Construction Management
  • Economic Development
  • Mixed Use
  • Public-private partnerships
  • Site Development
  • Sustainability
  • Transit-oriented development
  • Urban infill

Operators similar to Tower Development

  • Republic Family of Companies
    Established tierChicago, IllinoisWashington DCAffordable HousingHospitality+5 more themes
  • IRA Capital
    Established tierChicago, IllinoisWashington DCAffordable HousingHospitality+4 more themes
  • Artspace Projects
    Established tierWashington DCChicago, Illinois+1 more marketAffordable HousingHospitality+3 more themes
  • Corner Lot Development Group
    Established tierGolf CoursesAffordable Housing+6 more themes
  • ABS Partners
    Established tierWashington DCAffordable HousingHospitality+4 more themes
  • Westmount Realty Capital
    Established tierChicago, IllinoisStandalone RetailUrban Office+4 more themes
  • SHOP Companies
    Established tierWashington DCChicago, IllinoisStandalone RetailUrban Office+3 more themes
  • Witkoff
    Established tierChicago, IllinoisHonolulu, HawaiiUrban OfficeMultifamily - Value-Add+3 more themes
  • Edge Realty Partners
    Established tierChicago, IllinoisStandalone RetailUrban Office+3 more themes
  • The Georgetown Company
    Established tierWashington DCStandalone RetailUrban Office+3 more themes

Frequently asked questions about Tower Development

What does Tower Development do?
Tower Development, Inc.
What markets does Tower Development operate in?
Tower Development is active in Chicago, Illinois, Honolulu, Hawaii, and Washington DC.
How many employees does Tower Development have?
Tower Development has 11–50 employees.
Tower Development cover image

Tower Development at a glance

Tier
Established
Operator type
Developer, Owner, Homebuilder
Headcount
11–50
Units owned
1,000-5,000
Units managed
1,000-5,000
Property mgmt
Self-Managed
Markets
3
Principals
5

Contact Tower Development

1050 Bishop Street #530 Honolulu, HI 96813
www.towerdevcon.com