Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Commission approves Kalaeloa motorsports project; developer‑department project developer agreement cleared after executive session
Summary
The Hawaiian Homes Commission voted to approve a project developer agreement with Legacy Ventures LLC to develop a motorsports and mixed‑use facility on ~139 acres in Kalaeloa, Oahu, authorizing the chair to finalize and execute the PDA subject to legal and technical comments.
The Hawaiian Homes Commission approved a negotiated project developer agreement (PDA) with Legacy Ventures LLC on Sept. 15 to develop a motorsports‑oriented industrial and mixed‑use complex on a 139.3‑acre DHHL parcel in Kalaeloa (TMK cited in the submittal). The project includes a road course, drag strip, skid pad for driver training, commercial and industrial space and a multi‑use entertainment venue, and will be governed by a PDA and an eventual DHHL general lease.
Russell Ka‘upu, DHHL property development agent, said the PDA was negotiated under section 220.5 of the Hawaiian Homes Commission Act and followed a public RFQ/RFP process. He described a long due‑diligence window (three years, extendable for good cause) and a 48‑month substantial‑completion construction target. The developer will perform…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
