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.
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.
