Poobah
TUG Member
Construction continues at the development in front of the Point. We are ocean-side in Bldg. 4 and yesterday could not really be in the unit it was so noisy. I think it was pretty much the same for Bldgs 3 and 6. They work from 7 AM to 6 PM.
Yesterday they were spreading what looks to be topsoil and digging a trench along the property line closest to the Point to install drain pipe. They are going to seed the area once they are done with the grading. I guess it will stay that way until any home construction begins.
You can pretty well see how this is going to shape up if homes (ever) get built. With lots priced at $3M I don't think it is going to sell very fast. It is clear that the lower units in buildings 3,4, and 6 will have no view other than the front of a house. Depending on the height of the homes any type of view from the 2nd level is in jeapordy. There will be no view from the adult spa nor the lower units in Bldg 2. Again even the second level is in jeapordy.
I did not realize how close Bldg 6 was to the property line. Right now you can't get between Building 6 and the development. The lower units of Bldg 6 will look directly into a house.
I raised the question about the effect of all this on inventories and deeds. DRI is not taking any action until homes start to be built. Apparently there is no plan of action when the homes are built, but changing the deeds involves the State of Hawaii because they decide what the view is. The question in my mind is what are they going to do when, for instance, there are not enough OF units to satisfy the number of deeds for OF units.
Yesterday they were spreading what looks to be topsoil and digging a trench along the property line closest to the Point to install drain pipe. They are going to seed the area once they are done with the grading. I guess it will stay that way until any home construction begins.
You can pretty well see how this is going to shape up if homes (ever) get built. With lots priced at $3M I don't think it is going to sell very fast. It is clear that the lower units in buildings 3,4, and 6 will have no view other than the front of a house. Depending on the height of the homes any type of view from the 2nd level is in jeapordy. There will be no view from the adult spa nor the lower units in Bldg 2. Again even the second level is in jeapordy.
I did not realize how close Bldg 6 was to the property line. Right now you can't get between Building 6 and the development. The lower units of Bldg 6 will look directly into a house.
I raised the question about the effect of all this on inventories and deeds. DRI is not taking any action until homes start to be built. Apparently there is no plan of action when the homes are built, but changing the deeds involves the State of Hawaii because they decide what the view is. The question in my mind is what are they going to do when, for instance, there are not enough OF units to satisfy the number of deeds for OF units.