When it comes to the Honolulu rail project, delays and cost overruns have irked taxpayers and elected official alike, resulting in debates about ending the project at Middle Street instead of Ala Moana. Eliminating the critical City Center segment, however, would substantially reduce the project’s public benefits.
Hawaii impact investment firm Ulupono Initiative today released the findings of its P3 Viability Assessment for the Honolulu Rail Transit Project. The comprehensive analysis, carried out by global infrastructure finance leader Jones Lang LaSalle (JLL), was initiated to help the City and County of Honolulu, State of Hawaii, and the Honolulu Authority for Rapid Transportation (HART) determine whether potential alternative finance and delivery structures, such as Public-Private Partnerships (P3), could help bridge the funding gap and/or be leveraged to finalize the project in a timelier and more cost-effective manner.
Eight key organizations have agreed to collaborate on electrification of ground transportation in Hawai‘i as an essential part of achieving the state’s clean energy goals.
Drive Electric Hawai‘i seeks to accelerate adoption of electric vehicles through coordinated collaboration, and to make it easier to expand vehicle-charging infrastructure in a way that brings more renewable energy onto the electric grid.
Gov. David Ige’s stated goal to double Hawaii’s local food production by 2030 is a key commitment toward tackling an issue that has been growing in importance for decades — our state’s increasing reliance on imports. Policymakers and consumers are critical to create a more favorable environment for farmers to produce food and reduce prices.