Castle & Cooke needs approval to build its $2.2 billion community on agricultural lands
Castle & Cooke has asked the state Land Use Commission for permission to convert agricultural lands north of Costco in Waipio into its $2.2 billion master-planned communities Koa Ridge Makai and Waiawa.
The developer, which topped off a 16,000-home, 40-year project in Mililani in 2008, now seeks to reclassify nearly 768 acres in Waipio and Waiawa from an agricultural to an urban designation. Such a ruling would allow Castle & Cooke to move forward on its long-stalled project, which has been planned since the 1990s.
Koa Ridge calls for 3,500 housing units and 500,000 square feet of commercial development, an elementary school, parks, recreation centers and churches to be built on about 575 acres makai of the H-2 freeway. At Waiawa, Castle & Cooke would build another 1,500 homes on 191 acres mauka of the H-2 near Ka Uka Boulevard. The development, which would offer homes from $200,000 to $1 million, would bring more affordable housing to Central Oahu, create some 2,500 jobs and create millions in state and county revenue, said Bruce Barrett, executive vice president of Castle & Cooke.
If the commission agrees to the request, the developer still must go before the city to get subdivision approval, but it will have met all major hurdles, as the LUC approved Castle & Cooke’s environmental impact statement in June. With all approvals, the company could break ground at the end of 2012.
A series of public hearings, which could take months and no doubt will reopen old wounds and mend some old fences, began yesterday. The LUC tentatively approved the project in 2002; however, community opposition and legal battles sent Castle & Cooke back to the drawing board after a state judge ruled that a formal environmental review was necessary before the subdivision, with its planned medical and commercial development, could be built.
