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Saturday, September 14, 2013

Koa Ridge Project Given Preliminary Approval

The Honolulu City Council's Planning Committee has given preliminary approval to rezone 576 acres of agricultural land in Waipio to create the new Koa Ridge development.  Developer Castle & Cooke plans to build 3,500 residential units as well as a commercial center, hospital, school, hotel and several other buildings.  A second phase, not part of this consideration, may be proposed at a later date.  The second phase would have an additional 1,500 homes. The proposal will now go before the full City Council for a vote.

Opponents of the Koa Ridge project are concerned about the reduction of agricultural land and about the traffic problems that a new development would create. Critics argue that the traffic report being submitted by the developer was conducted in 2009, and should be updated.

Source: Honolulu Star Advertiser, 9-14-2013, www.staradvertiser.com

Posted by Jeff Uyemura-Reyes, Broker-in-Charge, REALTOR®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
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