HAWAI REAL ESTATE

Prices for O'ahu homes coming down fast Honolulu Advertiser
Michael Choi thought he had a $1.8 million Hawai'i Kai house ready for a quick and easy sale last November, but following nearly a year with no offers, he has cut his price to under $1.1 million.
Contract signed for Kapolei's huge mall Honolulu Advertiser
The state Department of Hawaiian Home Lands has selected a Florida company led by Edward J. DeBartolo Jr., former owner of the San Francisco 49ers, to develop a regional shopping center in Kapolei projected to open a first phase in 2009.
Punalu'u debates housing project Honolulu Advertiser
HILO, Hawai'i — The long-dormant plan to develop a hotel and up to 1,500 homes at Punalu'u is moving again, and it has stirred emotions in the isolated community. People want jobs and housing, but some are afraid the development would change the rural flavor of that part of Ka'u forever.
Airwaves sale brings options Honolulu Advertiser
The federal government's latest sale of airwaves will enable wireless companies to provide Hawai'i consumers with a wider array of Internet and dedicated video services.
Fear factor Honolulu Weekly
Twenty-three suspects were taken into custody on Aug. 10 in London, all of them involved in a thwarted plot to blow up 10 planes. It is believed that at least 50 individuals were involved in the planned attack. Most suspects were British citizens, several with ties to Pakistan.
Trade Winds Honolulu Advertiser
Fred Badua, senior financial analyst for Servco Pacific Inc., has been elected chairman of the executive board of the BETTER BUSINESS BUREAU OF HAWAII. Other officers include, first vice chair, Harry Byerly, associate vice president, Hawaii Pacific University, Center for Graduate Studies; second vice chair, Wayne Kirihara, senior vice president - marketing, Central Pacific Bank; secretary, Philip
Maui Divers adding five stores Honolulu Advertiser
Maui Divers Jewelry is expanding with five more Hawai'i stores over the next few months to give the company 65 retail outlets.
Italian splendor at third annual film festival Honolulu Star-Bulletin
This third annual Italian film festival brings the best of contemporary cinema direct from that lovely European country in the south, a collaborative effort of the Honolulu Academy of Arts, the Friends of Italy Society of Hawai'i and the Istituto Italiano di Culture (née Italian Cultural Institute) of San Francisco.
Medical center in works for 'A'ala area Honolulu Advertiser
A developer plans to build a medical office building on North Beretania Street across from 'A'ala Park on a site previously slated for a residential high-rise.
Experts predict 'soft landing' for Island economy Honolulu Advertiser
Two prominent Hawai'i economists say the state's vibrant economic growth of recent years is likely to flatten somewhat, but there are no signs of a significant downturn.

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