MCAS Ewa Field Hawaii
Posted: Mon Jun 23, 2008 9:46 am
Navy Land Swap Deal With Hunt Development opens up Historic December 7, 1941 Battlefield for Destruction!
Nina Wu, HONOLULU STAR BULLETIN :
"With the expected transfer of 499 acres of U.S. Navy land in Kalaeloa to Ford Island Properties LLC, a master plan drafted by a state agency charged with redeveloping the area may have little influence over its future."
"The Kalaeloa master plan, adopted in 2006 by the Hawaii Community Development Authority, took years to put together."
"But Ford Island Properties -- a partnership between Hunt Development Co. and Fluor Federal Services -- is poised to take over fee simple ownership of the
lands without being held to that master plan."
"Ford Island Properties agreed to take the Kalaeloa lands, formerly Barber's Point Naval Air Station (appraised at $75 million) in exchange for its
leasehold interest in 40 acres on Ford Island (appraised at $61 million),along with $16.6 million in improvements there, and 4.9 acres at Iroquois
Point."
"The deal is expected to close by July"
http://www.december7.com/1941/Save_Ewa_Field/index.html
Nina Wu, HONOLULU STAR BULLETIN :
"With the expected transfer of 499 acres of U.S. Navy land in Kalaeloa to Ford Island Properties LLC, a master plan drafted by a state agency charged with redeveloping the area may have little influence over its future."
"The Kalaeloa master plan, adopted in 2006 by the Hawaii Community Development Authority, took years to put together."
"But Ford Island Properties -- a partnership between Hunt Development Co. and Fluor Federal Services -- is poised to take over fee simple ownership of the
lands without being held to that master plan."
"Ford Island Properties agreed to take the Kalaeloa lands, formerly Barber's Point Naval Air Station (appraised at $75 million) in exchange for its
leasehold interest in 40 acres on Ford Island (appraised at $61 million),along with $16.6 million in improvements there, and 4.9 acres at Iroquois
Point."
"The deal is expected to close by July"
http://www.december7.com/1941/Save_Ewa_Field/index.html