Real Estate & Development

A 12-story downtown Honolulu development will offer 180 micro-units averaging 350 square feet, targeting young professionals with rents starting at $1,800. The project aims to address housing affordability through efficient design and shared amenities.

Three major developments totaling $500M and 1,200 units are planned along Kamehameha Highway, capitalizing on completed rail transit stations. The projects represent the largest development boom on the corridor since the 1990s.

Oahu’s median home price hit a record $1.1 million in November as active listings dropped to historic lows. The housing shortage is pricing out local families and creating ripple effects throughout the island’s economy.

A 32-story luxury condo tower is proposed for the last vacant lot on Kalakaua Avenue, featuring 180 units and ground-floor retail. The project faces zoning hurdles and community concerns about traffic and infrastructure impacts.

New zoning restrictions limiting short-term rentals near Kailua Beach take effect July 1, creating a buffer zone to preserve residential character. Existing permits can continue, but new applications face stricter requirements in the popular tourist destination.