August 29, 2014

Honolulu light rail could generate $20B

A rendering of the proposed Honolulu airport station.

A rendering of the proposed Honolulu airport station.
HONOLULU — In advance of the launch of its $5.2 billion light rail project currently under construction, the City of Honolulu is projecting that transit oriented development (TOD) around the project could generate $20 billion more in projects over the decades, according to Hawaii News Now.

With expansion of the initial project planned, TOD could be the largest construction boom since statehood, exceeding the $18 billion Japanese investment bubble of the late 1980s and 1990s. For the full story, click here.

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