Building Industry Hawaii - July 2023

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NORDIC PCL CONSTRUCTION INC. nordicpcl.com

D espite major projects — including the new Lilia Waikīkī, a F-22 Fighter Alert Facility and renovations to the Grand Wailea on Maui and Kahala Mall on O‘ahu — Nordic PCL Construction Inc.’s revenue dropped 11.5 percent to $369 million in 2022. But it was expected. “We weren’t surprised by the reduction, due to missed opportunities combined with delays arising from financing for private [projects] and building permit approvals,” says Glen Kaneshige, CEO and president of Nordic. The company’s standout project last year was Lilia Waikīkī, a rental apartment community with high-end amenities. Not only did it receive an award of excellence from the Engineering News-Record, but it was also the first high-rise, multi-family rental property developed by private developer Brookfield Properties in more than two decades.

2022 REVENUE: $369M

YEARS IN HAWAI‘I: 85

EMPLOYEES: 250

Loulu, a wellness-focused cafe at the Grand Wailea, underwent renovations by Nordic PCL in 2022. PHOTOS COURTESY NORDIC PCL

Recalls Kaneshige, “Lilia Waikīkī was underway when the pandemic shutdown went into effect, so our project team was challenged with managing the construction through an unprecedented period of fear in the workforce, constantly changing health protocols and supply chain disruptions.” This year, Kaneshige says construction remains “surprisingly strong,” despite a possible recession looming later this year. Ongoing projects for 2023 include the 1 Hotel Hanalei (completed in June), room renovations at the Grand Wailea (expected completion in October), and structures at Maui’s Kihei High School and the Hawaii Electrician Pension Fund building on O‘ahu (both completed in March). Next year brings renovations to Schofield Barracks Buildings 2075/2076 and the King Kalakaua Plaza in Waikiki. In addition, the company says Halawa View Apartments is scheduled for completion in 2025. – Cathy Cruz-George “Safety is every employee’s responsibility at Nordic PCL regardless of their role in the company. Furthermore, it is the company’s commitment to every worker that they have the right to go home every day in the same condition in which they arrived.” –Glen Kaneshige, president

Glen Kaneshige

The 28-story Lilia Waik ī k ī , completed in 2022, features luxury rental apartments.

28 | BUILDING INDUSTRY HAWAII | JULY 2023

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