The proposed extension of the Honolulu rail line to Manoa is already stirring controversy, with critics questioning the financial prudence of the project. In a recent column, David Shapiro characterized the ongoing rail project as "an egregious exercise in throwing good money after bad" [staradvertiser.com] due to the ballooning costs and delayed completion. This commentary specifically references Bill 60, which seeks to authorize funding for preliminary planning and engineering for the Manoa extension.
This isn't the first time Shapiro has raised concerns. He has consistently scrutinized the project, pointing out the escalating costs and questionable management decisions over the years. In 2020, Shapiro wrote about Oahu rail careening towards another fiscal train wreck [staradvertiser.com], highlighting how the project's budget nearly doubled from its initial estimates. Previous reports by [staradvertiser.com] have also detailed significant financial missteps and a lack of accountability in managing the project. The current push for the Manoa extension continues this trend, despite previous failures in the rail project's execution.
The latest bill calls for an extension towards the University of Hawaii. The Honolulu Authority for Rapid Transportation will begin the preliminary planning and engineering for this extension. However, Shapiro's criticism emphasizes the broader issue of fiscal responsibility and strategic planning surrounding the project. Others have questioned the project's value, stating that the rail route to Manoa was never practical [staradvertiser.com].
Entrepreneurs, investors, and professionals in Hawaii should pay close attention to these developments, as major infrastructure projects can significantly impact the local economy, particularly in real estate and development. As the rail project continues to evolve, stakeholders must consider the long-term implications of continuing to invest and depend on a project consistently criticized for its fiscal mismanagement.
