Kauai New Real Estate Development

Out of the dust rises the Pheonix…..earthquake? What!!? As I sat enjoying a wonderful lunch with several of my collegues at Joe’s on the Greeen, out of nowhere came a soul shaking boom and the iced tea glasses quivered in unison like a line of Las Vegas showgirls all down the table. Luckily for us, no earthquake but just a scheduled blasting as Goodfellow, site work contractor for Brookfield Homes forges ahead carving up the bedrock on site of the new Pili Mai project at the edge of the fairways on the Kiahuna Golf Course. Grading permits at long last issued, the fist stages of site prep are finally under way. What a spectacle as the sky subtly dims the sparkling afternoon sun across the course as the cloud of dust and silt floats on the tradewinds that followed the blast. Interestng challenge for the afternoon duffers. looking for a bunker to dive into raher than out of!

Brookfield Homes out of California has been doing business in the state recently. They have successfully completed projects on Oahu and the Big Island. There first Kauai venture was NihiLani in Princeville completed last year and are now winding down the sales operations with only a small percentage left unsold. Pili Mai is their project in the Poipu area located along the 9th fairway at Kiahuna Golf Course. This project includes 15 buildings with 190 condiminum units in total to be built on 19 acres of zoned land, one of the five new developments contiguous to the golf course. They have been accepting reservation contracts for several months now and are finally showing signs that construction might start soon. Some tell tale posts and dust screening are currently being installed at the perimieter of the site with large stockpiles of gravel awaiting the elusive building permits. All of the Kiahuna Mauka developments have had to join collectively to fullfill many of the county infrastructure requirements which they have been working on over the past two years. Pili Mai offers buyers units from two to four bedrooms, approximately 1700 to 2500square feetinclusive of lanai and many of them have a garage feature as well. Prices start in the mid $700k range and go up from there. Talk to your Realtor about this project if you have any interest or register through any of the agents at Makai Properties, as all of our agents are familiar with the registration process and we receive regular updates directly from the development office in Honolulu.

S and P Marketing out of Canada, hot off their successful sell out at the Trump Tower Waikiki project, are here on Kauai ramping up their sales center for the developer of a condominium called The Koloa Landing at Poipu. Over the next six months, they will be taking reservations for this 300 unit condominium project from the sales center currently being completed on site. Dust screens are now being erected and the site prep is well in way. Meanwhile the developer continues pushing forward to secure all necessary County pemits and the required State registration necessary to begin their sales efforts. Their plans are to sell 300 units in ten seperate buildings with floor plans up to 4000 square feet of living spaces including spacious ocean view lanai. According to preliminary plans I have seen, the project will boast a lavish bundle of on site ammenities such as a pool complex, fitness facilities, covered parking garages and more. Over the past few years they have hired a local research firm to determine exactly what they need to provide and are currently surveying to determine their market demand, demographics and gather contact information for interested consumers. While no specific prices can be quoted prior to the isssuance of the Public Report, they appear to be targeting a range just under $1million to over $3million. I have had discussions with members of their sales team and they will be providing our office with sales information and basic instructions on the registration process that we may provide accurate and timely information on the opportunity as it becomes available to our clients and customers.