The University of Hawaii Board of Regents has approved the sale of a 39-acre parcel of land next to the West Oahu Campus to the Roman Catholic Church for $12 million. However, the Catholic Church has also agreed to spend up to an additional $20 million to build infrastructure including but not limited to new roads, sewers, and electrical and water lines. According to university officials, the school would use the money earned to pay for the startup and operating costs of the UH-West Oahu campus as well as pay for some of the construction costs.
The Roman Catholic Church plans to build a church and a private school, tentatively called Maryknoll West, on the site. This new K-12 school will eventually serve more then 1,400 students and will become the largest Catholic school in the state. The sale has not be finalized, but University administrators are confident that now the Board of Regents have given their approval, things will move forward quickly.
Source: Honolulu Star Advertiser, 11-29-2012, 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
