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and they’ve got their house and blah, blah, blah, in to say, well, do you want to be part of <br />this commercial development? But it’s not just commercial. It includes things like some <br />light industrial uses perhaps, maybe like auto repair. It also includes some high density <br />mixed use, residential development, a lot of community facilities whether it be a park, a <br />school, a community building, you know, a gathering place, town square type, smart <br />growth, that’s the whole concept that’s going on there. It’s doing, you would play on the <br />individual lot owners’ economic motivation to participate because their land values <br />would increase. <br />BOWMAN: And this is feasible? <br />BROWN: It has been done before. And we had a consultant come out from <br />Florida who actually presented this whole concept of land pooling and how to create <br />these kinds of developments; and he has done it before. It has been done in Florida. For <br />example, another Sate where we had large scale subdivision of, you know, land out in the <br />middle of nowhere, virtually, that was just creating lots for a commodity to sell and <br />resell, but nobody ever figured they’d live there, but then people started to develop some <br />of these areas. So there’s still more research we need to do and that the community when <br />they come to do their master plan would have to decide on what tools are going to be <br />most effective for the creation of the center, say, in Hawaiian Paradise Park, for example. <br />In Pahoa or in Kea‘au, you wouldn’t necessarily need to use the same techniques at all. <br />Because they really have a commercial center already, you’d just want to create a plan <br />for, so that the development of those areas is done in a systematic planned way rather that <br />haphazard strip mall development all over the place. <br />BOWMAN: Okay, thank you. <br />rd <br />WATANABE: Okay. So building on that then and referring back to 33 Avenue, <br />if they wanted, theoretically based on the logic that you just presented, the values there <br />should increase. And so they should all be jumping to create a Light Industrial area there, <br />right? <br />rd <br />BROWN: I can see the lot owners on 33 might see an increase on their <br />nd <br />property values. The guy on 32 might have just the exact opposite effect. <br />WATANABE: I guess where I’m struggling with that is we have designated <br />certain areas, intersections within Pahoa, Kea‘au, etc., as places that we identified as we <br />would be open to more commercial developments, specific intersections, and that has not <br />occurred. And that’s why we still have the issue of not enough commerce there that you <br />and Ms. Naeole have been complaining about, and I think it’s largely because the land is <br />individually owned. And so everyone wants to exercise their own dream on that <br />particular parcel, and I think that’s where the problem lies, yeah. <br />OLSON: You hit it right on the head. I mean unlike planning in Kona where <br />you are bringing about new subdivisions usually adjacent to other subdivisions, your <br /> EXHIBIT B <br />17 <br /> <br />