The Honolulu International Airport has issued a press release outlining a massive $750 million renovation plan. According to airport officials, the project will start in June 2013 and is expected to be completed by 2017. Plans including building a new terminal and renovating the old terminals, creating a new maintenance and cargo facility, widening the airport runways, increasing the size of the gates, and adding a new rental car building. The project will be paid for by fees collected from airport tenants, federal airport improvement grants, and a special airport revenue bond.
The Department of Transportation’s deputy director for the Airport Division, Ford Fuchigami, stated that none of the improvements would be paid for out of the state’s general fund. Fuchigami added, “If you take a look at our current commuter terminal, it’s old. It’s very old. We need to go ahead and upgrade that. If you compare our airport to other airports we want to be in the same capacity with them, so I think it’s really important for us to keep up.”
Source: Honolulu Star Advertiser, 1-24-2013, 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
