Howard Hughes has secured two construction loans worth more than $372M for the development of the Ae'o and Ke Kilohana mixed-use projects in Ward Village in Honolulu, Hawaii.
A joint venture (JV) of Shimmick Construction, Traylor Bros., and Granite Construction has won an $875M contract from the Honolulu Authority for Rapid Transportation (HART) to build the elevated guideway and stations around the Honolulu International Airport.The JV will be responsible for the design and construction of 8.4km of elevated guideway and four stations from the airport to Middle Street.All the participants in the JV are mainland-based construction companies. HART’s executive director and CEO Dan Grabauskas said the group’s final proposal of $875M was the “best value” of the three analysed by HART.Construction on the airport’s part of the guideway is set to commence in six months.
The Hawaii Department of Transportation (HDOT) Airports Division has broken ground on the new Consolidated Rent-A-Car (Conrac) facility at Kahului Airport, Maui.The cost of the Maui Conrac facility is approximately $340m, which is part of the $2.7bn statewide Modernization Program that is aimed at improving facilities at airports around the state of Hawaii.Hawaiian Dredging Construction Company is the lead contractor of the project and design team is being led by Demattei Wong Architects.Kahului Airport rents an average of 2,200 cars daily. The Conrac will house more than a dozen rental car companies in one location close to the main terminal. The new Conrac will be a three-level structure comprising rental car offices, customer service counters, ‘ready and return’ rental car spaces, and Quick-Turn-Around (QTA) areas with fuel and car wash facilities to service rental car fleets.There will be nearly 3,800 parking stalls for the rental car companies and another 700 dedicated to employee parking.Maui Conrac's new electric tram built on a rail system will eventually be powered by solar energy, which will help the airport reduce its overall carbon footprint. It will also minimise congestion around the airport. The facility will be accessible through a new road that will extend from the Hana Highway to the Airport Loop Road. The facility's decorative feature elements will also serve as an irrigation reservoir with non-potable water for landscaped areas. The reservoir will contain nearly 140,000 gallons of non-potable water that will be filtered to eliminate particles and will prevent clogging the system. This also means more potable water will be available for the community.Maui Conrac will be completed in approximately three and a half years. It will employ more than 200 people on the site and a total industry employment of more than 500 jobs.The project is being exclusively funded by a Customer Facility Charge, which consists of a daily charge of $4.50 to those who rent a car.