According to newly released US Census Data, Hawaii County posted a 2.1% growth rate for 2007 and continued to remain the most popular location for growth in the Hawaiian Islands. Kauai showed a healthy 1.4% increase and Maui with a 1% increase. Honolulu County remained comparatively stable posting a small but notable decline of .1%
The likely explanation for this continued growth is that Hawaii County continues to offer the best housing prices available in the Islands. This is especially attractive to those retiring from the more urban areas of the islands or from the mainland. We continue to see new businesses move into West Hawaii and the University of Hawaii continues its expansion in East Hawaii.
At the same time, many are relieved that Hawaii County’s growth rate had backed of the nearly 2.8% rate of the previous two years and hope that this will allow much needed infrastructure to catch up. It was just reported today that the much anticipated second phase of the Queen Kaahumanu Highway bid had been awarded to Goodfellow Brothers. This follows the opening of the new north bound lanes of phase one earlier this week.