WAILUKU, Maui (AP) — Developers of a proposed fast-track affordable housing development on Maui say they are ready to abandon the plan in light of ongoing opposition. ADVERTISING WAILUKU, Maui (AP) — Developers of a proposed fast-track affordable housing development
WAILUKU, Maui (AP) — Developers of a proposed fast-track affordable housing development on Maui say they are ready to abandon the plan in light of ongoing opposition.
According to a Spencer family spokesman, their company MVI LLC cannot afford to continue fighting legal battles and they will not pursue the affordable development.
MVI LLC was developing a 257-acre project between the West Maui Mountains and Honoapiilani Highway.
The project would include 58 affordable lots and 55 market-priced lots. Each property would sit on at least 1 acre.
Spencer officials say ongoing opposition over the proposed project’s environmental assessment has left the family’s development company MVI LLC with few low-risk options for the property.
Community groups in February won a preliminary injunction against the project due to environmental concerns.
