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South Maui Olowalu Town Project Approved

Big changes are in the works via Maui's urban and rural growth development.
August 10, 2012

South Maui Olowalu Town Project Approved

New Maui Homes

By Mark Harbison

Maui is going to see some big changes in the coming years, specific to development within Maui's urban and rural growth boundaries. The 1,500-home, 600-acre Olowalu Town Project has been approved by the Maui County's General Plan Committee. Aside from homes, it will also include commercial space, parks and a school. The commercial space will comprise 375,000 square feet of the 636 acres in the project.

The project will be situated between the southwest-facing slopes of the West Maui Mountains and the Pacific shoreline, meaning you will pass it on the way to and from Lahaina and Kaanapali via Honoapiilani Highway. Some would prefer the land in that area to remain undeveloped and scenic, without the environmental impact and increase in traffic that it would cause, while others are looking forward to the economic growth it might generate. The construction of the project will require a lot of workers, and for a significant duration. According to the Master Plan, the project will create 4,770 jobs during construction, and 1,000 long-term jobs when it's complete. The construction of so many new Maui homes will also impact the West Maui and South Maui real estate areas.

As for the traffic concern's, the developer, Frampton & Ward LLC, stated that they will help reduce the project's impact by building a system that will relocate Honoapiilani traffic away from the coast with an alignment closer to the mountains. A draft Environmental Impact Statement was also prepared, and to reduce that impact, the project will include an expansion of the potable and nonpotable water system that already exists in the area. They will probably add a second groundwater well, add a substantial drainage system to capture storm water runoff and build a decentralized wastewater-treatment facility with a recycled water storage tank. It doesn't stop there. They also plan to include a vertical-flow wetland and a soil aquifer treatment system.

Recreation areas will include over 200 acres of park and open spaces full of interconnected greenways and bikeways to encourage swimming, hiking, diving, fishing and surfing. The public facilities will include space for a school, police and fire station, medical facilities, churches, social services, a library, community centers, and nonprofit organizations.

Construction should begin in the next two years and will require ten years to complete, if the project gets final approval. The price tag will be several hundred million. Again, the project has yet to receive final approval, so the plan could change.

Blogs for August 2012

Maui Economic Development Board Fundraiser Roaring Success

Posted on August 31, 2012
Maui Economic Development Board Fundraiser Roaring Success

By Mark Harbison

The Maui Economic Development Board (MEDB) recently raised $338,046 at the nonprofit Ke Alahele Education Fund benefit dinner and auction at the Grand Wailea. Tickets cost $150 each, and all 700 seats were sold out. The funds were raised for science, technology,… Continue Reading

Hawaii Ranks High in Low Unemployment

Posted on August 24, 2012
Hawaii Ranks High in Low Unemployment

By Mark Harbison

Most people considering a move to Maui are concerned about one major issue. They visit the island, they of course fall in love with it, and then they have to consider how they will make a living here. Hawaii doesn't have the best… Continue Reading

Maui Home Prices Up in July

Posted on August 17, 2012
Maui Home Prices Up in July

By Mark Harbison

According to the Realtors Association of Maui, Maui County home prices were up by 25 percent in July, compared to the same month last year. That's a substantial change compared to the past couple of months. Unlike previous months, condo prices remained unchanged.

The… Continue Reading

South Maui Olowalu Town Project Approved

Posted on August 10, 2012
South Maui Olowalu Town Project Approved

By Mark Harbison

Maui is going to see some big changes in the coming years, specific to development within Maui's urban and rural growth boundaries. The 1,500-home, 600-acre Olowalu Town Project has been approved by the Maui County's General Plan Committee. Aside from homes, it will… Continue Reading

South Maui's Wild Dolphin Days Events

Posted on August 03, 2012
South Maui's Wild Dolphin Days Events

By Mark Harbison

August is the month for dolphins, and the Pacific Whale Foundation will be presenting several upcoming events and activities to entertain and educate residents and visitors alike. How many states can boast regular events like these? The stunning natural environment is just one… Continue Reading

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Mark A Harbison
R(B) (GRI) (CIPS) (TRC)

Mark@RealEstateMauiHawaii.com

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