Swinerton In the News

Swinerton Builders Hawaii: February 08, 2014

Hawaii Pacific University tells Aloha Tower tenants to move out in March

Hawaii Pacific University, plans to spend $30 million to redevelop the Aloha Tower Marketplace in Downtown Honolulu.

Hawaii Pacific University, which plans spend $30 million to redevelop the Aloha Tower Marketplace in Downtown Honolulu into student dormitories along with retail, restaurant spaces as well as other school uses, has told 17 tenants they must leave by March 17 as changes take place at the 160,000-square-foot complex, a university spokesman told PBN.

The 17 tenants were on short-term leases; four other tenants are staying, including The Cab, Gordon Biersch, the Star of Honolulu and Hooters, the spokesman said.

The Aloha Tower Marketplace, which has suffered from poor tenancy for years, is expected to be done with its transformation in time for the student dorms to be occupied this fall.

HPU, the largest private university in the state, has selected Swinerton Builders and Group 70 International to work on the project.

As of this past week, no building permits have been filed for the marketplace.

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http://www.bizjournals.com/pacific/news/2014/02/08/hawaii-pacific-university-tells-aloha.html