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Hawaii Real Estate Articles for Buyers : OAHU HAWAII NEW HOMES

60,000 new homes planned for O'ahu By Andrew Gomes
Advertiser Staff Writer, Tuesday, September 19, 2006

Developers, encouraged by strong housing prices, plan to build roughly 60,000 new homes on O'ahu over the next two decades, according to a city survey and Advertiser estimates.

The expansion — adding the equivalent of a new Mililani, Hawai'i Kai, Wahiawa, Kailua and Kane'ohe combined — comes with benefits and drawbacks. It's good for the economy, jobs and families pursuing the American Dream of homeownership. But it's often bad for open spaces, commuters frustrated by increasingly congested traffic and children attending overcrowded schools.

 The projects could mean significant impacts on O'ahu residents already facing congested freeways, crowded schools and rising fees for infrastructure such as sewer lines.  Whether developers will be able to follow through on their plans depends on market conditions, but the prospect of so many new homes is jarring to many.

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