Posted on: Sunday, March 28, 2004

Statewide building permits

Advertiser Staff

In the aftermath of a collapse in Japanese investments, the late 1990s were bleak years for Hawai'i's construction industry. But pent-up demand, low interest rates and a desire to diversify out of stocks have fueled a real estate revival. Since 2002, the value of building permits has soared.money, sometimes as much as $20 a square foot.