Real-Estate & Development

Latest real-estate & development news and updates

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New Hilo Wilderness Park Could Bring Economic Boost and Outdoor Recreation

State Representative Matthias Kusch recently presented plans for a new wilderness park in Hilo, which would bring economic development to local entrepreneurs, while increasing the recreational activities of the area's residents. The Affordable housing project is said to be a small but meaningful contribution to the significant affordable housing shortage in the local market area. What's more. The new park could boost the Tourism market

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Kuhio Park Terrace Transformation: A Look at Honolulu's Affordable Housing Push

The redevelopment of Kuhio Park Terrace in Kalihi, Honolulu, is officially underway, promising to replace obsolete public housing units with a greater number of low-income rental apartments. This project reflects a significant investment in affordable housing, impacting local real estate, construction, and potentially, investors.

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Maui's Future Builders: Competition Fosters Local Talent in Architecture and Construction

High school seniors on Maui recently participated in an architecture, design, and construction competition, showcasing their skills and passion for the field. The event highlighted the importance of nurturing local talent, with professionals like David Sellers of Hawaii Off Grid Architecture & Engineering contributing as judges.

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Maui's Water Department to Modernize Water Meter Sizing, Impacting Developers and Homeowners

Starting January 1, 2026, the Maui County Department of Water Supply (DWS) will transition to a new methodology for calculating water demand, moving away from the outdated fixture count system. This change, mandated by Ordinance 5759, promises to streamline the permitting process for new construction and renovations, potentially reducing costs and delays for developers and homeowners.

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Aloha Stadium Authority Appoints Michael Yadao as Deputy Manager Amidst Transition

The Aloha Stadium Authority has appointed Michael Yadao, a figure with a strong construction background, as its deputy manager. This appointment comes as the authority prepares for the dismantling and redevelopment of the Aloha Stadium in Halawa, under the New Aloha Stadium Entertainment District (NASED) initiative.

HUD Funding Uncertainty Threatens Homeless Housing in Hawaii

Proposed federal cuts to housing programs could force over 400 individuals in Hawaii back into homelessness, according to local nonprofit leaders, creating instability in an already stressed housing market and impacting businesses that serve vulnerable populations. The uncertainty surrounding federal funding is putting a strain on the state’s resources.

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Kauaʻi's Robinson Family to Transform Old Sugar Mill into Industrial Park, Signaling New Economic Opportunities

The Robinson family, the largest private landowner on Kauaʻi, is quietly spearheading a project to convert the former Olokele sugar mill into an industrial park on the island's Westside. This venture represents a significant real estate development and has the potential to reshape the local business landscape, offering new opportunities for entrepreneurs and investors.

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Maui County Acquires 162 Acres in Lahaina, Paving the Way for Critical Infrastructure and Recovery

Maui County has finalized a significant land acquisition in Lahaina, encompassing 162 acres. This strategic move is expected to bolster flood control, establish new evacuation routes, and facilitate the rebuilding of essential infrastructure, including a homeless shelter destroyed in the 2023 wildfires.

Lahaina Rebuilding: Council Urged to Broaden Scope of Height Limit Exemption

In an urgent op-ed, Jonathan Helton of the Grassroot Institute of Hawaiʻi is calling on the Maui County Council to expand a proposed bill that would waive height restrictions for properties destroyed in the 2023 Lahaina fires. Helton argues that the current bill's limited scope could hinder recovery efforts for many affected property owners.

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DOTAX Scrutiny: Are Hawaii Rental Owners Facing a Tax Audit Blitz?

The Hawaii Department of Taxation (DOTAX) is reportedly sending out letters to some rental property owners, sparking concerns about potential tax compliance issues. This article examines the scope of these inquiries and the implications for landlords across the islands.

Weinberg Foundation Sells Oahu Shopping Center to Watumull Properties in $9.95M Deal

The Harry & Jeanette Weinberg Foundation sold a shopping center on Oahu's North Shore to Watumull Properties for nearly $10 million, completing a busy year of real estate transactions for the Maryland-based nonprofit. The sale highlights the ongoing investment activity in Hawaii's commercial real estate market, particularly within established retail centers.

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Proposed Tax Breaks Could Revitalize Hawaii's Housing Market

Legislative efforts are underway to address Hawaii's housing crisis by potentially reducing capital gains taxes on home sales. These proposals aim to unlock the market and incentivize more homeowners to sell, potentially easing affordability issues for both residents and investors.

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Alexander & Baldwin Set to Go Private in $2.3 Billion Merger, Impacting Hawaii's Real Estate Landscape

Alexander & Baldwin (A&B), a prominent player in Hawaii's commercial real estate market, has entered into a definitive merger agreement that will see the company taken private in a $2.3 billion transaction. This move has significant implications for investors, local businesses, and the overall real estate sector in the Aloha State.

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Oahu Property Owners Urged to Review New Flood Maps: Insurance Implications

Recent rainfall underscores the importance of flood preparedness, and Oahu property owners, especially those near streams, are advised to review updated flood maps that may affect their flood insurance requirements. This update impacts thousands and highlights the need for businesses and residents to assess their potential flood risk.

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Maui Navigates Tourism and Housing Crisis: Vacation Rental Conversions Face Uncertain Future

Maui Mayor Richard Bissen's plan to convert short-term vacation rentals into long-term housing is moving forward, but the County Council now faces the complex task of determining the extent of the conversions. This decision will significantly impact Maui's tourism-dependent economy and the availability of affordable housing for residents.

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Hilo's Potential New Wilderness Park: A Development Opportunity or a Community Sanctuary?

A Hawaii state lawmaker has proposed the acquisition of 283 acres in Hilo for the establishment of a "passive recreation wilderness park," a plan that could dramatically alter the landscape and offer new opportunities for recreation and community development. This proposal, currently under discussion, presents both challenges and potential benefits for local entrepreneurs, investors, and the community at large.

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Kobayashi Group to Develop 750-Unit Affordable Housing Project in Kapolei, Boosting West Oahu's Real Estate Landscape

Kobayashi Group has been selected to develop a 750-unit affordable rental community in Kapolei, Oahu. This project, which will be built on city-owned land, aims to address the growing need for affordable housing, offering a variety of unit sizes and designs to accommodate a diverse range of residents.

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Cajudoy Construction Recommits to Residential Projects in Wake of Maui Wildfires

Cajudoy Construction, a Maui-based firm, is strategically refocusing on residential construction to aid in the ongoing rebuilding efforts following the devastating 2023 wildfires. This shift highlights the company's commitment to community recovery and presents opportunities for investors and construction professionals in the region.

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Oahu's Luxury Home Market Surges: Sales More Than Double in November

The Oahu luxury real estate market witnessed a significant surge in November, with sales of homes priced at $2 million and above more than doubling compared to the previous year. This indicates a robust demand for high-end properties and presents opportunities for investors and real estate professionals.

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Hawaii Revives Home Loan Program, Offering Below-Market Rates to Boost Homeownership

Hawaii is re-launching a first-time homebuyer program with below-market interest rates aimed at making homeownership more accessible for low-to-moderate income residents. The program, which offers significant savings compared to current market rates, could provide a boost to the local real estate market.