As reported by the Maui News, two housing projects were approved in South Maui by the county. The two projects include Liloa Hale Senior Rental Housing and Hale Kaiola.
A three story building will house 117 apartments at Liloa Hale. Hale Kaiola will be 40 duplex units. The council voted its approval of the project 9-0.
Construction should begin within two years and be complete within five years.
Council members voted in favor of 250 affordable housing units to be built within a 670 acre planned community to be located south of Maui Meadows. Moving from the original site in north Kihei should help Honua’ula Partners, the potential builders, to get the project started more quickly than originally anticipated.
Before any of the planned housing building can begin, Honua’ula Partners has a $30 million dollar project to complete first. The widening of Piilani Highway from Kilohana Drive to Wailea Ike Drive. Of the projected 250 affordable housing units, 125 will be ownership units and the remaining 125 will be rental.
Hawaii Real Estate Blog 