Search This Blog

Thursday, November 13, 2014

Construction Resumes for Building B of 801 South Street Project

Circuit Judge Karl Sakamoto has lifted his injunction for Building B of the 801 South Street Project after the developer had corrected what the judge ruled was a violation of state historic preservation law.  Developer Downtown Capital LLC was required to conduct an archaeological survey of the site and found absolutely no Native Hawaiian burials. As a result, construction will resume immediately after the almost six month long break while the study was being done and official approval was given by the State Historic Preservation Division of the Department of Land and Natural Resources. Ryan Harada, a principal with Downtown Capital LLC, stated, "The development team is very happy to move the project forward. We have a lot of buyers who have been very patient. We're pleased with the judge's decision."

Residents living in the neighboring Royal Capitol Plaza are very unhappy with this decision to allow Building B to be built.  They had filed several lawsuits against the developer, but Judge Sakamoto found that only one of them, the developer's lack of obtaining an archaeological survey, merited a halt in construction.  Now that has been completed, the judge felt there was no reason to delay construction any further.

Source: Honolulu Star Advertiser, 11-13-2014, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Principal Broker, REALTOR®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com