Hawaii Foreclosures and Real Estate

Understanding Hawaii’s unique economy is a major part of running a successfulbusiness operation in the state.  Because of the island chain’s rather intricate and fragile way of doing business, newcomers must quickly understand the economic complexiono f the state in order to better understand the commercial landscape.  For people interested in Hawaii commercial real estate, the major economic driver is tourism. Although at one time, Hawaii was big in sandalwood and whaling, Hawaii today thrives off food exports, including coffee, macadamia nuts, pineapple, livestock, and sugarcane, as well as military and education.  Major commercial centers are located across the state, usually around harbors which are conducive to shipments.  Nawiliwili Harbor in Kauai is the major transit point for most goods and services on the island. The Kahului Harbor serves a similar role on Maui.  On Oahu, a much more diverse commercial landscape and spread out economic interests around the island.  Notable places of business include the downtown district that features dozens of high-rises and sky scrapers, Sand Island, Honolulu Harbor, the Honolulu International Airport, Campbell Industrial Park, and Pearl Harbor.  Major military installations throughout the state are also staples of the economy.  The largest bases are at Hickam Air Force Base and Pearl Harbor.

The Central Oahu Regional Park, known to many park users simply as “corp,” is a 269- acre public park and recreational facility in the community of Waipio in central Oahu. Although there have been a number of Oahu real estate foreclosures in the area Waipio is still one of the fastest growing areas on the island. The park includes a twenty-court tennis center, the Veterans Memorial Aquatic Center, which includes an Olympic-sized swimming pool, eight baseball diamonds, four softball diamonds, and a twenty-lane archery range. A tennis stadium is currently under construction at the park. Central Oahu Regional Park hosts a variety of events and serves a diverse range of community members throughout the year.

The baseball complex is the home field for the Hawaii Pacific University Sea Warrior baseball team. Every year, a large number of collegiate games are played at the complex. The Hawaii High School Athletic Association also hosts a number of baseball and softball tournaments at CORP. Additionally, a number of community youth leagues are based at the facility. On the weekends, it is not unusual to see all of the fields used continuously from sun up to sundown.