Wailea 670 Honua'ula project development

Supporters turn out for Wailea project
By ILIMA LOOMIS, Staff Writer
reprinted courtesy Maui News 1/5/06

KIHEI – Maui residents had questions about traffic, affordable housing and water at the County Council Land Use Committee’s opening hearing Wednesday on Honua’ula, or Wailea 670.

There was plenty of support for the project from people who thought the developers had done a good job of involving community groups in the planning of the project. At the same time, some were concerned the development would add too many more homes to already-crowded South Kihei. About 150 people attended the committee hearing, held at Lokelani Intermediate School on Wednesday night.

Charlie Jencks, who represents the owners, said he was pleased to be presenting the project after waiting four years for a hearing with the County Council.

“I’m glad we’re finally at the point where we can discuss this and hopefully get some homes built,” he said before the meeting.

Many testifiers liked the project’s affordable housing component, its low density, public trails and open space.

“There are no perfect projects, but Honua’ula seems to offer more positives than negatives,” said Kula resident Mark Walker, who also favored the development’s projected 20-year build-out schedule.

But Susan Guard urged council members to ask questions about how the project would benefit the community. She said the county already was suffering from overdevelopment.

“Let’s stop and catch up until we can fix the current problems caused by unprecedented growth,” she said.

Maui Meadows Homeowners Association board member Ed Kennedy said Jencks had addressed many of his group’s concerns, but traffic was still an issue. He said Piilani Highway was inadequate to serve the large number of homes and worried his neighborhood could be impacted as a result.

“We don’t want cars shortcutting through Maui Meadows to get to Wailea 670,” he said.

Honua’ula, which is designated as the Wailea 670 project district in the Kihei-Makena Community Plan, has applied for zoning and a project district amendment to allow the project to switch from two golf courses to a single golf course, 1,400 homes and some commercial space.

The homes would be 60 percent multifamily and 40 percent single-family, with 350 homes affordably priced, Jencks said.

Housing would cover about 350 acres, including 56 acres of combined residential and “neighborhood commercial” development, with 200 acres for the golf course, and 90 acres of park and open space.

The developers would build their own water and sewage treatment systems to serve the project, according to Jencks. They also would pay more than $16 million in park assessment fees, contribute money for a Little League field in central Kihei, pay $7 million in traffic impact fees and $4.2 million in school fees.

The project has a 20-year planned build-out.

Council Member Michelle Anderson, who holds the Kihei residency seat, wasn’t ready to take a position on the project. She had lots of questions for the developers, including how they planned to address the Piilani Highway “bottleneck,” how much market-priced homes would cost, and what they proposed in the way of private water systems.

“There still remains a lot of details to be worked out on this project,” she said.

Council Member Mike Molina said he’d heard a lot of testimony in support of the project but wanted more information before making up his mind.

“We still have to do a lot of assessment for the long haul,” he said.

Greenways Maui President Joe Bertram said the current proposal was “light years” better than the luxury golf-course development planned for the site 10 years ago. He especially liked the community-based planning and the walkable trails.

“We can’t just keep saying no. We have to say yes sometimes, and this is something good to say yes to,” he said.

Greg Figueira liked the proposal. “Everything that I’ve heard here tonight is positive,” he said.

But Marta Sweeny of Kula felt the island already was overdeveloped, and that most of the project’s supporters were motivated by profits.

“We’re not construction workers. We’re not developers. We’re not Realtors. We’re just your common everyday people trying to make a living,” she said.

Wailea 670 originally was planned as a luxury residential project, with two golf courses and a 6-acre park, winning council approval in 1992.

After years of inaction, the developers returned to the county in 1999, asking to amend the plans for the project to expand the residential housing and commercial space, with only one golf course.

The Maui Planning Commission recommended approval in 2001, but the County Council never took up the project request.

After hearing from about 40 residents testifying on the plans Wednesday, the Land Use Committee adjourned without taking action.

The land is owned by an investment group, WCPT/GW Land Associates LLC, which bought the property for $17.2 million in 2000 from previous owner Palauea Bay Partners.

WCPT/GW Land Associates involves partners: Lehman Brothers; the Cargill Group; Trimark Pacific Homes; managing partner Woodridge Capital; and Golden Wailea, the Japanese firm that previously owned the land and still holds a small percentage of the company.

The land now is valued by county tax assessors at more than $43 million.

On the Net: www.honuaula.com

Ilima Loomis can be reached at iloomis@mauinews.com

 

reprinted courtesy Maui News 1/5/06

 

 

brought to you by Wailea Makena Real Estate Inc.

www.Wailea-Makena-real-estate.com

 

 

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Wailea Makena Real Estate, Inc.

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