Ongoing or planned developments at Ko Olina

Advertiser Staff

• Seaside at Kapolei LLC, managed by local developer Jeff Stone, plans to buy about 350 acres of Campbell Estate land in Kapolei to build a master-planned community that would include 2,900 homes, an 18-hole golf course, a park and a 33-acre commercial center. Seaside at Kapolei would be a mix of townhouses and low-rise condominiums in the $200,000-to- $300,000 price range. It would be built over about 10 years and cost more than $500 million.

• Sand Island-based homebuilder Armstrong Builders Ltd. bought an 11-acre Ko Olina site to build 120 single-family homes targeted to local buyers. The homes will be two- and three-bedroom residences priced from the low-$300,000s to mid-$400,000s. Sales are scheduled to begin this year. The project, called Kai Lani at Ko Olina, is at the entrance of the resort.

• Canadian homebuilder Brookfield Homes has begun construction on a first phase of 18 townhouse units as part of The Coconut Plantation, a planned community of 270 townhouses being marketed as second homes to Hawai'i visitors. The homes are priced in the $350,000-to- $500,000 range, and will promote a cultural mix of buyers.

• Marriott International is building 750 time-share units in phases. The $300 million project, called Ko Olina Beach Club, will include two-bedroom, 1,240-square-foot units that will hold as many as eight guests each. The 14-floor structure on 28 acres could hold a few thousand guests at a time. The company hopes to complete the first phase of 124 units by January 2003.

• Construction on an oceanfront restaurant, athletic club and meeting facility began in April. The $6 million, two-phase project called Ko Olina Ocean Club is being built between Lagoon No. 4 and the marina and is scheduled for completion by the beginning of next year.