
HART eyes Iwilei, Kakaako properties to condemn for rail
GOOGLE MAPS Properties that the Honolulu Authority for Rapid Transportation is considering for eminent domain : 560 Halekauwila St.
1 /4 GOOGLE MAPS Properties that the Honolulu Authority for Rapid Transportation is considering for eminent domain : 560 Halekauwila St.
GOOGLE MAPS Properties that the Honolulu Authority for Rapid Transportation is considering for eminent domain : 576 Halekauwila St.
2 /4 GOOGLE MAPS Properties that the Honolulu Authority for Rapid Transportation is considering for eminent domain : 576 Halekauwila St.
GOOGLE MAPS Properties that the Honolulu Authority for Rapid Transportation is considering for eminent domain : 1956 Dillingham Boulevard.
3 /4 GOOGLE MAPS Properties that the Honolulu Authority for Rapid Transportation is considering for eminent domain : 1956 Dillingham Boulevard.
GOOGLE MAPS Properties that the Honolulu Authority for Rapid Transportation is considering for eminent domain : 609 Keawe St.
4 /4 GOOGLE MAPS Properties that the Honolulu Authority for Rapid Transportation is considering for eminent domain : 609 Keawe St.
GOOGLE MAPS Properties that the Honolulu Authority for Rapid Transportation is considering for eminent domain : 560 Halekauwila St.
GOOGLE MAPS Properties that the Honolulu Authority for Rapid Transportation is considering for eminent domain : 576 Halekauwila St.
GOOGLE MAPS Properties that the Honolulu Authority for Rapid Transportation is considering for eminent domain : 1956 Dillingham Boulevard.
GOOGLE MAPS Properties that the Honolulu Authority for Rapid Transportation is considering for eminent domain : 609 Keawe St.
Four downtown area properties are being eyed for condemnation by the Honolulu Authority for Rapid Transportation.
The HART board of directors today is expected to review a request for approval to notify the City Council on the rail agency's intent to acquire three Kakaako properties, due to their proximity to the planned Civic Center Guideway and Stations project.
The Civic Center station, scheduled to open to the public by 2031, is slated for construction near Halekauwila and South streets. The station will serve Kakaako, Makiki, Ward and outlying residential areas, the rail agency states.
A fourth property, in Iwilei between Puuhale Road and Mokauea Street, is also being considered for condemnation along that segment of city rail.
'The HART board is currently considering to acquire by eminent domain portions of four properties in this area, ' Joey Manahan, HART's government relations and public involvement director, told the Honolulu Star-Advertiser via email Thursday.
The properties in question include :
Don 't miss out on what 's happening !
Stay in touch with breaking news, as it happens, conveniently in your email inbox. It 's FREE !
Email 28141 Sign Up By clicking to sign up, you agree to Star-Advertiser 's and Google 's and. This form is protected by reCAPTCHA.—560 Halekauwila St., owned by architecture firm Design Partners Properties No. 5 LLC.—609 Keawe St., owned by Bank of Hawaii, trustee for the Katherine McGrew Cooper Trust.—576 Halekauwila St., owned by Goodwill Kakaako Center LLC and Big Brothers Big Sisters Hawaii Properties LLC.—1956 Dillingham Blvd., owned by Gerald Je Chul Kang and Kloe Sookhee Kang.
On Thursday, Goodwill representatives told the Star-Advertiser the property being sought largely consists of a parking lot at its new executive headquarters in Kakaako.
They stated the parcel, adjacent to 571 Quinn Lane, was co-purchased at the end of 2024 with Big Brothers Big Sisters Hawaii and was intended to have joint use by both nonprofits.
According to a recent Goodwill news release, the two combined properties 'provide ample parking and 14, 000 square feet of interior space that will serve as offices, classrooms and large multi-purpose rooms for Goodwill Hawaii's at-risk youth and adults with intellectual disabilities programs and Big Brothers Big Sisters Hawaii's youth mentoring programs.'
Goodwill Hawaii President and CEO Katy Chen expressed frustration over HART's potential actions to take her nonprofit organization's property.
'Goodwill Hawaii recently acquired a new headquarters for its Hawaii operations, ' Chen said in a statement to the Star-Advertiser. 'HART's intended condemnation of part of Goodwill's properties will impact operations and will inconvenience staff during construction and operation of the rail project.'
'Goodwill intends to assure it is fully compensated for its land lost to the rail project and for its damages, ' she added.
Gerald Je Chul Kang, a real estate agent and co-owner of the parcel at 1956 Dillingham Blvd., told the Star-Advertiser he also objected to the rail's proposed condemnation of his property.
'We are going to be at the meeting ' in opposition, Kang said, adding he was worried about liability issues related to a property he owns with his wife.
Bank of Hawaii and Design Partners Properties could not be immediately reached for comment.
To deliberate on these proposed eminent domain actions, the board may enter into a closed-door executive session for each of these properties.
In a report to the board, HART staff indicate the agency 'requires a fee simple interest in a portion of the subject properties to accommodate the placement of guideway straddle bent columns along Halekauwila Street.'
The amount of just compensation for each property has been determined, according to the 1970 federal law, the Uniform Relocation Assistance and Real Property Acquisition Policies Act, the agency's report states.
'HART provided an offer to acquire a fee simple interest in a portion of each of the properties, ' the report reads. 'Two of the owners have rejected HART's offer. The third has not responded to the offer.'
The property owners, according to HART staff, have been given a reasonable time to consider the offers.
'In order to adhere to the CCGS construction schedule, it is necessary to refer the properties to condemnation, ' the staff report states.
However, 'efforts will be made to continue negotiations with each owner with the goal of reaching an amicable and reasonable settlement, ' the report says.
Upon approval of the resolutions, HART will inform the City Council of its intent to acquire each property by eminent domain, the report indicates.
If adopted, the Council has 45 days to approve or object to condemnation by adoption of a resolution of the notification to acquire the properties.
Upon approval or no action by the Council, the HART board will then be requested to approve each resolution authorizing the acquisition of the property by eminent domain, the rail agency report says.
In other HART business, the board is expected to receive a brief update on House Resolution 37, which formally requested HART extend Skyline beyond its station in East Kapolei, to West Oahu.
As drafted, HR 37 contended the rail line 'does not adequately serve the growing communities of Nanakuli, Ko Olina, Maili ' and other spots along the Waianae Coast. But Manahan confirmed that the measure—co-introduced by Rep. Darius Kila (D, Nanakuli-Maili )—failed to receive legislative support in 2025.
'HR37 is a non-binding resolution that was not adopted by the full House of Representatives, and is 'dead' for the session, ' he explained.
The HART board meeting is set to begin at 9 :30 a.m. at Alii Place, 1099 Alakea St., Suite 150.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
32 minutes ago
- Yahoo
Methanex Corporation Receives Regulatory Approval for the Acquisition of OCI Global's Methanol Business
VANCOUVER, British Columbia, June 12, 2025 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (Nasdaq:MEOH) announced today that the regulatory review period under the U.S. Hart-Scott-Rodino Antitrust Act has lapsed. Accordingly, all regulatory approvals required for Methanex to close its previously announced acquisition of OCI Global's international methanol business have been obtained. The transaction is expected to close on June 27, 2025, and remains subject to the satisfaction of customary closing conditions. "We are pleased to have received regulatory clearance and look forward to closing the transaction and welcoming new team members to Methanex." said Rich Sumner, President and CEO of Methanex. "Given our extensive integration planning, we expect to move quickly upon closing to deliver the strategic benefits of this acquisition." Methanex is a Vancouver-based, publicly traded company and is the world's largest producer and supplier of methanol globally. Methanex shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol 'MX' and on the Nasdaq Stock Market in the United States under the trading symbol 'MEOH'. Methanex can be visited online at InquiriesSarah HerriottDirector, Investor RelationsMethanex Corporation 604-661-2600 or Toll Free: Forward Looking Statements This First Quarter 2025 Management's Discussion and Analysis ("MD&A") as well as comments made during the First Quarter 2025 investor conference call contain forward-looking statements with respect to us and our industry. These statements relate to future events or our future performance. All statements other than statements of historical fact are forward-looking statements. Statements that include the word "expects," or other comparable terminology and similar statements of a future or forward-looking nature identify forward-looking statements. More particularly and without limitation, any statements regarding the following are forward-looking statements: anticipated closing date of the OCI acquisition and the expected benefits of the OCI acquisition, including benefits related to expected synergies and commodity diversification, anticipated synergies and Methanex's ability to achieve such synergies following closing of the OCI acquisition, and expected increase in methanol production of assets to be acquired as part of the OCI acquisition. We believe that we have a reasonable basis for making such forward-looking statements. The forward-looking statements in this document are based on our experience, our perception of trends, current conditions and expected future developments as well as other factors. Certain material factors or assumptions were applied in drawing the conclusions or making the forecasts or projections that are included in these forward-looking statements, including, without limitation, future expectations and assumptions concerning the following: future expectations and assumptions concerning the receipt of all regulatory approvals required to complete the OCI acquisition, and Methanex's ability to realize the expected strategic, financial and other benefits of the OCI acquisition in the timeframe anticipated or at all. However, forward-looking statements, by their nature, involve risks and uncertainties that could cause actual results to differ materially from those contemplated by the forward-looking statements. The risks and uncertainties primarily include those attendant with producing and marketing methanol and successfully carrying out major capital expenditure projects in various jurisdictions, including, without limitation: failure to complete the OCI acquisition in accordance with the material terms of the OCI acquisition agreement or at all, failure to close the OCI acquisition credit facility, unforeseen difficulties in integrating the business operations or assets purchased pursuant to the OCI acquisition into our business and operations, failure to realize the expected strategic, financial and other benefits of the OCI acquisition in the timeframe anticipated or at all, and unexpected costs or liabilities associated with the OCI acquisition. Having in mind these and other factors, investors and other readers are cautioned not to place undue reliance on forward-looking statements. They are not a substitute for the exercise of one's own due diligence and judgment. The outcomes implied by forward-looking statements may not occur and we do not undertake to update forward-looking statements except as required by applicable securities in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Hamilton Spectator
3 hours ago
- Hamilton Spectator
Methanex Corporation Receives Regulatory Approval for the Acquisition of OCI Global's Methanol Business
VANCOUVER, British Columbia, June 12, 2025 (GLOBE NEWSWIRE) — Methanex Corporation (TSX:MX) (Nasdaq:MEOH) announced today that the regulatory review period under the U.S. Hart-Scott-Rodino Antitrust Act has lapsed. Accordingly, all regulatory approvals required for Methanex to close its previously announced acquisition of OCI Global's international methanol business have been obtained. The transaction is expected to close on June 27, 2025, and remains subject to the satisfaction of customary closing conditions. 'We are pleased to have received regulatory clearance and look forward to closing the transaction and welcoming new team members to Methanex.' said Rich Sumner, President and CEO of Methanex. 'Given our extensive integration planning, we expect to move quickly upon closing to deliver the strategic benefits of this acquisition.' Methanex is a Vancouver-based, publicly traded company and is the world's largest producer and supplier of methanol globally. Methanex shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol 'MX' and on the Nasdaq Stock Market in the United States under the trading symbol 'MEOH'. Methanex can be visited online at . Inquiries Sarah Herriott Director, Investor Relations Methanex Corporation 604-661-2600 or Toll Free: 1-800-661-8851 Forward Looking Statements This First Quarter 2025 Management's Discussion and Analysis ('MD&A') as well as comments made during the First Quarter 2025 investor conference call contain forward-looking statements with respect to us and our industry. These statements relate to future events or our future performance. All statements other than statements of historical fact are forward-looking statements. Statements that include the word 'expects,' or other comparable terminology and similar statements of a future or forward-looking nature identify forward-looking statements. More particularly and without limitation, any statements regarding the following are forward-looking statements: We believe that we have a reasonable basis for making such forward-looking statements. The forward-looking statements in this document are based on our experience, our perception of trends, current conditions and expected future developments as well as other factors. Certain material factors or assumptions were applied in drawing the conclusions or making the forecasts or projections that are included in these forward-looking statements, including, without limitation, future expectations and assumptions concerning the following: However, forward-looking statements, by their nature, involve risks and uncertainties that could cause actual results to differ materially from those contemplated by the forward-looking statements. The risks and uncertainties primarily include those attendant with producing and marketing methanol and successfully carrying out major capital expenditure projects in various jurisdictions, including, without limitation: Having in mind these and other factors, investors and other readers are cautioned not to place undue reliance on forward-looking statements. They are not a substitute for the exercise of one's own due diligence and judgment. The outcomes implied by forward-looking statements may not occur and we do not undertake to update forward-looking statements except as required by applicable securities laws.


Associated Press
4 hours ago
- Associated Press
OCI Global Receives U.S. Regulatory Approval for the Sale of its Global Methanol Business to Methanex Corporation
AMSTERDAM, June 12, 2025 /CNW/ -- OCI Global (Euronext: OCI), ('OCI', the 'Company') today announced that the regulatory review period under the U.S. Hart-Scott-Rodino Antitrust Act has concluded with respect to the sale of 100% of its equity interests in its Global Methanol Business ('OCI Methanol') to Methanex Corporation (TSX: MX) (Nasdaq: MEOH) ('Methanex'), (the 'Transaction'). All regulatory approvals required for the closing of the Transaction have now been obtained and the Transaction is expected to close on 27 June 2025 subject to customary closing conditions. Transaction details 2033 Notes Tender offer As previously announced, OCI is required to launch a tender offer for its U.S.$ 600,000,000 6.700 per cent Notes due 2033 (the 'Bonds') within five business days of the successful closing of the Transaction. The tender offer will be on customary terms and offer a price of 110.75% of par, plus accrued and unpaid interest. This press release contains or may contain inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation. About OCI Global Learn more about OCI at You can also follow OCI on LinkedIn. About OCI Methanol OCI Methanol is a leading methanol producer in the US and through OCI HyFuels, a leading producer and distributor of green methanol today. OCI Methanol's total productive capacity comprises the following assets: OCI Methanol's assets are in highly strategic and developed market locations across the United States and Europe with extensive distribution and storage capabilities near major industrial demand centres and key bunkering hubs. The assets in the United States have access to stable and low-cost USGC natural gas, enabling first quartile cost curve positions. OCI HyFuels is a pioneering first-mover in providing the road, marine, power, and industrial sectors with renewable and low-carbon fuel alternatives to meet evolving regulatory requirements. The business includes the production and distribution of green methanol, bio-MTBE, renewable natural gas, and ethanol. Methanol and ammonia are key enablers of the hydrogen economy and the most logical hydrogen fuels, key to decarbonizing hard to abate industries including marine. About Methanex Methanex is a Vancouver-based, publicly traded company and is the world's largest producer and supplier of methanol globally. Methanex shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol 'MX' and on the Nasdaq Stock Market in the United States under the trading symbol 'MEOH.' Methanex can be visited online at View original content: SOURCE OCI Global