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HCDA board hears early brief on proposal to transition Kakaʻako district to City and County of Honolulu
Summary
The Hawaiʻi Community Development Authority received an informational briefing on a legislative proposal to transition the Kakaʻako Community Development District to the City and County of Honolulu, with board members raising questions about timing, asset transfers, zoning and funding.
The Hawaiʻi Community Development Authority received an informational briefing April 2 on a legislative proposal to transition the Kakaʻako Community Development District to the City and County of Honolulu.
The briefing was presented by Craig Nakamoto, executive director of the Hawaiʻi Community Development Authority, who said staff brought the topic to the general authority board "for information" after the proposal surfaced as an amendment to Senate Bill 534 during the legislative session.
The board was told the proposal, as drafted during the session, would sunset or transition Kakaʻako in five years. Nakamoto said the amendment did not advance in the final bill but that some legislators continue to favor transitioning the district. He said transitioning one district could free HCDA capacity to focus on other state transit-oriented development work.
Board members…
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