Showe to build Kauai Lagoons
Hawaii developer Kevin Showe announced Thursday the launch of Kauai Lagoons, a 520-acre acre resort on Kalapaki Beach including a Jack Nicklaus golf course.
The project, near the Kauai Marriott, was first planned by the late Chris Hemmeter two decades ago.
"This will be a world-class resort that everyone who loves Kauai can enjoy," Showe said of the resort, which will also feature a 38-acre manmade lagoon with marina.
Ritz-Carlton parent Marriott International Inc. (NYSE: MAR) and Kauai Development LCC are working on the project together on what Showe bills as Hawaii's most comprehensive resort.
"Kauai Lagoons is our company's first resort real estate project that presents such diversity in brands and residential offerings," said Robert Calhoun, regional vice president of sales and marketing for Marriott Vacation Club International.
The eventual plan is for 750 vacation homes including condos, townhomes and timeshare residences, some managed by Ritz-Carlton Club and others by Grand Residences by Marriott and Marriott Vacation Club.
The first residential properties are expected to break ground in the next few months. Sales of 78 two- and three-bedroom units will begin Nov. 1 with prices starting at $1.7 million.
The late developer Chris Hemmeter, who built the Hyatt Regency Waikiki, the Hapuna Prince resort on the Kohala Coast, and other major Hawaii hotels, laid the groundwork for Kauai Lagoons in the late 1980s, anchored by what is now the Kauai Marriott Resort & Beach Club, which features 356 hotel rooms and 232 timeshare villas.
The Ritz-Carlton Development Co. Inc. is the broker for some units while Kauai Lagoons Realty is the broker for others.
The project, near the Kauai Marriott, was first planned by the late Chris Hemmeter two decades ago.
"This will be a world-class resort that everyone who loves Kauai can enjoy," Showe said of the resort, which will also feature a 38-acre manmade lagoon with marina.
Ritz-Carlton parent Marriott International Inc. (NYSE: MAR) and Kauai Development LCC are working on the project together on what Showe bills as Hawaii's most comprehensive resort.
"Kauai Lagoons is our company's first resort real estate project that presents such diversity in brands and residential offerings," said Robert Calhoun, regional vice president of sales and marketing for Marriott Vacation Club International.
The eventual plan is for 750 vacation homes including condos, townhomes and timeshare residences, some managed by Ritz-Carlton Club and others by Grand Residences by Marriott and Marriott Vacation Club.
The first residential properties are expected to break ground in the next few months. Sales of 78 two- and three-bedroom units will begin Nov. 1 with prices starting at $1.7 million.
The late developer Chris Hemmeter, who built the Hyatt Regency Waikiki, the Hapuna Prince resort on the Kohala Coast, and other major Hawaii hotels, laid the groundwork for Kauai Lagoons in the late 1980s, anchored by what is now the Kauai Marriott Resort & Beach Club, which features 356 hotel rooms and 232 timeshare villas.
The Ritz-Carlton Development Co. Inc. is the broker for some units while Kauai Lagoons Realty is the broker for others.
posted by ams at 3:03 PM
0 Comments:
Post a Comment
Links to this post:
Create a Link
<< Home