Kauai New Real Estate Development

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.