<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE REGISTRANT'S FORM 10-Q FOR THE QUARTER ENDED MARCH 31, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENT INCLUDED IN SUCH REPORT </LEGEND> <CIK> 0000839437 <NAME> AMFAC/JMB HAWAII, INC. <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAR-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 7,908 <SECURITIES> 0 <RECEIVABLES> 7,808 <ALLOWANCES> 0 <INVENTORY> 63,690 <CURRENT-ASSETS> 79,406 <PP&E> 348,947 <DEPRECIATION> 35,371 <TOTAL-ASSETS> 488,408 <CURRENT-LIABILITIES> 33,101 <BONDS> 326,462 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1 <OTHER-SE> (163,988) <TOTAL-LIABILITY-AND-EQUITY> 488,408 <SALES> 9,483 <TOTAL-REVENUES> 9,524 <CGS> 6,507 <TOTAL-COSTS> 11,088 <OTHER-EXPENSES> 419 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 6,676 <INCOME-PRETAX> (8,659) <INCOME-TAX> 3,314 <INCOME-CONTINUING> (5,345) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (5,345) <EPS-PRIMARY> (5.3) <EPS-DILUTED> (5.3)