The City of Honolulu is considering selling a total of eight parcels of land in Haleiwa on the North Shore of Oahu. At this time, the auction would be limited to only two bidders, Kamehameha Schools and developer D.G. Anderson. Kamehameha Schools have stated that they would like to use the land as a cultural park while Anderson has stated that they would like to build an 80 room boutique hotel. It has been further suggested that the winning bidder would have to keep part of the property as a park for the public. The property is approximately 3.4 acres in size.
The City Council will meet to further discuss the potential sale and the terms required.
Source: Honolulu Star Advertiser, 6-26-2012, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
