County is a developer’s utopia
Here we go again with Palamanui. Can we at least hold one developer’s feet to the fire?
Let’s start at the beginning.
Pretend we are developers. We are looking for a place to make an investment for our owners. We are looking for a place to put in the absolute minimum investment and get the maximum return. We need a market that is in the higher end of the resale scale with an abundance of underdeveloped land. We also need the cooperation of the governing bodies of our chosen target area. We need the planning departments in that area to be completely unknowledgeable of foresight, planning and contract law.
Through our research we find just what we are looking for. We also find out that the place we are contemplating has an extremely poor history of holding us to any of our contracted, promised benefits made to get our rezoning. In fact, they have never held anyone to a contract. So we promise them the moon, all the while knowing in the end, the only things we have to give them are the promises. They will buy what we are selling sight unseen and unproven.
This is a developers utopia — it’s the County of Hawaii.
Ray Pieri
Kailua-Kona