Jack Roden - March 2025
March has brought with it a wave of statewide legislative action aimed at addressing the housing crisis exacerbated by the Lahaina fire. Governor Josh Green signed a set of new bills intended to fast-track permitting and reduce barriers to construction. Among them, SB66 is drawing particular attention for its “shot clock” permitting process, which gives counties 60 business days to approve or deny completed applications, or they’ll be deemed approved by default.
While these changes won’t take full effect until July 2026, the real estate industry is already preparing. Architects, builders, and planners are meeting to interpret what the new rules mean and how to work collaboratively with local government to avoid backlogs. The intent is to move projects forward while respecting cultural and environmental concerns.
In the meantime, interest in vacant land has grown. Parcels in Waiheʻe, Honokōwai, and even parts of central Maui are receiving increased attention, especially those with existing infrastructure. Developers who have previously been hesitant to build are taking a closer look at opportunities to contribute to long-term housing solutions.
Beyond Maui, Honolulu is seeing similar pressures. Oʻahu’s market remains tight, with limited inventory and rising costs. The policies being implemented statewide are expected to ripple through all islands, and March has been full of forums and town halls aimed at educating both the public and professionals.
There’s cautious excitement in the air. These legislative changes mark a turning point in how Hawaii may tackle its long-standing housing shortage. On Maui, they carry special significance, as they may pave the way for Lahaina’s rebirth.