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Honolulu Rail: Construction on Next Phase to Begin Next Year |

NEWS

October 8, 2024

Honolulu Rail: Construction on Next Phase to Begin Next Year

The Honolulu Authority of Rapid Transportation (HART) has given the green light for the next phase of the city’s ambitious rail project, known as Skyline. The new segment, dubbed the City Center Guideway, will span three miles and include six stations, connecting Downtown Honolulu to Kakaako.

Construction is expected to start in late 2025 and wrap up by 2030.

The Honolulu rail project has faced significant cost overruns, exceeding its initial budget by billions. Factors contributing to these overruns include unexpected construction challenges, rising material costs, and changes in project scope. Despite these setbacks, the project is still expected to positively impact real estate values and assist residents and visitors with traveling and commuting across Oahu.

The new rail line is expected to have a significant impact on real estate values in the areas it serves. Demand for properties in these neighborhoods is likely to increase alongside the useability of the Skyline rail. This could lead to higher prices and a more competitive market for certain neighborhoods or condominium projects.

For more information on the Honolulu rail project and its potential impact on real estate, please contact Sachi Hawaii:
(808) 596-8801 | info@sachihawaii.com

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