HONOLULU-The University of Hawaii last week signed documents for the sale of 298 acres adjacent to its West O’ahu campus at Kapolei. Hunt Development Group paid just over $100 million for the land, which was part of a 500-acre tract owned by the University.

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.

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