The University will use the proceeds to fund construction of a new four-year undergraduate college on the remainder of the tract. The University's Board of Regents approved the transaction back in May. Construction is slated to get under way early next year. The first phase of the project is slated for completion in late 2009.
Currently, the UH-West O'ahu campus offers a two-year, upper-division baccalaureate program. This fall, it will offer a four-year baccalaureate program for approximately 850 students.
The first phase of the new UH-West O'ahu campus, scheduled for completion in fall 2009, will enable to the school to expand to 1,560 students. After the full expansion, the campus will be able to serve upwards of 7,500 students and 1,000 faculty.
In addition to proceeds from the land sale, the state is providing $35 million for design and construction. Of that money, $7.3 million will be used for design, permits and infrastructure analysis. The bulk of the total, $27.7 million, will be used for the development of sewer lines, a 215-foot elevation water reservoir and a 440-foot elevation water reservoir.
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