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State Green-Lights Queen’s Acquisition of Shuttered Ewa Facility

State Green-Lights Queen’s Acquisition of Shuttered Ewa Facility

By Adriana Pop, Associate Editor Hawaii’s Health Planning and Development Agency has approved the sale of Hawaii Medical Center West in Ewa to Queen’s Health Systems for $73.2 million. According to the Honolulu Star-Advertiser, Queen’s Health Systems will spend $21.2 million to purchase the West Oahu hospital building and land…

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Maui County Committee Green-Lights West Maui Master-Planned Development

Maui County Committee Green-Lights West Maui Master-Planned Development

By Adriana Pop, Associate Editor Maui County’s General Plan Committee voted 7-1 in favor of including the proposed 600-acre master-planned Olowalu Town project within the island’s urban and rural growth boundaries. Plans for the $466 million development call for 1,500 housing units – half of which would be affordable –…

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St. Francis Prepares to Sell Former Hawaii Medical Center West

St. Francis Prepares to Sell Former Hawaii Medical Center West

by Adriana Pop, Associate Editor St. Francis Healthcare System of Hawaii expects to sell Hawaii Medical Center West to Queen’s Health Systems. “Preparing the West Oahu hospital for sale is one of our top priorities in the next few months,” St. Francis President and CEO Jerry Correa told the Pacific Business News.…

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Larry Ellison Closes on $500M+ Purchase of Lanai from Castle & Cooke

Larry Ellison Closes on $500M+ Purchase of Lanai from Castle & Cooke

by Adriana Pop, Associate Editor Larry Ellison, founder and CEO of Oracle Corp., has completed his acquisition of 98 percent of Lanai, Hawaii’s sixth-largest island, from David Murdock’s Castle & Cooke. Financial details of the transaction were not disclosed, although the price is estimated at more than $500 million. The…

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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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