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FALL 2007
This is the 34th issue of Sand Castles, Makai Properties’ quarterly real estate newsletter. Our goal in publishing Sand Castles is to provide an up-to-date source of real estate information for the
KIAHUNA GOLF CLUB PLANNING A SECOND MAJOR RENOVATION
The Kiahuna Golf Club is poised to undergo the second major renovation project since changing hands in 2001. Shortly after the acquisition of the Kiahuna golf course, The Kiahuna Players LLC, undertook approximately $9million worth of improvements to the course itself. From tees to bunkers, fairways to greens, every detail of the course has been redone and according to many, it has never played so well!
Kiahuna Players, LLC have had a dream from the very beginning to provide a golf and social club to serve the needs their friends, neighbors and fellow golf enthusiasts within the Po’ipu area. In light of the ever increasing usage of the course of late on top of all the new homeowners soon to take up residence in several new developments under construction in the immediate area, the club must position itself for the years ahead. While the course itself is better than ever, the club facility was designed and built over thirty years ago. At that time it served a much smaller resort community quite well but after three decades of use, the club and all its amenities are in need of some attention in order that it continues to meet the expectations of those who enjoy it.
An ambitious project is now being planned for the club house and will involve the complete renovation. Joe’s on the Green has long been one of the best restaurants on the south side and many miss the evening dining that was terminated several years ago. Upon completion perhaps we will enjoy expanded evening dining service once again. The renovation plan includes a modernization and expansion of the kitchen facility along with the addition of a multi use gathering and social facility for the new second floor. The vision also includes expanded membership amenities such as showers and changing rooms, locker facilities and meeting rooms hosting an array of social activities and events exclusive for the new membership base.
Unlike many members-only golf clubs, the new Kiahuna Golf and Social Club will not be tied to owning property in any designated area nor will membership be mandated in any particular residential community. This golf and social club membership opportunity will be available to anyone interested regardless of where they live, what property they own or if they call Kauai their full time home or not. The club structure will still require the payment of a onetime initiation fee as well as monthly dues. Members will enjoy unlimited golf privileges, access to the new second floor facilities and an array of member functions, activities and other incentives. This in no way will preclude the public play which now exists at Kiahuna but will simply provide members only services and facilities as well.
The plan is to do some test marketing, determine the demand, further refine the plan to best fit the community needs and then proceed to the permitting and building phase. Kiahuna Golf Club will be offering a Certificate of Interest Program whereby interested parties may formally express their interest in membership by placing a deposit in an escrowed account that will be applied toward a special Charter Membership fee. Once the permitting process is complete and the project is committed, then depositors will be offered membership as outlined in the certificate program. If all goes according to the anticipated plan, the club is anticipated to open its doors to its first Charter members in late 2009
Some of the benefits of participating in the program will be a lower initiation fee and many other Charter privileges over and above those seeking membership once the club opens its doors. By extending this program early in the planning process, the Kiahuna Golf and Social Club can gain valuable input in the planning process that will assure the best possible facility to meet its members expectations and best serve them in the future.
The owners are committed to the vision and are very excited and pleased to offer this unique certificate program to bring all those interested in a golf and social club along in their dream. By formally expressing your interest in becoming a member of a golf and social club you will be part of a privileged few charter members with special charter pricing and access as an incentive for coming along on this journey with them.
While not real estate services “per se”, Makai Properties has been asked to coordinate this certificate program and if you have an interest in the club and the Charter Membership opportunity, there are only a limited amount of Charter Certificates to be issued so give us a call and ask for the complete information package to be sent along to you right away.
GREEN LIGHT FOR ONE OF THE COMMERCIAL CENTERS IN KOLOA
A federal court settlement in favor of the Koloa Marketplace LLC will allow the developer to go forward with its plans to build a 76,200 square foot shopping and office complex in the heart of the Koloa business district, according to an article in The Garden Island Newspaper.
Koloa Marketplace’s attorneys filed a lawsuit in federal court alleging a violation of the developer’s civil rights to due process. The lawsuit contended that the Planning Director did not issue a report for or against the project within the 60-day period required by the County’s Comprehensive Zoning Ordinance (CZO), thus the plans should be deemed to be approved.
The center’s developer completed its application with the
County attorneys were seeking an appropriation of $75,000 from the Kauai County Council to defend against the lawsuit. Instead the suit was settled.
Community reaction has been mixed. Some are pleased to see that private property rights (rights that are bundled with zoning) are being upheld, and that the County is being held accountable in meeting it’s obligation in the timely processing of permits.
Others feel that the settlement has watered-down some developer concessions that had already been agreed to in meetings with the community and County. Community leaders are hoping that there will be a willingness on the part of the developer to work with their concerns regarding traffic congestion, loss of 50-year-old monkeypod trees, and the lack of a more “historic design” for the project.
The 12-building “The Shops at Koloa Town” will be sited on 8 acres at the northeast quadrant of the intersection of Maluhia (Tree Tunnel) and Koloa Roads, adjacent to the post office. The post office will be relocated into the new center and a small supermarket will be built in its place.
To see the complete articles from The Garden Island Newspaper containing stipulated developer requirements and community reaction to the settlement, go to www.kauaiworld.com/articles/2007/10/19/news/news01.txt and www.kauaiworld.com/articles/2007/10/05/news/news01.txt.
WHAT’S SOLD
KEKAHA/WAIMEA
HANAPEPE/ELEELE
KALAHEO
1250 Pua Melia 10,832 sf
1167 Pua Melia 10,794 sf
LAWAI / OMAO
KOLOA / POIPU
Waikomo Villas #100 1 Bd/1 Ba Condo $490,000
Waikomo Villas #130 2 Bd/2 Ba Condo $589,000
Kiahuna Plantation #80 1 Bd/1 Ba Condo $340,000
Kiahuna Plantation #92 1 Bd/1 Ba Condo $357,500
Kiahuna Plantation #110 1 Bd/1 Ba Condo $372,000
Kiahuna Plantation #139 1 Bd/1 Ba Condo $650,000
Kiahuna Plantation #28 1 Bd/1 Ba Condo $765,000
Hale Kahanalu #4 2 Bd/1 Ba Condo $499,000
Nihi Kai Villas #203 2 Bd/2 Ba Condo $925,000
Makahuena #4201 2 Bd/2 Ba Condo $590,000
Poipu Sands #111 2 Bd/2Ba Condo $830,000
Poipu Sands #324 2 Bd/2Ba Condo $979,500
Poipu Palms #203 2 Bd/2Ba Condo $900,000
Makanui #311 3 Bd/2 Ba Condo $900,000
Kahala #913 1 Bd/1 Ba Condo $525,000
Regency #123 3 Bd/2.5Ba Condo $639,000
Kukui’ula
Kukui’ula
Kukui’ula Lot #14 33,020 sf
Kukui’ula Lot #17 35,947 sf
Poipu Aina Estates #6A 2.38 Acre Lot $1,400,000
Poipu Aina Estates #6B 2.64 Acre Lot $1,475,000
Poipu Aina Estates #4D 2.52 Acre Lot $1,500,000
We hope you have enjoyed this issue of Makai Properties, Sandcastles. You will find this and more on line at www.makaiproperties.com. Please contact us with any comment! We are always pleased to hear from you!