D.R. Horton — Schuler Division’s rezoning request for its $4.6 billion, 11,750-home Hoopili master-planned community in West Oahu won unanimously approval Wednesday from the Honolulu City Council, a vice president for the developer confirmed to PBN.
The council voted 9-0 in favor of the Ewa development, said Cameron Nekota, vice president of D.R. Horton — Schuler Homes.
The Texas-based developer, which requested that the 1,289-acres of land be rezoned from agriculture to urban, already has received the approval for the zoning change from the state Land Use Commission.
D.R. Horton (NYSE: DHI) hopes to begin construction in 2016.
In the past couple of months, the developer donated five acres at Hoopili to the Hawaiian Humane Society for a second campus and another acre to the Waianae Coast Comprehensive Health Center for a new clinic.
The project also is supposed to include a major solar energy farm.
Honolulu firms The MacNaughton Group, Kobayashi Group and BlackSand Capital are under contract to buy 33 acres of land near Hoopili, which could become a retail center, as first reported by PBN.
The companies are well-known developers of retail and residential projects in Hawaii.
Opponents of the master-planned community argue that it will take away prime agricultural lands and cause even more traffic jams along the already congested West Oahu corridor.
Pacific Business News