Pacific Business News reports that the owners of 1,103 acres at the Princeville Resort in Hanalei, which last sold late in 2014 for $343 million, have hired East West Partners to create a new residential community on a portion of these lands. The area will encompass the Prince Golf Course, clubhouse, and some of the lands on the makai side of Kuhio Highway. East West Partners will manage everything from planning, development, marketing and sales of the new community.
“East West Partners is excited to be entrusted with this incredible Kauai landscape,” said Harry H. Frampton, East West Partners’ founder and chairman. “Plans for the property will not only celebrate the legacy of the area, but will create opportunities to connect with the North Shore community in health, wellness, and sustainability through innovative programming and a light touch approach to design. This is truly a dream project for us.”
It is reported that the goal is to start the remodel of the clubhouse and commence homesite sales late in 2017, and to have the golf course re-opened to the public sometime in 2018.
“We are excited to work with Jeff and The Resort Group and look forward to being part of this special place. Our goal is to open the golf course within 2018 and start the clubhouse remodel and homesite sales this winter/spring. Our focus is to make the clubhouse and golf course trail system a great asset for the entire North Shore community, including programs on fitness, wellness, hiking, biking, and golf,” Sutton said.
In addition to a sustainable agriculture and ranch community, the North Shore project will feature a spa, retail and culinary center, lush gardens and groves of fruit trees, Hawaii-themed pavilions, and open spaces. A network of paths will provide opportunities to walk, hike, and bike to tropical streams and waterfalls.
The full article in Pacific Business News can be read here: The Resort Group and East West Partners Announce a New North Shore Community Near Princeville, Kauai