Princeville Resort Golf Course

New Princeville Resort Changes Plan

Jim Karlovsky, RB | (808) 282-7981 Local Kauai News , Real Estate Leave a Comment

Princeville Resort Golf CourseAs most everyone knows by now, the 1,103 acres at Princeville Resort in Hanalei, which includes the Prince Golf Course, sold late last year for $343 Million, and the new ownership group hired Discovery Land Company, a full-service real estate development company based in Scottsdale, Arizona, to manage it.  Intended to be an exclusive, luxury private club community and resort, Discovery Land Company branded the development the “Hanalei Club,” and flew in their sales team earlier this year and began setting up their sales office in the former Prince Golf Course clubhouse.  Well, now just a few months later, the Garden Island Newspaper and other news sources are reporting that Discovery Land Company will no longer be managing the project.

In a statement from ownership, a representative explained, “Discovery Land Company will no longer be managing our resort at Princeville at Hanalei… As stewards of Princeville at Hanalei for more than 10 years, The Resort Group takes its role on the North Shore and within the community very seriously. We appreciate all that Discovery Land Company has done for us during this time, and consider them experts at what they do… We remain committed to the sustainable, environmentally focused development of this uniquely beautiful location, and we expect to maintain nearly all of the local employment positions associated with the project.”

No other news regarding new management or other changes to the development plan is available at this time.

To read more about the sale of this property and original proposed development plan, read the article, “$343 Million Princeville Resort Sale Second Largest in Record-Setting Year for Hawaii.

Contact Jim Karlovsky for more information, or for any other assistance with your Kauai real estate needs.

 

 

About the Author

Jim Karlovsky, RB | (808) 282-7981

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Having worked as a licensed Real Estate Broker in 3 states (HI, CA & IL), with $6.7 Billion in real estate sold, leased, advised upon and/or formally valued for clients, and with the experience of more than 150 completed transactions involving luxury residential, vacant land, retail, office and industrial property types, I bring a wealth of knowledge and experience to the real estate advisory and sales services I provide to my clients here on Kauai. I hold myself to the highest ethical standards and always place my clients’ interests above my own. With an unwavering and unsurpassed work ethic, I work to advance the objectives of my clients with integrity and in a manner that fosters a sense of trust and respect.