Latest real-estate & development news and updates
An environmental impact statement (EIS) preparation notice has been filed for the Hoʻonani Village mixed-use development, a project proposing 1,600 residential apartment units near the old Puʻunēnē sugar mill. This development, spanning 166 acres off Hansen Road in Kahului, signifies a major potential boost to Maui's housing market.
November saw a significant divergence in Oahu's residential real estate market, with a surge in single-family home sales contrasted by a notable decline in condominium prices, which fell to levels not seen in nearly three years. This shift presents both opportunities and challenges for investors, developers, and potential homeowners across the island.
The revitalization of Honolulu's Mayor Wright Homes, a multi-tower project spanning over a billion dollars, is slated to commence construction next year, following critical financial backing. This development promises to reshape the landscape of affordable housing in Hawaii, offering a mixed-income community and injecting investment into the local economy.
November 2025 saw a tale of two markets on Oahu, with single-family home sales experiencing a surge in activity, while condominium prices plummeted to their lowest point in nearly three years, signaling a shift in the local real estate landscape.
The ambitious, multi-phase redevelopment of Mayor Wright Homes in Honolulu is slated to begin its first phase next year, representing a major step forward in addressing Hawaii's affordable housing crisis. This project, with a price tag exceeding $1 billion, promises to transform a historic public housing community into a mixed-income, mixed-use transit-oriented development.
Hawaii's real estate landscape is evolving as parking requirements face scrutiny. With over 60 parking-reduction waivers approved since 2000, the state is signaling a shift in how it approaches development, which could have significant impacts on construction costs, business operations, and overall urban planning.
A recent study examining a new Honolulu condominium tower has revealed that new multifamily housing can trigger vacancy chains, leading to more affordable housing options and easing supply constraints. This research provides crucial insights for real estate investors, developers, and policymakers navigating Honolulu's complex housing market.
The Grassroot Institute of Hawaii urged the Maui County Council to extend property tax waivers for Lahaina properties impacted by the 2023 wildfires, arguing that failing to do so could severely hinder rebuilding efforts and place an undue financial burden on property owners with unusable land. The proposed extension, detailed in testimony regarding Bill 171 (2025), aims to prevent homeowners and businesses from paying taxes on land where rebuilding is legally or practically impossible, a move crucial for fostering economic recovery.
The Grassroot Institute of Hawaii presented testimony to the Maui County Council, advocating for the utilization of joint development agreements to increase housing flexibility and address the pressing housing shortage. These agreements, which involve partnerships between public agencies and private developers, could unlock new opportunities for real estate and development in the county.
The Maui Department of Water Supply has announced that Central Maui's water system has adequate capacity to meet current demand, greenlighting the continued issuance of water meters for new development. While this is positive news for the real estate sector, the department also highlights a narrowing margin between supply and demand, signaling a need for careful monitoring and potential future conservation measures.
Hawaii Island's healthcare landscape is expanding with a new outpatient care center planned in Kailua-Kona, adjacent to a new hospital developed by Queen's Health Systems. This strategic move aims to address the needs of the underserved west side of the island and boost local economic opportunities.
Hawaii's efforts to provide affordable housing for residents are being re-evaluated, with a focus on deed restrictions that could be hindering, rather than helping, the very people they aim to serve. This article examines the equity cap issue and explores potential solutions to make 'locals-only' housing more effective and sustainable for Hawaii's communities.
The Pioneer Mill Company/Lahaina Ice Company Bookkeeper's House, famously known as the "Miracle House" for surviving the devastating 2023 wildfires, has been officially listed in the National Register of Historic Places. This designation provides potential benefits for restoration and signals a step forward in the recovery of Lahaina's historic district, offering a beacon of hope for entrepreneurs and investors.
Following a $2.3 million investment and renovation by Hawaii-based SC Capital, Lihue Town Plaza is experiencing a surge in occupancy, reaching 71%. The influx of new tenants signals a resurgence for the plaza and a boost for the local business environment in Lihue.
A recent $10.4 million home sale in Lanikai signals a shift in the neighborhood's luxury real estate market, as off-water properties attract increasing interest. This transaction marks the highest-value sale in Lanikai in the past three years, pointing to evolving trends in Hawaii's high-end property sector.
Maui County celebrates a pivotal moment in its recovery from the devastating 2023 wildfires, marking the completion of the 100th structure in the affected areas of West Maui. This milestone offers a beacon of hope and opportunity for local entrepreneurs and investors looking to contribute to the revitalization of the region.
The Department of Hawaiian Home Lands (DHHL) is nearing its goal of allocating the $600 million provided by the state legislature in 2022. This investment, augmented by strategic leveraging of additional funds, is poised to significantly accelerate the development of much-needed housing for Native Hawaiians, creating opportunities for local entrepreneurs and businesses.
Maui reaches a significant milestone in its recovery from the devastating wildfires, with 100 structures now completed in the impacted areas of Lahaina and Kula. This achievement signifies progress in rebuilding the community and offers insights into the evolving landscape for local businesses, investors, and residents navigating the aftermath.
Maui County reached a significant milestone in its recovery efforts, announcing the completion of the 100th structure rebuilt since the devastating 2023 wildfires. This achievement, publicized on December 2, 2025, underscores ongoing progress and the dedication of residents, businesses, and recovery teams to rebuild the island.
The Maui County Council has taken a significant step towards reshaping the local tourism landscape. A controversial bill to phase out transient vacation rentals in apartment-zoned districts, primarily in South and West Maui, passed its first reading, signaling potential shifts for investors, property owners, and the broader hospitality sector.