HONOLULU—The Honolulu Board of Water Supply is looking to develop its six-acre Beretania Street property in Downtown Honolulu to easy the rate-burden on users.

The semi-autonomous agency of the City and County of Honolulu has issued a request for proposals for the project, says the Honolulu Business Journal.

“We are evaluating the potential for our Beretania property to generate lease revenue to help pay for the operational and capital improvement needs of the water system,” BWS Board Chair Duane Miyashiro said in a statement. “However, any proposed development must prove to be economically beneficial to the BWS and the customers we serve before we pursue it.”

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.