Haw. Code R. § 19-170-46

Current through November, 2024
Section 19-170-46 - Selection criteria

In selecting qualified persons to be the developer-lessee of all or any part of the Aloha Tower complex, the development corporation, through its board, shall be guided by the following criteria:

(1) Qualifications of developer-lessee:
(A) Developer experience:
(i) Major urban projects involving:
(a) Hotel developments;
(b) Office buildings and complexes;
(c) Retail facilities and centers;
(d) Recreation/entertainment uses with large public open spaces;
(e) Waterfront locations.
(ii) Success of comparable undertakings related to the following:
(a) Economic success (high occupancy, high quality-tenancies, favorable refinancing experience, etc.);
(b) Overall design quality;
(c) Successful operation in urban and waterfront settings, with emphasis on quality maintenance.
(iii) Working relationships with and personal contacts with major hotel operators;
(iv) Timeliness of performance;
(v) Demonstrated ability to undertake redevelopment projects and to respond to public objectives.
(B) Management experience of the key use categories:
(i) Success of major projects involving one or more similar uses;
(ii) Experience in operating developments in urban settings;
(iii) Success in achieving high quality project maintenance standards.
(C) Project architecture and design experience:
(i) Major mixed-use projects;
(ii) Waterfront projects;
(iii) Projects in urban settings;
(iv) Overall architectural and landscape design quality;
(v) Joint public/private projects.
(D) Financial capability of developer:
(i) Ability to raise equity/debt funds including current relationship with major lenders;
(ii) Ability to provide for operation and maintenance;
(iii) Resources and tenacity ("staying power").
(E) Organization/management approach:
(i) Clear lines of responsibility within the developer's organization that the development corporation can rely on to be responsive and effective;
(ii) Track record in real estate development;
(iii) Availability of a full-time representative of the developer in Honolulu during the development of the project.
(F) Qualifications of key personnel: Qualifications and experience of key persons and entities associated with the developer.
(G) Other factors as appropriate for specific development information submitted.
(2) Merits of proposal:
(A) Fulfillment of and responsiveness to project objectives as outlined in § 19-170-38 above;
(B) Overall strength of development team:
(i) Economic and management strength of the developer-lessee and development team and quality of guarantee of land lease rent payable to the development corporation;
(ii) Experience of designated architectural consultants in major hotel, mixed-use and waterfront projects in a downtown setting as evidenced by overall architectural and urban design quality in previous projects;
(iii) Experience and strength of other key consultants/specialists designated to be part of the development.
(C) Project economics:
(i) Development feasibility and likelihood of orderly and rapid implementation;
(ii) Responsiveness to economic factors affecting key components of the proposal;
(iii) Quality of development components.
(D) Architectural and design quality:
(i) Overall quality of design;
(ii) Ability of design concept to reinforce public improvements;
(iii) Conformance with development objectives and the design manual;
(iv) Imagination and creativity in the organization of components;
(v) Appropriateness of image and character.
(E) Ability to conform with development schedule: ,
(i) Date of project financing;
(ii) Date for start of construction;
(iii) Development construction and schedule;
(iv) Anticipated date of completion.
(3) Benefits to State of Hawaii:
(A) Project revenue;
(B) Tax revenue;
(C) Public improvements such as open space, infrastructure and other amenities;
(D) Other benefits.

Haw. Code R. § 19-170-46

[Eff MAY 5 2013] (Auth: HRS § 206J-5(a)(5)) (Imp: HRS §§ 206J-5(a) (8)&(9) , 206J-11)