Max Rodriguez wrote an article in KHON2 news about the proposed project by Ikenakea Development. The proposal is for a 15 floor hotel in the Chinatown neighborhood of Honolulu.
Here is an excerpt from the article from KHON2 from July 7, 2021.
HONOLULU (KHON2) — Developers are proposing to build a 15-story hotel in a Chinatown parking lot located on 120 Nimitz Highway. They said it could help grow the economy in the area.
Behind the proposed project is Ikenakea Development, which envisions more than 200 rooms for the hotel. Christopher Flaherty, a partner of the plan, said they estimate the hotel’s construction to cost upwards of $145 million.
“We feel this is right for this particular piece of property and will bring much needed economic activity into Chinatown,” Flaherty said. “We’re anticipating all things go our way, and the community supports it, and they feel will work in this location. We figure we could probably break ground within four years from now, three- to four years roughly.”