Hilo Commercial/Industrial parcels for General Leasing 2024

Hilo parcels

For Limited Industrial Development

Waiākea, Hilo, Hawai‘i

General Property Description 

Please join DHHL staff for an informational beneficiary consultation on these parcels located in Hilo that will soon be offered for general leasing. The purpose of this beneficiary consultation is to discuss the DHHL General Lease Program as well as each parcel that will soon become available. See Virtual meeting information below.

DHHL General Lease Program

Purpose:                          To provide for revenue for the DHHL’s programs

Policy:                            

  1. Maximize income through effective land management
  2. Reduce the acreage of lands used for income purposes, limited to no more than 2% of total HHL
  3. Follow the guidance of the Island Plans and Regional Plans to determine land for revenue purposes

Authority:                       

Section 204(a)(2) or Section 220.5 of the Hawaiian Homes Commission Act, 1920, as amended

Section 171-59 & 171-60 of the Hawaii Revised Statutes guide the general leasing process with appraisal, notice, public auction requirements

Current Process:       Under Section 204(a)(2)      

  1. HHC authorization to offer the selected property for general leasing
  2. Planning Office will assist with Beneficiary Consultation
  3. LMD to procure appraisal services to determine initial fair market rental for the lease
  4. LMD to publish Legal Notice in the newspaper as well as DHHL website on the availability of the property for long term lease
  5. Interested parties are given 45 days to submit the complete application which includes financial, business and experience information to support the ability to complete and be successful in the lease requirements
  6. Each application will include a sealed bid proposal noting what the interested applicant is proposing to pay for the lease
  7. Only those applications that meet the minimum qualifications criteria will be invited to attend the sealed bid public auction when all bids will be opened in front of all.
  8. The one with the highest bid will be the successful bidder to enter into a general lease with DHHL

Beneficiary Consultation Virtual Meeting: