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+--- Thread: Kaimu neighborhood center potential (/showthread.php?tid=2631)
Kaimu neighborhood center potential - Rob Tucker - 12-19-2006
I have spoken to Wesley Matsunaga at DLNR about the new road ands sub-division infrastructure on the Red Road near Kaimu.
These lots are intended to replace lots destroyed in the Kalapana lava flow. On what basis they will be awarded I do not know.
The lots are state land and will only be leased. Wesley says that there is nothing to prevent a commercial potential there except zoning which is currently AG.
He is sending me a map of the development.
RE: Kaimu neighborhood center potential - wax - 12-20-2006
Important disclosure is that, at least for commercial/industrial/resort leases the State sets a maximum time for the lease (45 years with possible 10 year extension). At the end of that time the next lease must be awarded as a result of a public auction. Any structures on the property become the property of the State at the end of the lease period. When entering into such a lease it is important to know the State's "end game." (As the businesses in the Hilo Industrial area are now finding out).
RE: Kaimu neighborhood center potential - peteadams - 12-20-2006
Interesting concept "replacing" lots destroyed. If offered to the original homeowners whose lots were lost this makes Hawaii a very decent state for its residents, almost like insurance. If the properties are being offered to the general public I don't get why they are doing this. My Ready map shows a Kaimu-Makena Houselots area makai of the Painted Church and north of 137. Is this where the development is occurring?