Investors hope to convert excess office space into residential rentals and fee-simple housing, hotels, educational space, retail, activity centers, food and beverage venues, and community services like dog parks and senior care.
Three months after the world’s largest retailer pulled out of Honolulu’s central business district, negotiations are pending to buy Walmart’s former downtown site.
Downtown Honolulu is facing headwinds but commercial real estate experts say it still has competitive advantages. Pacific Business News editor-in-chief A. Kam Napier has more.
Foot traffic in downtown Honolulu is nowhere near its pre-Covid levels. Commercial real estate executives say that’s having a broader impact. PBN editor in chief A. Kam Napier has more.
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