Development Potential in Hawai i County Opportunity Zones H ILO - PowerPoint PPT Presentation

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Development Potential in Hawai i County Opportunity Zones H ILO & K ONA F EBRUARY 21, 2019 2040 Forecasted County Population Growth 350000 8.0% Annual Growth Rate 7.0% Resident Population 300000 6.0% . Average Annual Growth

Development Potential in Hawai ‘ i County Opportunity Zones H ILO & K ONA – F EBRUARY 21, 2019
2040 Forecasted County Population Growth 350000 8.0% Annual Growth Rate 7.0% Resident Population 300000 6.0% . Average Annual Growth Rate 52% 5.0% 250000 growth by 2040 4.0% 200000 2015: 195,000 3.0% 2040: 296,000 2.0% 150000 1.0% 100000 0.0% 1990 2000 2010 2020 2030 2040 SMS Hawaii 2
2040 Forecasted County Jobs Growth 140000 10.0% 8.0% 120000 46% 6.0% 100000 Average Annual Growth Rate Persons Employed growth by 2040 4.0% 80000 2015: 104,000 2.0% 2040: 152,000 60000 0.0% Generally matches 40000 Annual growth rate -2.0% population growth Lo rate, but not 20000 Employment - Mid -4.0% geographic Hi distribution 0 -6.0% 1990 2000 2010 2020 2030 2040 SMS Hawaii 3
2040 Forecasted Development: Hilo Forecast = Zoning Capacity + Forecasted Growth Black Dot = Housing Unit | Red Dot = 1,000 ft 2 Non-Res 4
Hilo Roads, Water, Wastewater, Schools, Police, & Fire 5
Hilo Opportunity Zone Amenities Economic Government Cultural • Banyan Drive Resorts • Government Center • Old Town Hilo • Kanoelehua Industrial • State Judiciary • Wailuku River, Boiling Area Pots, Rainbow Falls • Foreign Trade Zone • Bayfront Park System Education & Research • Prince K ū hi ō Plaza • Wailoa River State • University of Hawai‘i - Park • Hilo Farmers Market Hilo • ‘Imiloa Astronomy • Hawaiʻi Community Center College Health • Merrie Monarch • U.S. Pacific Basin • Hilo Medical Center Festival Agricultural Research • Ka Waena Lapa‘au Center Medical Offices • Hilo Community Ports Surgery Center • Port of Hilo • Hilo International Airport 6
2040 Forecasted Development: Kona Forecast = Zoning Capacity + Forecasted Growth Black Dot = Housing Unit | Red Dot = 1,000 ft 2 Non-Res 7
Kona Roads, Water, Wastewater, Schools, Police, & Fire 8
Kona Opportunity Zone Amenities Economic Government Cultural • Kailua-Kona • West Hawai‘i • Kailua Bay Visitor Civic Center • Kaloko- Destination • State Judiciary Honokōhau • Kaloko National Industrial Area Historical Park Ports • Kohanaiki Golf • Honokōhau and Ocean Club Small Boat • Kailua Village Harbor Business • Kailua Pier Improvement District 9

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