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Coco Palms: Back to Square one

slip

TUG Review Crew: Veteran
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U'alapue/Kaunakakai, Hawaii
Resorts Owned
Pono Kai, 20 wks; Maui Schooner, 1.5 wks; 1 week Ke Nani Kai; WaveCrest Condo, Molokai, HI

alwysonvac

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Resorts Owned
WORLDMARK, HGVC, VISTANA

SOLD (DVC, FSRC)
Thanks for the update.
 

Tamaradarann

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HGVC South Beach, HGVC Las Vegas, HGVC Las Vegas on the Strip, HGVC Sea World, Misner Place

ljmiii

TUG Review Crew
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For better or worse Coco Palms will need a developer who has deep pockets and serious political connections. Part of it is state land, part of it is on flood plain that can’t be developed (only grandfathered), and part of it is on land that is of significance to Native Hawaiians. WAAAY out of HGVC’s league.
 

Roger830

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ecwinch

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San Antonio
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Marriott Harbour Point (HP), Kauai Beach Villas, Riverside Suites, WorldMark Pts (WM), Wyndham Pts
I dont think it ever gets going as a resort. The death blow will be when they find a way to void the lease on the 14 acres of leased state land reducing the scale of the project enough to make it non-viable given proximity to the flood plain.

Given the attitude toward development on Kauai - other than for affordable housing - I cant see it.
 

Roger830

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It seems like too big of an investment is required to build a resort on that busy street location.

There's a nice size empty lot south of the Marriott Courtyard where a timeshare developer has defaulted on his loan.
 
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