Thursday, February 19, 2004

City OKs lot’s sale
to car dealership

The City Council approved yesterday the $10.5 million sale of the downtown municipal parking lot known as Block J to a company that wants to put a Honda car dealership on the site.

City & County of Honolulu

The Council voted 8-1 to sell the 103,000-square-foot parking lot, bordered by Pali Highway and Beretania, Queen Emma and Kukui streets, to Pflueger Group LLC. The city put the lot up for sale last year for $15 million.

Councilwoman Barbara Marshall was the lone "no" vote. She said she was concerned that the approvals were being rushed through and that the city was losing $370,000 in parking revenue and valuable parking spaces.

But other Council members said that although they had concerns, approval of the sale was necessary to balance the city budget.


E-mail to City Desk


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