Developer gets funding for $135M Kauai Coco Palms redevelopment

The Hawaii developers seeking to redevelop the iconic Coco Palms Resort into a new Hyatt-branded hotel have assured Kauai County officials they have sufficient funding in escrow and the ability to close on the financing of the $135 million project, the county and the developer confirmed to PBN.

Honolulu-based Coco Palms Hui LLC, which is headed by Chad Waters and Tyler Greene, went before the Kauai County Planning Commission on Monday to present an update on the East Kauai project.

Mike Dahilig,…

Here’s how much Skanska-Hunt was paid to walk away from the $1.4B convention center job

Newly released documents show that the Washington State Convention Center is paying $7.8 million to Skanska-Hunt, the general contractor that was fired from the $1.44 billion convention center expansion project.

Late last month, the two sides announced that they had resolved their disagreement, but did not release the settlement’s financial details. The Puget Sound Business Journal obtained the information Monday after requesting it through the state Public Records Act.

Nearly $3.4 million is for…

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