The Honolulu Authority for Rapid Transit has announced that construction will begin on Monday, April 23, 2012 on the western end of the Honolulu Rail Project. Construction crews will begin drilling and installing concrete foundation shafts and support columns in East Kapolei. Executive Director and CEO for the Honolulu Authority for Rapid Transit, Dan Grabauskas, stated, ”This significant milestone for the rail proj ect moves us closer to providing Oahu residents with an alternative to sitting in horrific traffic congestion.”
Opponents to the Rail Project remain extremely vocal and critical of city officials for proceeding with construction before the federal government commits to assisting the city. The Honolulu Rail Project is expected to cost $5.3 billion, but the city is counting on $1.55 billion to come from the federal government. The federal government will not make a commitment until the end of the year at the earliest.
Officials from the Honolulu Authority for Rapid Transit stated that every month of delay would cost tax payers $10 million. HART argues that it would be cheaper to tear down the columns if federal funding is not given, then to wait until the end of the year to start.
Source: Honolulu Star Advertiser, 4-21-2012, 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
