Joel K. LaPinta, CCIM R® has been retained to assist in the sale of two parcels within the growing west Hawaii community.  The seller will consider selling the parcels either separately or together.  The parcels provide several unique opportunities to develop highly desirable residential and mixed-use properties.  The parcels are located within the Honokohau Village Regional Center, one of only four regional centers designated by the Kona Community Development Plan (KCDP).  Regional centers have been selected by the community as growth centers to promote Transit Oriented Development (TOD)[1] on the Kona Coast of the Island of Hawai‘i.

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Supporting road and infrastructure are already in place to enable the development of these parcels as well as neighboring public and private lands to create a truly livable community.  The recently completed Ane Keohokalole Highway, a major north-south arterial roadway, and the West Hawaii Civic Center both adjoin the two parcels.  The location provides quick access to neighborhood schools including Kealakehe High School and recreational opportunities at nearby Honokohau Marina and Small Boat Harbor.  Major retail centers in the immediate vicinity include Costco, Home Depot, Safeway, Foodland, Sack and Save, KTA Super Stores, Target, Macy’s, Walmart and Kmart.  Kona International Airport is six miles from the site.

[1] Transit-Oriented Development (TOD):  TOD is defined as “The development of compact, mixed-use villages which would integrate housing, employment, shopping, and recreation opportunities.  Villages would be designed around transit stations/stops which would reduce the need for daily trips and financially support the expanded transit system.”  Kona Community Development Plan, September 2008