HANAMAULU — A 54-acre piece of land near the intersections of Kuhio and Kapule highways is being converted into a housing development. D.R. Horton, a national home construction company, is partnering with Kauai County to develop Ho‘oluana at Kohea Loa,
HANAMAULU — A 54-acre piece of land near the intersections of Kuhio and Kapule highways is being converted into a housing development.
D.R. Horton, a national home construction company, is partnering with Kauai County to develop Ho‘oluana at Kohea Loa, a neighborhood that offers both affordable housing options and single-family homes.
The project will include 151 homes, 40 percent of which will be affordable housing, according to a report from the Major Landowner Plans & Proposals in Lihue Community Plan Area.
“While new housing projects never seem to be affordable enough, and seem always to take too long to develop, the addition of this new housing inventory in this particular location represents a welcome and much needed step in the right direction,” said Councilman Gary Hooser. “I am hopeful that the county in partnership with the private sector can accelerate the further construction of truly affordable homes in all parts of our island.”
At Ho‘oluana at Kohea Loa, 107 of the structures will be single-family homes. There will also be 44 duplexes, said Mary Flood, senior vice president of sales for D.R. Horton, Hawaii.
The triangular piece of property will also be home to three-and four-bedroom houses. Prices for those homes will begin in the high $400,000s, Flood said.
Flood believes development meets a growing need on Kauai.
“As a local company focused on providing homes for local, working families, we are honored to be working on Kauai again,” she said. “The Hanamaulu area is conveniently located and is perfect for the home styles we are building, which accommodate extended-family living.”
While the development is privately funded, it will be up to the county of Kauai to determine the exact number of affordable housing at Kohea Loa, Flood said.
The four-phase Kohea Loa will have a density estimated at 440 housing units. Of that, D.R. Horton will provide about 40 percent as affordable housing, with fee-simple ownership, for income groups ranging from 80 to 140 percent of the Kauai median household incomes, according to Housing Director Kanani Fu.
In the first phase, the Ho‘oluana phase, all of the 151 housing units will be first offered to Kauai residents for six months.
The first phase includes mass grading and working on infrastructure, including water, sewage and roads. It will take a few months to complete, Flood said. Vertical construction will begin in spring 2017. A timeline for when homes would be available to purchase was unavailable.
Flood did not disclose the project’s pricetag.
