COM 0601.001 2020-2022 - Laserfiche WebLink

Home

The name Kumu Hou means renewed purpose, and this is our legacy strategy as we finish our work here at Waikoloa. Ensuring that Waikoloa remains a gathering place for our residents, for the land and culture, and for the resorts and businesses providing benefits for generations to come and long after we are gone. We are fulfilling our founder's vision with Kumu Hou through a substantial endowment to the Waikoloa Foundation to preserve and support the culture and environment this region, which as I mentioned Cary will speak about in more detail later. And furthermore, we will help meet our communities need for more workforce housing. In that regard, you'll hear from Stanford Carr about what we have planned in that regard. For our intended, for our intended development and evaluation of our opportunities have shown that we should reduce our golf experience from 36 holes to 27 holes in order to right-size for the market demand for golf. The timeshare owners of Hilton Grand Vacations Club will still enjoy the views and amenities they currently return for year after year, and we will repurpose nine holes for a timeshare development that will support Hawai`i Island's economic recoverable—recovery, excuse me, and sustainable tourism future. We fully recognize the need to keep more visitors within the resort corridors and to reduce impact on our community as a whole. We believe timeshares offer a stable preferred visitor base with a lighter footprint. Our focus is on quality of visitors over quantity of visitors. Those who spend more time on property spend more money on dining and activities, who will stay longer, respect the natural environment, and are interested in culture, education, and giving back to the community. As we were conceiving this project, I was very honored to be able to engage again with our late Mayor Billy Kenoi. In my prior experience with Billy, I was always struck by his passion for the community and how much he wanted to accomplish for this community, and that stuck with me for all these years. And I was honored when he agreed to work with us in our early conception of this project, and I remember early on discussing with him our idea to develop some workforce housing within the bounds of our resort, which I don't believe had been done before, and he told me that if that was something we were really prepared to do, he was all in. To help us further he reengaged us with Stanford Carr, who's been a builder in this resort previously and we developed an agreement to fulfil his promise and we will make to you for workforce housing in connection with Kumu Hou. Mayor Billy and Ron in the spirit that they lead me further encouraged substantial investment in our community. We will make significant contributions by virtue of this project into the Waikoloa Foundation. Further fulfilling the legacy of love that these gentlemen had for the island. In addition to Cary Boedekker and Stanford Carr, we have available for you our, our operations chief here locally, Scott Head, and members of our primary consulting team that are led by Ann Bouslog of PBR Hawai`i,whom I will turn over to now. So, mahalo again for your time. BOUSLOG: Thank you, John. Good afternoon, Chair Vitousek, commissioners, Planning Department staff Again, you guys have been sitting here all the last hour or so hearing a really great and well-thought-out report that the Planning Commiss—excuse me, the Planning Department staff prepared and thank you for that. So, I'm going to try to limit my comments here to emphasize just a few of the cornerstones of the Kumu Hou planning that we hope you'll find as meaningful as we did. First, it's been noticed Kumu Hou is consistent with its governing LUC, SMA, General Plan, South Kohala Development Plan, and other entitlements and 15 EXHIBIT D