Shimogawa Scoops

A new Veterans Affairs facility aimed at alleviating Hawaii's worst wait times in the nation may be coming to West Oahu, according to public documents. In a report released by the Hawaii Community Development Authority earlier this month, the state agency, which regulates development in the West Oahu town of Kalaeloa, revealed plans for such a project. The HCDA's staff held a teleconference with Honolulu architecture firm Ferraro Choi & Associates Ltd. regarding the design of a new Veterans facility at the former Barbers Point Naval Air Station that borders Kapolei. Several years ago, VA Pacific Islands Health Care System had plans to build a 160,000-square-foot VA clinic in West Oahu, which had been approved by the federal government. The "Advance Leeward Outpatient Healthcare Access" center or ALOHA project had been stuck in the middle of several other similar projects across the country. It would've been about twice the size of the Spark M. Matsunaga

The Hilton Hawaiian Village Waikiki Beach Resort, the largest hotel in Hawaii, may be getting even bigger as its owner has recently entered into contracts to buy three parcels of land near its iconic 2,860-room resort, according to public documents. In its first quarter earnings report, Park Hotels & Resorts Inc., a real estate investment trust spun off by Hilton Worldwide Holdings Inc., revealed that in April, it entered into two contracts for the purchase of three parcels of land near its Hilton Hawaiian Village hotel. One of the contracts involves purchasing one of the parcels for $10 million. This deal is expected to close in the fourth quarter, the trust said. Park Hotels also has an option to buy two more parcels, owned by a different seller, for $15 million. The trust said the contracts required a total deposit of less than $1 million, and that the initial option period on the second contract is one year and may be extended for up to four more years. In earlier public

Aloha and welcome to my blog! I am eager to share scoops and exclusive news of Hawaii's important commercial real estate/development industry. Stay tuned!