Laserfiche WebLink
development couldn’t take place. Right? So that’s why we even can consider this, because it is <br />Medium Density Urban. <br />I am, for the record again, a proponent of our community development process and, community <br />development plan process, which Puna, Kona, South Kohala, North Kohala have established <br />plans with thousands of people participating.And Hamakua, and Kau is in the process right <br />now, and Hamakua is getting ready to go into that process. We’re not doing it for Hilo because <br />of monetary constraints I’m told. But in my, all the other members of the Commission know that <br />I talk about this all the time and that, you know, my preference is that the community <br />development process, development plan process gets done for Hilo. Right? To me it’s the <br />greatest need because we’re already developed. And then in that process you and everyone else <br />in the community who is concerned about the future of how Hilo is going to look, it’s basically <br />what you’re talking about, gets to make input. Okay? <br />But the reality, the long-term reality is that we need more housing. That’s one of the biggest <br />concerns I have, is that, you know -. Everybody knows we have a housing crisis. Right? So, <br />and it’s not just a Hilo problem or a Puna problem or a Kona problem. It’s, you know, an island- <br />wide issue. And so the community in my mind, you know, needs to get involved and get <br />working on this. The Planning Commission and the Council by itself, they’re concerned. There <br />are a lot of concerned people, they try to address it but it just keeps getting worse. Right? So, <br />you know, something like these 100 units, Multi-Family, you know, to me more units make it <br />better. Right? So I think that’s the best I can address your concern. <br />And in terms of, I think it’s obvious more people means more cars and more traffic and all of <br />that. We always hear that this is going to be minimal impact on our community. But the reality <br />is that every development on Oahu said the same thing, right, and they got what they got. Every <br />development on Maui said the same thing and they got what they got. So we need to look at the <br />bigger picture and, but in the end, you know, we have to look at these larger concerns. <br />So as far as my question for you is, you know, do you, I guess you’re giving your professional <br />opinion, right, that if this development occurs your property value will go down for a residence, <br />right? <br />NISHIDA: Yes. <br />IWASHITA: Do you have an opinion as to whether or not the property, you know, the <br />fact that perhaps the commercial, on the commercial value side that, you know, generally the <br />market will go up for the properties in the area? <br />NISHIDA: This isn’t being rezoned Commercial. This is being rezoned Multi- <br />Family. And part of, and I actually have a copy of an appraisal report that it very clearly shows <br />in there -. <br />IWASHITA: Yeah, okay. I misspoke. You know that type of zoning is, you’re correct <br />in pointing that out. But basically because the rest of the area, right, it’s not just this part but the <br />rest of the area, general area, is Medium Density Urban, the potential is there for other <br />8 <br /> EXHIBIT A <br /> <br />