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Saturday, March 9, 2013

Waikiki Real Estate – Kyo-ya Hotels and Resorts Still Hopes to Build New Waikiki Hotel


Over the last seven years, the Kyo-ya Hotels and Resorts has been working to obtain permission to build a new oceanfront hotel and condominium tower in Waikiki.  The property would be located next to the Moana Surf Rider and has recently been approved by the Honolulu’s zoning board of appeals.  However, a series of other objections from members of the community has slowed the process tremendously.  Greg Dickhens, president of Kyo-ya Hotels and Resort expressed his frustration and stated, “Petitioners have stated that they’ll continue to appeal with their ultimate objective just to delay, delay, delay.  We certainly have a capacity issue in Waikiki.”
Executive director of Hawaii’s Thousands Friends, Donna Wong, opposes the Kyo-ya project because the plans encroaches into shoreline setbacks.  Wong stated, “We are very mindful that tourism is our mainstay.  We just think it’s in everyone’s interest to make it viable. It shouldn’t socially impact the people who live here or destroy our natural environment and cultural resources.”
Source: Honolulu Star Advertiser, 3-10-2013, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
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