What just changed
The developer's own construction blog posted a real update on Tower 500 this week, and it is worth passing along directly rather than letting it sit buried on a page most buyers never think to check. Kalea Bay's fifth and final tower has moved into what the update calls its "final stages," and the specifics behind that phrase are more useful than the phrase itself.
As of this update: exterior paint is roughly three-quarters complete, with the final coat now reaching the 14th floor. Elevator systems are in active testing, and the service elevators are already fully operational, which is usually one of the more reliable signals that a building is closing in on occupancy rather than still deep in rough construction. Pool deck flooring installation is underway at the amenity level, and lower-level residences are far enough along to be in final cleaning. Window coverings are starting to come off finished units, which is normally one of the last cosmetic steps before a residence is considered move-in ready.
No firm delivery date came with the update. The developer describes progress as moving forward "in a measured and consistent manner," which tracks with what we already had on file: Tower 500 sales launched in January 2024, and delivery has been targeted for late 2026 since then. Nothing in this update changes that target. If anything, elevator testing and pool deck work this far along is consistent with a building on schedule to hit it, not behind it.
Why this actually matters if you are watching Tower 500
Construction-progress updates are easy to skim past, but for anyone with a pre-construction reservation, or anyone deciding whether to buy pre-construction versus resale in one of the four completed towers, the pace of the final stages is real information. Interior finish-out work like paint, flooring, and window treatments happening in parallel with elevator testing means multiple trade crews are working the building at once rather than sequentially, which is generally a good sign for a fall 2026 target.
For pre-construction buyers, this is also the point in a build where the remaining unknowns shrink fast. Once elevators, life safety systems, and vertical transportation are through testing, most of what is left is punch-list and finish work; the buildings do not typically slip much further at this stage in a normal cycle. That is not a guarantee, just the pattern this kind of progress usually tracks with.
If you are considering Tower 500
Floor plans, pricing, and the current reservation process for Tower 500 are worth a direct conversation rather than guessing from a construction photo. I keep current pricing and availability for the remaining pre-construction inventory, and can walk through how the purchase process differs from a resale transaction in Tower 100 through 400 if you are weighing both.
Send me a note if you want the current picture, or browse what else is active across the community on the listings page.
Source: Kalea Bay's own construction blog, "Getting Ready for the Final Stages," posted April 28, 2026.