Real estate development firm D.R. Horton expects to have the first 293 homes begin to rise at its planned 11,750-home Ho’opili community in November, the company said at a blessing ceremony today at the project site on Oahu’s Ewa Plain.
The first few homes are projected for delivery next summer. Some commercial space and a 1.8-acre neighborhood park with playground equipment and a gathering pavilion are also part of the initial phase of work on roughly 50 acres of the 1,554-acre Ho‘opili site.
Work on a second phase a bit more mauka next to a planned city rail station is slated to start construction next year and include more homes and commercial space.
Under an agreement with the city, 30 percent of Ho‘opili housing must be affordable to local households with low to moderate incomes. Prices for initial homes are expected to roughly range from the $300,000s to the $600,000s. Sales efforts are expected to begin early next year.
If built out as envisioned, Ho’opili will have 11,750 homes, 3 million square feet of commercial space, five schools and 200 acres of farmland.