Gentry Homes Ltd., one of the largest home builders in Hawaii, plans to build a residential development with between 50 and 100 homes near the Kapolei Golf Course in West Oahu, one of the company’s top executives confirmed to PBN on Tuesday.
Gentry Homes, through its subsidiary, Gentry KGC LLC, recently purchased 17 acres of land on the Honolulu side of the golf course from HGP LLC, a subsidiary of Pacific Links Hawaii, which formerly owned the course as well, for $7.5 million.
Quentin Machida, vice president and chief financial officer of Gentry Homes, told PBN that the parcel is zoned for single-family homes, and that the developer plans to build that type of product on the land.
“There are some affordable requirements we are going to contend [with],” he said. “Most of these homes will be on the golf course.”
Machida noted that it is in the planning stages right now for the development, and that it will probably take a couple of years before we actually provide homes.
“We still have to go through a bunch of approvals,” he said. “We’re in the early stages of the process.”
Gentry Homes’ newest home developments include Parkside, which borders the Coral Creek golf course in Ewa, Sandalwood, which is located between Fort Weaver Road and Kapolei Parkway, also in Ewa and Mahinui in Kaneohe in Windward Oahu.
Honolulu-based Gentry Homes, which was established in 1968, tallied 160 housing starts in 2012, including single-family homes, multifamily projects and condominiums, according to PBN research.
The company ranked second behind only Honolulu-based Stanford Carr Development that year.
Gentry Homes declined to participate in the 2014 Home Builders list, which utilizes 2013 data.
Duane Shimogawa Reporter – Pacific Business News