Honolulu's newest residential condominium tower is almost ready to open its doors.

Pacifica Honolulu held an opening ceremony and blessing Tuesday and residents will soon get their keys to move in.

The finishing touches are still being put on Pacifica Honolulu just days before the first residents move in.

Those residents include over 120 first time home buyers who were able to get units at reduced rates because they qualified for affordable housing. Others bought at prices starting at $445,000 for a one-bedroom unit. Now all but 19 of the 489 condos have been sold.

That is quite a change from two years ago, when the condo project stalled. It looked like it was headed for foreclosure after the housing boom went bust and home buyers backed out.

Then in 2009, developer OliverMcMillan came in and bought the troubled project at fire-sale prices. It said it took advantage of cheaper construction costs to reconfigure the building and add more than originally planned, without adding to the price of the units.

"A lot of other developers looked at how they could make it less expensive. We ended up spending $20 million more than the original. We added a bunch of stuff like finishes in the units and amenities outside," said OliverMcMillan President Dan Nishikawa.

Honolulu's newest high rise tower will not only offer first time home buyers a place to live, it will also let them do it in style.

It features an expansive recreation deck that has an infinity pool, cabanas and even fire pits. There are two private movie theatres for residents to use along with plenty of spaces for people to gather.

The company put in a lot of amenities to make homeowners happy and to make a good first impression with Hawaii home buyers because it is already planning to build another high rise residential condo tower in Kakaako.