Building Industry Hawaii - July 2023

AS A LOCALLY OWNED GENERAL ENGINEERING CONTRACTOR, KAIKOR CONSTRUCTION GROUP IS COMMITTED TO PROVIDING ITS CLIENTS WITH QUALITY CONSTRUCTION WHILE OPERATING WITH INTEGRITY AT EVERY LEVEL

been successfully completed, [compris- ing] 60 spacious single-family homes. “The rent-to-own program with no income requirements is especially bene- ficial for Native Hawaiians who often face difficulties accessing affordable housing. Building homes for friends and families of Hawaiian descent is a source of pride and purpose for us.” This year, Masutani is thrilled about his company’s upcoming Kapolei Parkway project, set to begin in August. “The project entails the construction of a 405-unit affordable housing apartment complex, featur- ing studio to four-bedroom units, commercial space, day-care facilities and an outdoor recreation area,” says Masutani. “This project will play a critical role in addressing Hawai‘i’s affordable housing shortage.” Another Coastal Construction project in 2022 was Kai‘ulu O Waikoloa on Hawai‘i island. Although he’s optimistic for the future, Masutani sees a slowdown in the residential market due to increas- ing interest rates. “Although the demand is still there, the pace of building has decelerated,” he says. “[But] the increasing need for housing and diversity of product types … will create an abundance of opportunities.” – Jackie M. Young Kenneth Sakurai’s humble beginnings as a carpenter’s helper in 1959 set the foundation.” —Les Masutani, vice president Les Masutani “This year will be our 50th anniversary! President and founder

SPECIALIZING IN BRIDGES, CONCRETE CONSTRUCTION, SITE DEVELOPMENT, PRE-CAST STRUCTURES, INFRASTRUCTURES AND PERVIOUS CONCRETE

Building with Aloha Since 1985 808-841-3110 WWW.KAIKOR.COM

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