03-08-2007, 02:05 PM
I think the concept is that by making lucrative leases on commercial land, they will make money to increase the budget for putting Native Hawaiians on land and/or in homes. (At least that's how it's supposed to work.)
The comparative speed with which the commercial and/or military buildings go up is due to well-financed construction management by the tenant after the lease is executed. As I understand it, construction is not done by DHHL, or it would probably take longer.
Also, the commercial leasing thing develops its own momentum. Once a DHHL area has large-scale commercial development, it is less attractive for residential use, thus engendering more commercial.
As far as WalMart's plans go, it will certainly shake up the local grocery business if they do indeed build a Supercenter or Sam's Club. Should be very interesting to see how those opposed try to block it.
Cheers,
Jerry
The comparative speed with which the commercial and/or military buildings go up is due to well-financed construction management by the tenant after the lease is executed. As I understand it, construction is not done by DHHL, or it would probably take longer.
Also, the commercial leasing thing develops its own momentum. Once a DHHL area has large-scale commercial development, it is less attractive for residential use, thus engendering more commercial.
As far as WalMart's plans go, it will certainly shake up the local grocery business if they do indeed build a Supercenter or Sam's Club. Should be very interesting to see how those opposed try to block it.
Cheers,
Jerry