Mr. Jon Wallenstrom

Jon Wallenstrom is a principal with Alaka‘i Development (AD) and is working to create a smarter future for Hawaii through innovative development. Jon has developed over 14 million square feet over the course of his career in Hawaii and over 800 apartment homes on Oahu. Jon also served as managing member and Chief Operating Officer for Forest City’s Hawaii-based partnership with the Department of the Navy and President of Forest City Hawaii. The $2B development was conducted on a portfolio of 6700 homes with the majority being demolished and replaced. In addition to the new construction, hundreds of millions of dollars were spent on historic renovations, energy efficiency, and other improvements. Prior to moving to Hawaii, Jon was among the busiest multifamily developers in the mid-Atlantic where he had his own company, was a Regional Vice President with Archstone Communities, and started his career with JPI. Jon holds an AB from Princeton University.