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Thursday, May 23, 2013

700 Foot Residential Tower Could Be Built at Blaisdell Center

The Hawaii Community Development Authority, the state agency responsible for regulating the development of Kakaako, is suggesting that that city allow a developer to build a 700-foot residential tower where the Neal S. Blaisdell Center currently exists. In exchange for allowing a developer to build a residential tower, the developer would provide the city with a new preforming arts facility, public concert hall, and events center. The Neal S. Blaisdell Center was originally built in 1964 and is beginning to show its age despite its last major renovation and expansion in 1994. Executive director for the HCDA, Anthony Ching, stated, “”This is a perfect opportunity, should the city take it.”
For additional information on what is happening in Kakaako, please go to: dbedt.hawaii.gov/hcda
Source: Honolulu Star Advertiser, 5-23-2013, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
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