Sunday, February 9, 2020

Modular Housing Factory Opening In Hawaii

As the fifth-generation leader of a local company, Jason Fujimoto, president and CEO of HPM Building Supply, has seen the lack of affordable housing impact his own Hawai‘i Island community, including people he knows and works with.


Fujimoto hopes HalePlus, HPM’s new line of factory-built homes, will create such an alternative. Available initially on Hawai‘i Island beginning the second half of 2020, these modular units will be made entirely at HPM’s facilities in Kea‘au. They will then be transported on trailers, fully built and inclusive of all turnkey ready fixtures and appliances, to their final destinations.


Most important, the homes will be more affordable than anything comparable on the market today, Fujimoto adds. At under $100,000 for the base model, you get a 636-square-foot home with one bedroom, one bathroom, an open living and dining area, a full kitchen and a covered patio. Add as little as $30,000 for a plot of land on some parts of Hawai‘i Island and homeownership will be achievable for just a fraction of the statewide median home price, which Zillow says is $616,600.


Once its new manufacturing facility is complete, HPM says, it could produce up to 500 HalePlus homes a year. Twelve have already been ordered at a discount for Hope Services Hawaii as low-income senior housing. There are also plans to provide units configured for workforce housing in Waikoloa and on Lāna‘i.

CLICK HERE to read the entire HawaiiBusiness article

No comments: