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FOR IMMEDIATE RELEASE
Release No. M-77-07
MAYOR HANNEMANN AND KAPOLEI PROPERTY DEVELOPMENT ANNOUNCE $172-MILLION INITIATIVE
FOR PUBLIC INFRASTRUCTURE PROJECTS IN KAPOLEI
Mayor Hannemann said, “Kapolei is growing exponentially and it is clear that infrastructure must keep pace with Kapolei’s rapid development. Kapolei residents are already experiencing some of the growing pains, but that could quickly reach a crisis point. It’s a situation that needs to be addressed sooner rather than later.
“In the spirit of a public-private partnership that my administration embraces, I have worked with Kapolei’s master developer, Kapolei Property Development, to find a way to build the infrastructure and build it quickly. The Department of Planning and Permitting and Kapolei Property Development will utilize a modified third-party review process that we anticipate will result in the timely completion of these improvements. The Planning Department will also be working with Kapolei Property Development to identify the most critical infrastructure needs to be addressed.
“I’m pleased to say that, as always, Kapolei Property Development has gone above and beyond the call by pledging to fund and manage the design and construction of $172 million in public infrastructure projects. In addition, Kapolei Property Development has promised to make an early conveyance of 5.3 acres of land it is contributing to the City for an integrated bus and transit facility along the planned transit route on
“The importance of the transit land dedication cannot be overstated. Ultimately, it will be a multimodal transit station incorporating the fixed guideway, the bus, and parking, along with community services. In the short-term, the site could serve as a park-and-ride facility for the bus or a connection to the initial phase of the fixed guideway. It is vital we provide this connection for residents of Makakilo, Kapolei, and the
“Mayor Hannemann’s vision and leadership make it possible to find innovative ways to serve the public better,” said Brad Myers, president of Kapolei Property Development. “No other private company in
Of the $172 million:
§ $124 million will be spent on building and improving nearly five miles of roadways in and around the City of
§ $25 million will be spent on constructing a new regional drainage system and improving an existing regional drainage channel.
§ $16 million will be used to build more than three miles of new regional sewer lines and a sewage pumping station.
§ $7 million will be used to construct two new regional water reservoirs that will serve the Kapolei area.
This commitment will bring to $381 million the amount Kapolei Property Development will have invested in Kapolei, including roadways and other public facilities.
Kapolei Property Development is an affiliate of the James Campbell Company with a focus on the development of the City of
Contact: Theresia McMurdo, Kapolei Property Development
674-3122 or 227-9225 (mobile)
Bill Brennan, Mayor’s Office, 527-6928
|Wednesday, August 01, 2007|