Local Maui residents are getting a new $90 million residential neighborhood, after Stanford Carr Development broke ground on the project. With a total of 203 homes, the neighborhood will include a good mix of affordable and market rate-priced homes. Called Kahoma Village, there are a number of models and styles of homes being built.
There will be 102 two and three bedroom townhomes, which will consist of the affordable housing portion of the project. Sizes range from 1,042 square feet with two bedrooms and 2.5 baths, to 1,287 square feet with three bedrooms and 2.5 bathrooms. To qualify for an affordable living townhome in this community, candidates need to be at or below 140% of the Maui County average income, but it varies depending on family size.
There will also be 101 three and four bedroom single-family homes. These will consist of single-family alley loaded models, which range in size from 1,667 square feet with three bedrooms and two bathrooms to 2,329 square feet with four bedrooms and three bathrooms. All of these units include a 400 square foot garage. The last of the units will be single-family clusters, which range in size from 1,165 square feet with three bedrooms and two bathrooms to 1,670 square feet with four bedrooms and 2.5 bathrooms.
The new neighborhood will be located in Lahaina on the currently-vacant 22 acres of land between Honoapiilani Highway and Front Street and will take approximately two years to complete.
With sustainable features, Kahoma Village will suit the Maui lifestyle with its relatively green design. Along with the homes, there will be 1.75 acres of parks and the community will be a short walking distance from the beach, grocery store or the Lahaina town, allowing for a vehicle-free lifestyle.
This is the first time in 30 years that a new construction affordable housing development will be offered on Maui’s west side. While pricing hasn’t been released, it is estimated to start in the $200,000 range and go up to over $700,000. Ground has already been officially broken and construction is about to start. Public input was used in the initial stages of the project. The developer’s goals were to “provide access to high-quality housing for residents, while preserving environmental and cultural assets,” said Maui County Council’s Land Use Committee Chair, Robert Carroll.
A market study also found that this project will address future population growth and the subsequent need for housing because of it.