HomeMy WebLinkAboutCOM 0175.002 2002-2004 i
AKINAKA 3i ASSOC]ATES. LIMITED
A LSTON HUNT FLOVD & ING
ASHFORD & WRISTON
HANK OF HAWAII
SECT coLLINS HAWAII, uMlreD HAWAII LEEWARD PLANNING CONFERENCE
CARES SCH UTTE FLEM[NG & WRIGHT PO BOx 2156 KnMUELA, HAWAII 96la3-2159
CENTRAL PAQFIC BANK
CLARK REALTY CORPORATION
EARL E BAKKEN FOUNDATION kfLLIV>:~
FIRST HAWAIIAN BANK ~
GRE EN WELL FARMS, INC. 'g
HAWAII LAND COMPA NV yam, ~,-_-_------`J-~~~_-__
HAwnn PLAwNe MILL. LlMlreD ContacC .IoluT Ku~. President GvuotX Crwnt~
HAWAIIAN ELECTRIC LIGHT COMPANY .
HOKULIA/OCEANSIDE 1250 f~QAAan ~-eCll and planlllnt~ ~On1CIelll'L'
HOLUALOA COMPANIES
HUALALAI DEVELOPMENTCOMPANY (i~'l)$) R~'~-t)~3i3 Cltlall: hlpc [1 gTe.llei
iMANAK A, KUDO & FU]IMOTO
xAHUA RANCH LIM ITEU
KAI HAWAII, INC. YON 1[lh RL'SOI-f-Resldenhal HOIIIf$ 8[id ~ OlldorollllUIIIS III V~fS[ ff ilN~811
KAMFHAM PHA SCHOp MENT CORP. ~~1'O~ld l' F~UhC ['.0000[Illl' ~mpacT
KAUPULEHU DEVELOPMEN rti
KEALAKEKUA RANCH
KEAUA RANCH ticl+ Stodgy Shoes Resort-Residential Counh Tai Revenue Tops 522
KEnunou KoNA coNSrRUCnoN coRP tifillion
KOBAVgSHI GROUP, LLC
KOHn1A RANCH, LLC
KONA rRANSPORTAT]ON COMPANY ~~~al nl e?. 131 1st alld 01 1lLlVV all - I hl ~trUN In~~ I'Z tip r1-POSI[lC llt181 fCdl C$I£lIt
KTA SUPER STORES
I AN7HAU PROPERTIES, LLC Ill~IrkCL In ~`sY
I-'ORANGE & ASSOCIATES
MEDCALF tr EDDY PAaFIC INC Ha~~aii hats boosted the I1a~iaii County tai hose h~ million this wear
Ma~FARMS of HAWAII just-released ~wd~ r~amines the market and concludes that current Ha~~aii
MARYL. GROUP, INC -
MAUNA KEA PROPERTES ('ount~ Real Property Tai rem enue fbr thr resort-residential classiticution
MAUNA LANI sERVicE. INC account. lin~ ' 1 lit the island's entire propertt tai base.
MCCAN DLESS LAND & CATTLE COMPANY
McCORR15TON MILLER MUKAI Ma[KINNON
MENEH UNE DEVELOPMENT COMPANY
MooERS ENreRPRlses i Lc B~ SOUR- thr report estimates this resort-residential classification dill add
NATURECONSERVnNCVOr HAwnn g-lti.' illillirn in TroTCIh tu~e> to 1latsaii (~uunh col~fcrs. the resort-
ocEAmc nnlE WARNER aeLE of HAwnn I F ~ .
OKnI+ARn s Assoanres residential dei elopnlent~ alum the ~V~rst Ha~ulii coastline prop idc a stcad~
PA RKF_R RANCH, INC _
RAUOn EAY rROPERnes LLC and prcuic;ihlr inanne stream nC pmpert~. taM rc~cnur to 11a~~uii Cuunh.
PRR HAWAIf '
PONOHOLO RANCH, UMirED
QueeN EMMA FouNUAnoN B~ ctimpanxm. prcmimn Iiuna-hnhal? hotels. ussuciaicd commercial areas
QUEEN Li LIUOKA LANI TRUST
R M ~owiLLCORPORAnoN and ~~I~If cl,ur~cs hay tt total ofabuu~ SR millilin annualh in hropcrt~ lay.
RIEHM owervsscPLANNERSAReHiTECHTS hnClcthci. U c.i llu~~uii resort-residential alon~_ ~~ith those Itcilcl ~unlplinents
SAM O. HIROTA, INC
ssr'M iwreRNAnoNAI. INC no~~ conu~ihwcs It~er $?0 million ?nnual~ io d~c Ila~wii (~tiunt~ tai base
SUREIY KOHALA CORPORA r1JN -
rSAINTERNATIONAL,LIM[TEC
vrazoN HAwnn. INC "1 he recent dranuuic ~~ro~~th of high-end resort-residential de~rluinlent in
Vu Alf-0EA WATER SERVICE. INC. -1
wsrER ResouftceslNrERNAnoNAI,INC ~><epl llaiwii. primuril~ ~~ithin sell-cuntameLi resort nudes ?lon~ the Itiona-
wes THOMASrz AssoaATES. me liuhnl? cua~t. ~romTted this siud~. Vi c ~~ant u, help palict mul.ers better
w rsr Hnwnu corvca ETE }
a~Irler RLr nLUSON TONG ~ Got understmld the economic impacts related Iu resort-residential deg elopment-"
,rated Iuhn Rai-Ha~~aii I-ee~~,ud Planning ~onterencc President. the just-
rclcaxd study ti as eonunissioncd h~ I la~~ ui i I_ec~iard Planninc Conference
~uid Sias prepared h~ Decision .~nal~sts I la~~aii. Inr.
\CC<irding (Ii I~a~ "-1 hC tit}5f lti llC cOSU lti the C l~Llilh Lli support reti01-I-
iesidentiul in Irlu~i~el~ small in comparison to Lhe coos associated ~~ith
'ipical o~tner-occupied residential de~elopmcnts-~ I~eSOrl-residential
det elopci_~ ~inld most or all. of the huildim~ coos assuciutcd ~~iih
intiastructurc impron emcnLS 1 roads. tti aier- itastc~~ater s~ stemsl- and
a.o. sox us9 iccrcationa ~ucilities (~_t~l-count tennis courts- spas. picnic areas.
KAMUELA, HAWAII 96743
TEL: 808.885.9588 TtA 1117 n11n_ puuC). ResllCb CL'SldCllllll COIT1In UIlI aSSPCIaYI ITII dne> t~pICaIV
FAX: 808.885.9590 itiAei' Lhe COSL~ Of I11aInT37 nIIlg I'eS01"i ro,ld ,l ie Paling and maul tat nlnt_
hlpc@gte.net 1
i 41s(Ctt a1C1-cY <ICnI< and iL'C I'eltlUn >t SICiTI and On-sltC tiCCt1IlIV.
Comm. No.
Ref. Tol'I'~~
I~ef. Rota
.additionally. the coinparati~~el~ lo~~ occupancy-sates of these second residences result in a lov er demand for
Counter ser~~ices. The report estimates that I~a~~aii Count` ~~ill net $~'0.8 million in X00 ~ based on resort-
residential real propem~ taffies collected less the estimated cost of Count~~ sen~ices. In effect- resort-residential
projects pro~~id~ substantial ta_~ re~~enuet than subsidize support ser~~iees for full-ti?ne Bi~~ ]sl-and residents and
oth~: visitors.
Identified within the sntd~ as the retort-residential projects are the sin~~le-famil~~ homes and condominiums
associated with the followin~~ ~~~est lla~taii resort de~~elopments: ?Mauna hen Resort- IVlalllla L;n1i Resort-
w'aikoloa Beach Resort- Puako Beach Lots_ haupulehu- Hualalai Resort- Yukio and Hokulia. Thes~• projects
include sip tees of resort residential twits: tin~~le fan~ih homes (uLenzr-occupied)- ~~acation home, and szcon~i
homes- lots for single famil~~ hornet- condominiu~=Its (~~~ner-oce~6ipied>- ~~acation condominiums and second
condominiums- and condominitun units platted but not yet constructed.
In ~00~- the a~~era~e o~~ner-occupied resort-residential home had at, assessed ~~alue of million and an
a~~era~e aiu~ual property tai bill of'~13_,00. Second homes and ~~acation homes a~~era~ed air assessed ~~alue of
~`?.9 rnillion gild $'7.800 in annual propei-r~~ tapes. Resort-residential o~a~er-occupied~condominitu~~s averaged
an assessed ~ aloe of $790.100 and `~-1.000 in annual prupert~~ tapes. Second condominiums a~~era~a"1 an assessed
~~alue of X806. l0U and X7.900 in annual property tapes. In comparison- a typical o~~ner-occupant of a single
family Big, lsl~~!ld home pad s less th,.~n S~)OU ~,er ~ gar ii, property tapes.
Construction acti~~it~ and espendiuires h~~ the occupants of these resort-residential properties also contribute
~~reath~ to the Bi~~ lslaild's zconomic ~~ro~~th and acti~~it~~. The resulting economic acti~~it~~ on ih~ Bi~~ Island o~ er
the nest fi~~e ~~ears is projected to a~ era~~c ~ ~ million per ~~ear in construction actin in~. $18-1 milli~~n per ~ e~31
in indirect saps and ser~~ices in support of construction acti~~it,. `'_,00 construction jobs- ~-000 indirect jobs in
support of construction acti~~it~ and $191 millio? i? pa~-roll.
Hawaii Leeward Plaiuiin~a Conference is anon-profit organization that represents the lar~~e laildoti~zler and
de~~elopment commuiut~~ on I~a~~aii Island. Since 197-1. HLPC has been w~orkin~ ~~~ith ~ao~~ern~_nent ;and the
commuiur,~ to promote sutuid planning decisions for the island.
To rep ie~~ a complete cope of the Property 1 a~ Rey enues From Premium Resort
Residential Homes and Condou~iniums in V~ est Ila~~aii report contact Ross Vl~ilson Jr. at Current l~~~ents: email
greatpr~~ieurrent-e~~ents.coni or phone X808) ~~'C,-78-'0.