The Koa Ridge Project has received approval from the City Council's Zoning and Planning Committee and would now just need approval from the entire Honolulu City Council before construction work could begin. The 576-acre project is being developed by Castle & Cooke Hawaii, who is pleased by the news. Koa Ridge will be built on the land located between the Waipio and Mililani communities in Central Oahu. A total of 30 percent of the homes built would have to be "affordable" and made available to families earning no more than 140 percent of the area's median income for a family of four.
There are still two pending court cases against the Koa Ridge project that have been submitted by the Sierra Club Hawaii Chapter. One is currently being reviewed by the Hawaii Supreme Court while the second is before the state Intermediate Court of Appeals. Director of the Sierra Club Hawaii Chapter, Robert Harris, commented, "The City Council should act carefully because if the Supreme Court reverses the Land Use Commission decision, the project could be changed entirely or not be allowed to move forward at all."
Source: Honolulu Star Advertiser, 11-2-2013, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, REALTOR®
Global Executive Realty, LLC
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