Kauai News and Real Estate Market Update December 2
Hello Everyone from rainy Poipu Beach! We’ve been having nothing but rain in our forcast for the past week and it looks like in the week to come also. Minor flooding and road closures have been happening frequently. I’ve been back for a full week now and I have lots of news, plus a guest blogger! My husband has written a section of this blog since I am sports challanged (except for golf). First a market report for Kauai. Here are the sales and new listings for the past week here on Kauai. kauai-real-estate-sales-and-closed-transactions-nov-26-to-dec-2.xls
*****Poipu Resort On Hold*****
The entrance to Royal Palms showroom off of Kiahuna Plantation drive has been blocked off this week. Permit delays force the refunding of deposits of more the 1 million dollars held by the developer for Royal Palms here in Poipu. According to the article published by the Pacific Business News on November 23 all the new developments here in Poipu, with the exception of Kukui’ula, Poipu Beach Estates Lots and Wainani at Kiahuna, are still in need of getting their water permit. For the full article click here Poipu Development Article
*****Kauai Planning Commission OKs Agricultural Subdivision Moratorium*****
Kauai’s planning commission approved a bill set forth by Mayor Brian Babtiste calling for a moratorium on all agricultural land development until December 31 of 2008 or until the County Council or Planning Commission adopts legislation to protect the remaining ag lands, whichever happens latter. This bill is headed for Kauai’s County Council and is expected to pass. Exemptions to this moratorium would be for affordable housing and those subdivisions that have received tentative approval. This bill is aimed at preserving Kauai’s rural atmosphere. The Mayor had introduced similar legislation 8 years ago when he served as a Council Member but it was defeated.
*****Hawaiian Airlines To Replace It’s Fleet*****
Hawaiian Airlines announced it has signed an agreement worth over $4 billion to buy as many as 24 new long range air-craft. This is the single largest investment in the 78 year history of Hawaiian Airlines.
*****Warriors Defeat the Huskies 35 to 28*****
(This section of my blog was written by my husband Will who backed the Hawaiian Warriors and won a bet against his avid Huskie fan of a brother-in-law) On Saturday night the University of Hawaii football team, playing for a perfect 12-0 Championship, played against the University of Washington Huskies.
Maybe still on a high from the week before when they beat Boise State for the outright WAC Championship, or maybe they were just awed by the size and speed of the Huskies, whatever the case the Warriors fell behind in the 1st quarter by 21 points.
But behind the senior leadership of quarterback Colt Brennen (42 of 50, 442 yards and 5 touchdowns) the Warriors took it to the final quarter for a 35 - 28 win against the Huskies.
It’s on to the Sugarbowl for the Warriors to face the Dawgs of Georgia! Go Warriors!