06-10-2017, 12:22 PM
http://www.bigislandvideonews.com/2017/0...ill-close/
Sounds like a lot of back room deep pocket deals to me.
Sounds like a lot of back room deep pocket deals to me.
Pagoda Hilo Bay Hotel Will Close
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06-10-2017, 12:22 PM
http://www.bigislandvideonews.com/2017/0...ill-close/
Sounds like a lot of back room deep pocket deals to me.
06-10-2017, 01:03 PM
Stick a fork in it: It's done. The perfect storm of aging buildings, leasehold, and government bureaucracy doomed that property a decade ago. I'm surprised it lasted as long as it did. We'll have to wait and see what kind of shenanigans happens next... Don't get the popcorn just yet. It will take another decade to find out.
06-11-2017, 05:15 AM
Agreed TC. That dump is about 20 years late for the wrecking ball.
We should start a pool betting on 1) how long the demo will be and 2) how long the new construction will take!
06-11-2017, 05:49 AM
That dump is about 20 years late for the wrecking ball.
"Good riddance." 1) how long the demo will be If not challenged by Protectors, leaseholders, etc: 2 years. Otherwise: minimum 5 years. 2) how long the new construction will take From start of permitting until occupancy: 8-10 years. |
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