Maui Real Estate Blog
Big Week for New Developments on Maui
There was a lot of forward movement for potential subdivisions on Maui in the last week. In addition to the new information on the Spencer Spreckelsville Subdivision, there was also news on new developments in South Maui, West Maui and the Upcountry.
Doyle Bestill’s development in North Kihei received Special Management Area (SMA) approval for its second phase. The development known as Kamalii Alayna received approval for its first phase two years ago and recently broke ground. The second phase had been delayed due to flood plain concerns and affordable housing concerns. Kamalii Alayna will include 32 homes with 16 homes deemed as affordable. The affordable homes will range in price from the low 200,000s to low 400,000s. The developer expects the rest of the homes in the neighborhhod to sell in the 600,000s to 800,000s. Construction of the homes will not start until final subdivision approval. For more information, check out Thursday’s article in the Maui News.
A and B Properties made progress in their attempts to develop an area on the Kahului side of Haliimaile town. The long delayed 150 home project made an important step forward when the County Land Use Council agreed to rezone the area from agricultural to residential. The approval was made with the stipulation that A and B take measures to ensure that the new homes end up in the hands of Maui Residents and not speculators.The approval allows the project to go in front of the full county council. There is still likely to be considerable debate about specifics of the project prior to final approval. For more information on the Land Use Council approval, check out the Friday article in the Maui News.
An ambitious project to create a beach park from the Pali Tunnel to Puamana made an important step forward on Tuesday when SMA approval was granted to a large agricultural subdivision in Ukumehame. In exchange for the agreement for the 45 lot subdivision, the Pacific Rim Land Corp agreed to sell 100 coastline acres. That acreage will be used for the first mile or so of the park. The park will be created when Honoapi’ilani Parkway is relocated Mauka or inland from its current location. The new agricultural subdivision will feature 3 to 13 acre lots . It only needs final subdivision approval at this stage to move forward. For more information, check out the Wednesday article in the Maui News.