Haseko plans to appeal Hawaii judge's ruling, moves forward with Hoakalei retail project

Officials with Haseko (Hawaii) Inc. intend to appeal a Circuit Court judge’s ruling that ordered the developer of Ocean Pointe and Hoakalei to pay $20 million to homeowners because of the company’s decision to change the plan from a marina to a recreational lagoon at the resort community in Ewa Beach.

Tom Sagawa, president of Haseko (Hawaii) said in a statement earlier this week that the company was “extremely disappointed” with 1st Circuit Judge Karen Nakasone’s order, which comes two…

Source: Arizona Business Journal