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Affordable Housing Partners Wins Bid to Purchase Leasehold on 12 City Rentals

Affordable Housing Partners Wins Bid to Purchase Leasehold on 12 City Rentals

by Adriana Pop, Associate Editor The City and County of Honolulu has selected Honolulu Affordable Housing Partners LLC to complete a leasehold purchase agreement for the City’s 12 rental housing complexes. In February, the City and County of Honolulu issued a Request for Proposal seeking bids from private companies interested in purchasing, managing…

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Construction of $350M West Oahu Shopping Center Postponed

Construction of $350M West Oahu Shopping Center Postponed

by Adriana Pop, Associate Editor DeBartolo Development LLC announced that construction on the first phase of its $350 million Ka Makana Ali’i regional shopping center in East Kapolei has been delayed until early next year. The initial part of the project calls for the development of a neighborhood center that…

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Hawaii Land Commision Rezones Rural Acreage in Central and West Oahu for Master-Planned Development

Hawaii Land Commision Rezones Rural Acreage in Central and West Oahu for Master-Planned Development

by Adriana Pop, Associate Editor The Hawaii Land Use Commission (LUC) has approved the reclassification of approximately 800 acres of prime agriculture lands, paving the way for the development of the $2.2 billion Koa Ridge master-planned community in Central Oahu by Castle & Cooke Homes Hawaii Inc. By a 7-0 decision,…

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Mayoral Candidate Cayetano Promises to Stop Rail Project

Mayoral Candidate Cayetano Promises to Stop Rail Project

by Adriana Pop, Associate Editor If elected, Honolulu mayoral candidate and former Gov. Ben Cayetano intends to cancel the $5.2 billion elevated rapid-transit rail project. Cayetano told the Pacific Business News that the development could be stopped through a veto of the appropriation for the Honolulu Authority for Rapid Transportation. The…

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Developer Wins Approval to Reclassify Agricultural Land in Maui

Developer Wins Approval to Reclassify Agricultural Land in Maui

by Adriana Pop, Associate Editor The Hawaii Land Use Commission has approved Alexander & Baldwin Properties’ petition to reclassify 545 acres of agricultural land in Wailuku and Waikapu in Central Maui. The reclassification would allow the Honolulu-based company to build a master-planned residential community named the Waiale Community Project. The…

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Land Use Commission Delays Decision on Hoopili Master-Planned Community

Land Use Commission Delays Decision on Hoopili Master-Planned Community

by Adriana Pop, Associate Editor The Hawaii Land Use Commission (LUC) has granted D.R. Horton’s request that the agency delay its decision on a proposed 1,554-acre master-planned community in Ewa. D.R. Horton— Schuler Homes LLC is seeking approval to change the land classification of prime agricultural to urban, and needs…

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Queen’s Health Systems to Acquire Hawaii Medical Center West

Queen’s Health Systems to Acquire Hawaii Medical Center West

by Adriana Pop, Associate Editor Queen’s Health Systems, the corporate parent of The Queen’s Medical Center, has signed a letter of intent and confidentiality agreement with St. Francis Healthcare System to explore the possibility of acquiring the former Hawaii Medical Center West campus. Formerly known as St. Francis West, the…

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Howard Hughes Finalizes Design for 210-Unit Condo Tower

Howard Hughes Finalizes Design for 210-Unit Condo Tower

by Adriana Pop, Associate Editor The Howard Hughes Corp. in Hawaii is in the final stages of design for the development of a 210-unit luxury condo tower above the Nordstrom parking garage at Ala Moana Center. The Dallas-based company has partnered with local developers The MacNaughton Group and the Kobayashi…

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Hawaii’s First Seawater Air-Conditioning Project to Start Construction

Hawaii’s First Seawater Air-Conditioning Project to Start Construction

by Adriana Pop, Associate Editor Honolulu Seawater Air Conditioning, LLC (HSWAC) is moving closer to begin construction on the state’s first seawater air-conditioning district cooling project. The Pacific Business News reports that the company is one month from choosing contractors to develop the $250 million renewable energy system in Kakaako.…

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Hyatt Completes Largest Hyatt Place Hotel in U.S.

Hyatt Completes Largest Hyatt Place Hotel in U.S.

by Adriana Pop, Associate Editor Hyatt Hotels Corp. and management company Kokua Hospitality, LLC announced the opening of the second tower at Hyatt Place Waikiki Beach. The Diamond Head Tower joins the Pali Tower, the first tower, which opened in December 2011 as the first Hyatt Place hotel in the Hawaii…

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DSI Buys 54 Dialysis Clinics from Fresenius

DSI Buys 54 Dialysis Clinics from Fresenius

by Adriana Pop, Associate Editor DSI Renal announced that it has acquired 54 dialysis clinics from Fresenius Medical Care AG & Co. KGaA. Nine of the clinics are located on Oahu. The transaction triples DSI’s national footprint to 85 clinics in 23 states. Following the transaction, DSI and it will become the fourth largest for-profit…

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Glimcher Purchases Blackston’s Interest in Pearlridge Mall

Glimcher Purchases Blackston’s Interest in Pearlridge Mall

by Adriana Pop, Associate Editor Glimcher Realty Trust is purchasing an 80 percent indirect ownership interest in Pearlridge Center, the second largest shopping mall in Hawaii. Glimcher is using a recent common stock offering, and possibly funds from its credit facility, to finance the purchase from affiliates of Blackstone Real Estate Partners VI. The…

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