A&B PROJECTS TO RESUME IN MAUI

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MAUI, HAWAII — Alexander & Baldwin will resume construction of two projects in Maui. The company originally planned to start work on the projects in late 208 but the permitting process pushed back construction until the end of 2009. The mixed-use, master-planned, 19.9-acre Kahului Town Center will be divided into quadrants divided by two intersecting roads. The first phase of office condominiums will be located at the corner of South Puunene and Kamehameha avenues. The project will be built in phases over 6 to 10 years. Located at the corner of Kane and Vevau streets, Aina O Kane, A&B’s other delayed project, will feature 103 residential units and 22,000 square feet of retail space on 3.8 acres.

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