This is to update yesterday's post on a report of work being stopped at Kauai Lagoons Resort. Additional information has been provided in today's Garden Island Newspaper wherein Kauai Lagoons developers are putting a positive spin on what they call a temporary postponement. Per a newspaper interview with the project director, the master plan always called for a multi-year project. The change is that 87 units originally planned for completion in 2009 has been slipped to 2010. And consistent with the Pacific Business News article referenced yesterday, it is reported that infrastructure work, including landscaping, will continue. The first building and its amenities is still planned for completion in January 2009.
Also in Kauai development news, there appears to be somewhat of a slowdown on the huge Kukui'ula project in the Koloa/Poipu area. According to the newspaper report, construction is continuing "on pace" although there will be some stretch-out of the residential product due to a slowdown in sales. I have been watching the shopping village go vertical and I hear through the coconut wireless that it will be opening next year. This part of the project was looking impressive 3 months ago (see photo). Since that time, much additional progress has been made and the new bypass road (behind the barricades) is now open for traffic.
Aloha!
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[Information herein is based on 3rd party reports that are deemed reliable but content is not guaranteed]
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Richard T. Dolbeare, R(B) Keller Williams Realty(808) 651-4550 Aloha@RichardDolbeare.com www.MauiSandCastles.com and www.KauaiRocks.com
Hawaii multi-island specialist, Maui & Kauai
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