New housing community planned for Ko Olina

A company headed by Ko Olina developer Jeff Stone has agreed to buy 350 acres of vacant sugar land from Campbell Estate to build a 2,900-home master-planned community called Seaside at Kapolei.

The property, between Kapolei and the Ko Olina resort, will also have an 18-hole golf course, a park passed over to the city and a 33-acre commercial center, Stone said.

The developers said they expect to build a mix of townhouses, low-rise condominiums and single-family homes in the $200,000 to $300,000 range. Work is expected to start two years from now and more than $500 million will be spent, according to a statement from Stone's new company, Seaside at Kapolei LLC.

Independent labels in Britain join with Napster

LONDON >> Hundreds of independent record companies in Britain and Europe signed a licensing agreement with Napster yesterday that will immediately make thousands of tracks available to computer-users worldwide.

Britain's Association of Independent Music and the Independent Music Companies Association signed the deal with the Redwood City, Calif.-based Napster on behalf of Europe's independent record labels.

Napster, the former music industry bad boy, has been moving toward legitimacy after a court ruling that it remove protected works from its song-swapping service. This latest deal will help boost the company's file of songs when its online music subscription service launches this summer.