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Transit Oriented Community Based Economic Development (Transit Oriented CBED) - Phase II
Central Kaka’ako is known for its many small service industrial uses, mostly in small lots, many of which are owned by the businesses that occupy them, and in lots owned by large landowners, namely General Growth Properties (GGP) and Kamehameha Schools /Bishop Estate (KS/BE). Displacement of existing small businesses is likely to occur, especially on lands held by large single landowners that are slated and approved for significant development. For small business owners, the redevelopment of surrounding areas of Kaka’ako and proposed high capacity transit system passing through Central Kaka’ako pose many challenges to survival of this industrial district. In a random survey in Phase I of Transit Oriented CBED, the small business owners expressed a desire to remain in the district despite rising property taxes and lease rents because the location is convenient for their customers.
The contents in Chapter II: Central Kaka’ako-Economic engine of the city are:
Analysis of Draft Environmental Impact Statement (DEIS) for revised Kaka‘ako Mauka Area Plan (KMAP) Significance to Central Kaka‘ako Potential impacts Street classification system Shared off-street parking facilities Incentives for redevelopment of small lots Unresolved issues concerning financing of Improvement District Lack of proactive measures for retention of Industrial uses Proposed proactive measures Industrial and small business retention program Alternatives to the ID assessment method
Analysis of large landowner (General Growht Properties (GGP) and Kamehameha School / Bishop Estate (KS/BE)) master plans Significance to Central Kaka‘ako Potential impacts Direct displacement of industrial use Disruption of business activity during construction Alteration of traffic pattern and parking and loading supply Long term economic pressures on Existing Business Proposed proactive measures Follow proposed street pattern and classification of revised KMAP Require major landowners to incorporate light industrial uses Property tax relief for small industrial business Enterprise Zone/Partnership Program
Analysis of Draft Environmental Impact Statement (DEIS) for proposed high-capacity transit system Significance to Central Kaka‘ako Potential impacts Access, parking and loading along Halekauwila Street and Kona Street Property acquisition Economic impacts of construction and rise in real estate values Proposed proactive measures Move transit alignment to Kapi‘olani Boulevard Economic relief during construction or relocation period Joint use of transit Right Of Way and/or land pooling to create relocation sites
What would be your recommendation(s) if we start work today? These are some comments from November 30 meeting: • Tax Increment Financing is controlled by city but improvements are made by state…so reimbursement? • Percentage is not only issue - dollar amount matters; can have a cap • Transit can make things dirty (e.g. Chicago and other large cities) • With long hours of transit operation, there would be noise issues • Kapi’olani corridor is preferred • This is a loose planning system. Does not connect with the proposed transit plans; its implication. • There are issues with moving/removing trees • How does changing traffic pattern on Pi’ikoi keep pedestrians safer? • Keep community as green as possible. Please continue with your comments: |

