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PL-SMA-2023-000038 02.24.24 J. MATLOCK TESTIMONY
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PL-SMA-2023-000038 02.24.24 J. MATLOCK TESTIMONY
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Last modified
2/26/2024 8:13:31 AM
Creation date
2/26/2024 8:13:10 AM
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Plan Doc Template
Document Date
2/24/2024
Related Permits
PL-SMA-2023-000038
Permit Number
PL-SMA-2023-000038
Parcel Number
750180110000
Description
PL-SMA-2023-000038 02.24.24 J. MATLOCK TESTIMONY
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2008, ten years later, a SECOND time extension granted. <br /> (crickets) <br /> 2013, fifteen years later, property bought by Diamond Resorts International. <br /> 2014, sixteen years later, a THIRD time extension was granted. <br /> 2017, nineteen years later, plans approved for a 46-unit condominium timeshare. <br /> (crickets) <br /> 2021, 23 years later, a FOURTH time extension was granted. <br /> September 2022 the property is listed for sale. (Evidently it didn't sell?) <br /> January 2023, per the applicant the SMA Permit was automatically nullified due to non-compliance with the <br /> time performance condition. <br /> May 2023, "Baywood Dai Inc. entered into a purchase and sales agreement with DPM Acquisition LLC to <br /> complete the project." <br /> This doesn't appear to be a real sale with a change in ownership. <br /> Applicant Kona Hawaii LLC is a creation of Baywood Dai Inc., which is a part of DPM Acquisition LLC, which is <br /> controlled by Diamond Resorts International. The only entity added is the potential of a Residence Inn hotel <br /> branding. <br /> September 2023, twenty-five years later, the current application to double the size of the initial proposal is <br /> submitted. They are asking for another five years to build, with the Planning Director able to grant an <br /> additional five years without further public review. <br /> In other words, if approved, the next expiration could be in 2033. <br /> That's 35 years from the initial application and two decades since Diamond Resorts (aka Kona Hawaii LLC) <br /> bought the property. <br /> 2 <br />
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