Hundreds of acres of land in Kapolei has been sold to a foreign company. Development plans call for thousands of new homes, and improvements to the area are set to begin immediately.
This involves 514 acres in West Oahu known as Kapolei West, located between Kapolei Commons and the Ko Olina Resort.
We first told you about plans for Kapolei West back in 2005. Now, a Chinese company is taking over the area into a mixed-use residential and commercial master planned community.
It’s mostly undeveloped land now, but nearby residents can expect to see a community of up to 2,500 new homes, as well as the development of a golf course, elementary school, and a transit hub.
China Oceanwide Holdings purchased the property for over $100 million.
We asked State Representative Sharon Har (D, Kapolei) if she thinks the sale will be good for the “second city.”
“There’s been critics who say we’re still a bedroom community,” she said. “Cities aren’t built overnight, so we continue to tell people the infrastructure has to come in.”
Har says the timeline for when development begins is unclear, but Kapolei residents will start to see road construction soon — China Oceanwide Holdings will immediately spend $23 million in infrastructure improvements.
Plus Kapolei Parkway will now extend to connect Kapolei to Ko Olina, and Har said this could potentially alleviate traffic concerns.
Kioni Dudley with the Kapolei Neighborhood Board, however, isn’t convinced. “If we’ve got another 2,000 houses there, that’s 2,000 more people on the freeway.”
He says there are currently 93,000 homes in Central and West Oahu. “I think before we allow more development out here, we have to find a way to get our people to work.”
We reached out to China Oceanwide Holdings — the company also has properties in the U.S. — but haven’t heard back from them.