North Shore Preserve: The New Plan for Princeville Phase II

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

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Source: East West Partners

As reported a few months ago, The Resort Group (Jeff Stone) and East West Partners have teamed up to develop a plan for a new community on the lands in Princeville that currently encompass the Prince golf course, clubhouse and hundreds of acres of rolling countryside up on the bluff above the shores of Anini Beach.  In the arrangement, East West Partners is tasked with the planning, development, marketing and sales of the new North Shore community.  The proposed name for the new community is the North Shore Preserve.

“East West Partners is excited to be entrusted with this incredible Kaua’i 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.”

I recently attended a very preliminary, private tour of the project, and as it stands currently, the existing clubhouse structure is under renovation that will modify the exterior design, create a prepared foods marketplace with coffee shop in the upstairs south wing (for public use), and establish a lounge-like sales office for the project in the upstairs north wing.  In the longer term, the current plan is for a membership-based fitness center to be created in the downstairs south wing, and a restaurant to re-open in the downstairs north wing.  Currently, there is no plan for a golf pro shop to be accommodated in the structure, which coincides with the developers choice to not reopen the golf course any time in the foreseeable future, despite original reports that the course may reopen sometime in 2018.  Presently, the intention is solely to utilize the golf course trail system in some way relating to the provision of fitness programs, hiking, biking and general wellness, although it seems as though there is no definitive plan in this regard at this point.

As for the residential development component, the aim is to bring back the lower density, low key, light touch feel that is more complimentary to the agricultural and rural lifestyle found on most of the north shore. The focus is mainly the high-end residential, agricultural community — specifically on second homeowners. The plan for this 1,000+ acre preserve would be to create 75 multi-acre homesites on about 650 acres in total, and the first phase of homesites are reported to be made available for sale in Summer of 2018.  There is currently no pricing attached to the any of the sites in the development plan, as the developer is still gathering preliminary feedback from the brokerage community and other sources in that regard.  The onsite sales manager indicates that it is still a little early to accommodate buyer requests for tours, but sometime in the spring tours shall begin to be accommodated in advance of releasing the properties to market in the summer.

Please contact me with any specific questions, and if you would like to receive maps and pricing plans as soon as they are released:

Jim Karlovsky, R(B)  /  (808) 282-7981  /  [email protected]

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.