Business Report: 10/11/16

Business Report: 10/11/16

HONOLULU (HawaiiNewsNow) - Mirae Asset of South Korea owns the Fairmont Orchid and the Hyatt Regency Waikiki – now PBN reports Mirae is buying land in back of the Hyatt, at 138 Uluniu – currently Chase Car Rental. The seller is the Blackstone Group. The land is zoned for resort development.

Hyatt needs hundreds of locals for its new Hyatt Centric Waikiki Beach. There will be a job fair Thursday at the Ala Moana Hotel. Hyatt Centric is a new Hyatt brand, and the first local Centric will open this winter in what was known as the Waikiki Trade Center.

Honolulu sold $379 million in general obligation bonds – despite offering the lowest return in modern history, less than 2.9%. This refinances older debt at lower rates, saving taxpayers $23 million.

Pali Women's Health Center of Kailua, founded by Dr. Susan Chapman in 1984, is expanding to Kapolei. It opens to the public today in the new Kalapawai Center.

Did you hear what Kaiser is trying to reward you for going to the gym? You put up your money for a gym membership – it has to be a participating gym – and then, if you actually use it a certain amount, you get money back, as much as all of it. Starts in January.

The Honolulu Museum of Art isn't just a fine museum – it has a really cool gift shop. The Art School Holiday Sale will be held November 18 through 27.

Copyright 2016.  Hawaii News Now.  All Rights Reserved.