

Aloha & Acquisitions: A Week of Transformation for Hawaii's Business Landscape
This week in Hawai'i, the business scene is buzzing with significant shifts, starting with Alexander & Baldwin's (A&B) monumental $2.3 billion take-private deal. This transaction marks a watershed moment for the state's real estate and investment sectors, reshaping the landscape for investors and developers. This strategic move, along with UHERO's prediction of a mild recession in 2026 due to anticipated tourism slowdown, demands a keen eye from entrepreneurs and business leaders. Businesses should prepare for potential economic headwinds while also exploring opportunities presented by A&B's restructuring. Simultaneously, the tourism and hospitality sectors are facing their own set of dynamics. Ko Olina's ambitious expansion, including a multimillion-dollar amphitheater and cultural sanctuary, signals a commitment to growth and cultural enrichment. However, the industry is also grappling with operational challenges. T S Restaurants' CEO provides a real-world perspective on navigating rising costs and labor challenges, underscoring the resilience needed to succeed. Furthermore, the news of Leidos' $127M contract renewal emphasizes the state's focus on long-term sustainability. Finally, significant developments in finance and energy highlight opportunities for businesses looking to innovate and invest. The Hawai'i Green Infrastructure Authority's $18 million in loans for clean energy projects in underserved areas presents a valuable opportunity. These initiatives, alongside HECO’s wildfire mitigation efforts, point towards a business environment that emphasizes sustainability and resilience. It's a week where strategic foresight in adapting to economic changes and embracing new opportunities will be critical.
Top Headlines Of The Week In Each Category
Tourism & Hospitality

Ko Olina Expansion: Hawaiian Council Announces Multimillion-Dollar Amphitheater and Cultural Sanctuary
The Hawaiian Council is embarking on a major expansion project at the Ko Olina Resort, with plans to build a multimillion-dollar amphitheater and cultural sanctuary, according to recent reports. This initiative signals a significant investment in Hawaiian culture and offers opportunities for local businesses and tourism-related enterprises.
Read full article →T S Restaurants CEO Navigates Rising Costs, Labor Challenges, and Community Commitment in Hawaii
Jackie Reed, CEO of T S Restaurants in Hawaii, discusses the company's strategies for managing rising operational costs, including labor and supply chain issues, while maintaining its commitment to local communities. Reed emphasizes the importance of adapting to the challenges of the hospitality industry while preserving the company's core values.
Read full article →Business & Startups

Hawaii Braces for Economic Headwinds: UHERO Predicts Mild Recession and Weak Recovery
The University of Hawaii Economic Research Organization (UHERO) forecasts a mild recession for Hawaii in the coming year, citing a confluence of factors including slowing tourism, rising inflation, and weakening U.S. economic conditions. Businesses and investors should prepare for a challenging period marked by potential job losses and increased costs.
Read full article →Hawaii Braces for Mild Recession in 2026: Tourism Downturn and Job Losses Loom
A recent UHERO forecast paints a concerning picture for Hawaii's economy, predicting a mild recession in 2026 marked by a decline in tourism and subsequent job losses across various sectors. The report underscores the complex interplay of federal policies and their impact on Hawaii's key industries.
Read full article →Real-Estate & Development

A&B's $2.3 Billion Go-Private Deal: A Watershed Moment for Hawaii's Real Estate and Investment Landscape
In a landmark move, Alexander & Baldwin (A&B), the titan of Hawaii's grocery-anchored shopping centers with a 155-year history, has agreed to a $2.3 billion privatization. This deal represents the largest commercial real estate portfolio transaction in the state's history, signaling a potentially transformative shift in the local business and investment environment.
Read full article →Alexander & Baldwin Announces $2.3 Billion Take-Private Merger, Signaling a Pivotal Shift in Hawai'i's Real Estate Landscape
Alexander & Baldwin, the leading owner of grocery-anchored neighborhood shopping centers in Hawai'i, has agreed to a $2.3 billion merger, paving the way for the company to go private. This significant transaction, backed by a partnership including Honolulu-based MW Group, Blackstone Real Estate, and DivcoWest, could reshape investment strategies and the competitive environment within the state's thriving real estate sector.
Read full article →Finance & Investment

Alexander & Baldwin to be Taken Private in $2.3 Billion Transaction: What This Means for Hawai'i's Business Landscape
In a landmark deal, Alexander & Baldwin, a cornerstone of Hawai'i's commercial real estate sector, is set to be acquired by a joint venture, marking a significant shift in the state's business environment. This $2.3 billion, all-cash transaction signals new opportunities for Hawai'i’s investors, while also potentially altering the landscape for local entrepreneurs.
Read full article →Clean Energy Boost for Underserved: Hawai'i Green Infrastructure Authority Allocates $18 Million in Loans
The Hawai'i Green Infrastructure Authority (HGIA) is injecting $18 million into Hawai'i's clean energy sector through its Green Energy Market Securitization (GEMS) program. This initiative, backed by a recent Public Utilities Commission order, aims to expand access to clean energy financing for underserved households, nonprofits, and small businesses, ultimately reducing their energy costs.
Read full article →Policy & Regulation

Hawaii County Council Scrutinizes Nonprofit Spending on Homelessness Initiatives
The Hawaii County Council has advanced a $6 million package of grants aimed at addressing homelessness and housing, but not before voicing strong concerns regarding the spending practices of local service providers. Council members cited issues such as inefficient fund allocation, inadequate accountability measures, and inconsistent service delivery as sources of major concern.
Read full article →Climate Action in Hawaii: Navigating Legislative Challenges and Opportunities
Hawaii's business community faces evolving challenges and opportunities as it adapts to climate change legislation. This article examines the recent legislative session, highlighting both advancements and setbacks in environmental policy and their potential impact on local businesses and investors.
Read full article →Infrastructure & Transportation

Enhanced Emergency Communications: FirstNet Boosts Disaster Resilience for Hawaii Businesses
FirstNet, in collaboration with AT&T, is significantly expanding its deployable asset capabilities across the Hawaiian Islands, promising heightened emergency communication infrastructure. This development is particularly crucial for businesses, investors, and residents in a state frequently challenged by diverse natural disasters.
Read full article →Hawaii's Roads Set for Transformation: State Launches Ambitious Multimodal Transportation Plan
The Hawaiʻi Department of Transportation (HDOT) has unveiled its Priority Multimodal Network, a comprehensive 10-year plan investing $360 million to enhance pedestrian, bicycle, and public transit infrastructure across the islands. This initiative aims to improve connectivity, offer affordable transportation options, and align with the state's broader sustainability goals.
Read full article →Sustainability & Resources

Leidos Awarded $127M Contract to Spearhead Hawai'i's Energy Conservation for Three More Years
Leidos, the administrator of the Hawai'i Energy program, has secured a new three-year, $127 million contract from the Public Utilities Commission. This renewal ensures the continuation of the state's vital energy conservation initiatives, offering significant implications for local businesses, investors, and the overall sustainability landscape in Hawai'i.
Read full article →HECO's Wildfire Mitigation Efforts: A Boost for Hawaii's Business Resilience
Hawaiian Electric Company (HECO) is actively reinforcing its statewide power grid and minimizing wildfire risks through infrastructure upgrades and vegetation management. These efforts are crucial for safeguarding businesses and communities across the islands, particularly in high-risk areas like Maui.
Read full article →