As part of the BRV team, Agora Partners is assessing options to address deferred and ongoing operations and maintenance at Ala Moana Beach Park, "The People's Park" of Honolulu. With decades of history amidst a spectacular landscape of oceanfront greenspace and downtown and mountain views, Ala Moana Park is feeling the pressures of age and an encroaching downtown core. Through comprehensive asset management, Ala Moana Park is and will continue to be the central gathering space of Honolulu.
Agora Partners participated in a comprehensive portfolio review with D.R. Horne & Co. to ascertain highest and best uses subject to market opportunities, trends, financial hurdles and other considerations specific to the organization. As part of the review, Agora Partners also made projections of value through either fee-simple sale, lease or other structures. The scope of work included identification of assets, liabilities, valuations, land use, and operating and capital investment strategies. The final deliverable provided materials to define use, value and order of implementation as the cornerstone of a real estate assessment and disposition strategy.