Latest real-estate & development news and updates
Hawaii's high housing costs, with residents spending over half their income on housing, poses challenges for the state's economy and real estate development. This article analyzes the impact on local businesses, investment, and the need for innovative solutions to address the affordability crisis.
A letter to the editor advocates for modifying existing dry standpipe systems in high-rise buildings to meet sprinkler requirements, potentially reducing costs for Hawaii property owners and spurring opportunities for the construction sector.
Maui County is seeking federal flexibility to use a $1.6 billion wildfire recovery grant, focusing on housing, including accessory dwelling units. This move impacts real estate development, construction businesses, and the overall economic recovery of the island.
Kahoma Village in Lahaina is working to recover from recent wildfires through robust community efforts. The recent initiative to replant native species is aimed at supporting the long-term growth of the area and attracting both investors and tourists.
HART's plans to condemn properties for the Honolulu Rail Transit Project in Iwilei and Kakaako are set to significantly impact the real estate market, property owners, and local businesses. This development presents both challenges and potential opportunities for investors and developers.
HART's decision to condemn Iwilei and Kakaako properties for the Honolulu rail project presents both challenges and opportunities for real estate in Oahu. This move will impact property values, development, and investment strategies for entrepreneurs, investors, and the broader community.
The removal of hundreds of tons of debris from Lahaina's shoreline is a critical step forward in the Maui wildfire recovery, paving the way for infrastructure restoration and attracting further investment in the area.
The Maui County Council approved a two-year extension for the Kuʻikahi Village workforce housing project, which will affect the real estate market and the local economy. This decision is critical for affordable housing efforts and the local workforce in Maui.
Maui County is investing $43.5 million in its Affordable Housing Fund to support affordable housing projects, providing a much-needed boost to the housing inventory. With this initiative, the county is tackling rising construction costs and housing shortages.
The real estate market in Hawaii is shifting towards a buyer's advantage, with price cuts becoming more prevalent, but several economic factors are slowing the typically strong spring market. This impacts real estate investors and developers who must adjust strategies in response to these changes.
Hawaii faces an urgent affordable housing crisis, impacting businesses and the workforce. Preserving low-income rental funds and implementing new strategies are crucial for economic stability and growth.
A recent editorial in the Honolulu Star-Advertiser raises concerns about a bill that could impact low-income housing in Hawaii. The state's shift towards funding mixed-income developments, raises questions about whether this change may negatively affect access to affordable housing for the lowest-income residents.
The lack of affordable housing in Hawaii is a critical problem, impacting the state's economy and businesses. An editorial in the Honolulu Star-Advertiser highlights the urgency of addressing the shortage and the importance of housing that's affordable to the majority of Hawaii's workforce.
A recent letter to the editor published in the Honolulu Star-Advertiser discusses concerns about House Bill 432 and its potential impacts on low-income housing in Hawaii. The letter highlights apprehensions that the bill, which aims to allocate state funds to mixed-income housing developments, may reduce resources available for projects specifically targeting low-income families.
Overcrowding at Ewa Elementary School in Hawaii is prompting a redistricting plan, with significant implications for the local real estate market, community demographics, and local businesses. The situation creates both challenges and opportunities for developers, investors, and homeowners.
Oahu's luxury home sales jumped 19% in the first quarter of 2025, signaling renewed confidence in the high-end real estate market. Investors and professionals should monitor tourism trends and sustainability efforts to navigate the evolving landscape.
Hawaii lawmakers have approved a new two-year budget that prioritizes housing, a move likely to impact the state's real estate market. This budget allocation, occurring alongside anxieties about federal budget cuts, signals a shift in state priorities and is expected to influence developers, investors, and the broader construction industry.
SB1296 aims to streamline rebuilding efforts in Hawaii by waiving certain permit requirements for structures destroyed by disasters, with a focus on areas like Lahaina. This legislative move is poised to reshape real estate development and construction in the state, offering both opportunities and challenges for businesses.
The proposed SB1296 bill in Hawaii aims to expedite the rebuilding process in Lahaina after the devastating fires, presenting both opportunities and challenges for real estate developers, investors, and the community. The success of the bill, which could streamline construction while balancing regulatory concerns with the urgency of recovery, will be key to the area's economic revival.
Maui County's updated plan to allocate $1.6 billion in fire recovery funds includes programs for first-time homebuyers and rebuilding homes, with applications expected to open this summer. The initiative aims to revitalize the housing market and support residents affected by the wildfires.