Twisting Arms: Want Half Off on Property Taxes? Move to Hawai'i!

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Twisting Arms: Want Half Off on Property Taxes? Move to Hawai'i!

Sep, 4th 2016

The city is offering a 50 percent discount on property taxes — but only for some landowners and businesses in Kakaako.

The move is intended to help preserve and promote industrial business uses in an area that has become the center of high-rise condominium development on Oahu.

A main premise of the tax break, which was granted by the City Council over opposition from Mayor Kirk Caldwell’s administration, is that high-rise developments and other more valuable property uses in Kakaako, especially around planned rail stations, are driving up property taxes for owners of industrial properties and businesses.

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