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
www.myhawaiicondo.com
www.myhawaiidreamhome.com
