HomeMy WebLinkAboutCOM 0087.000 1998-2000 o. ;,•- O Virginia Goldstein
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Mayor * Russell Kokubun
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PLANNING DEPARTMENT
25 Aupuni Street, Room 109 • Hilo, Hawaii 96720-4252
(808) 961 -8288 • Fax (808) 961 -8742
January 8, 1999
Ms. Ann Cobb
Planning Coordinator
Waikoloa Development Company
150 Waikoloa Beach Drive
Kamuela, HI 96743
Dear Ms. Cobb:
Change of Zone Ordinance No. 265, As Amended by
Ordinance No. 85 75 (REZ 506)
Change of Zone Ordinance No. 91 112 (REZ 697)
Applicant: Waikoloa Development Company
Subject: 1998 Annual Progress Report
TMK: 6 -9 -7: 9, 12 -18, 25. 26, 10 and 6- 9- 8:2,6,7.9 -12
This is to acknowledge receipt of your letter dated October 7, 1998, containing an annual
progress report as required by Condition K of Ordinance 85 75 and Condition M of Ordinance
No. 91 112. Thank you for complying with the annual report requirement.
As a reminder, you are required to comply with all conditions as stated in the above - referenced
ordinance within their appropriate timetables. Please note that your next annual report will be
due on or before November 18, 1999.
COMM No. Si
Flle No. 24141(0
Ref. To'
Ref. Date JAN U 8 08
0 0
Ms. Ann Cobb
Planning Coordinator
Page 2
January 8, 1999
Should you have any questions, please do not hesitate to contact Phyllis Fujimoto or
Susan Gagorik of this office at 961 -8288.
Sincerely, r iA A5\,1
VIRG A G'LDS IN
Planning Director
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WAIKOLOA
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October 7, 1998
1 R 1
CvUNI I '' IiH lllllI
Ms. Virginia Goldstein
Planning Director
Planning Department
County of Hawaii
25 Aupuni Street
Hilo, Hawaii 96720
RE: ANNUAL REPORT
ZONING ORDINANCE 265, AS AMENDED BY ZONING
ORDINANCE 85 -75, AND ZONING ORDINANCE 91 -112 (R 506/697)
WAIKOLOA BEACH RESORT
Dear Ms. Goldstein:
Please let this letter serve as the combined Annual Report required by Condition K of Zoning
Ordinance 85 -75 and Condition M of Zoning Ordinance 91 -112 for the Waikoloa Beach
Resort.
Work Completed includes:
Tenant improvement work completed at the Kings' Shops (TMK: 6- 9 -08:5) in the past
year includes renovations by tenants Maui Divers and Making Waves and new tenant
improvements for Islands Bridal Gallery and, within the next month, Nachos. Approximately
99.4% of available space within the shopping center is leased out of as of this date.
Work in Progress includes:
Completion of construction on Waikoloa Homesites Venture's golf course (TMK: 6-9-
08:por. 2), which commenced on January 26, 1995, remains deferred pending a change in
market conditions, which will not support a project of this nature at this time. Likewise, the
Kings' Estates (6- 9 -08:por. 12) single family residential subdivision has also been placed on
hold. We continue to explore options for development of the residential multi- family lands
surrounding the Kings' Golf Course, with the intention of being ready to proceed as soon as
the market indications point to the economic viability of these types of development.
Employment:
Direct employment by the major operating entities at the Waikoloa Beach Resort is
estimated below:
09194
150 Waikoloa Beach Drive • Waikoloa, Hawaii 96738 • Phone (808) 886 -1000 • Fax (808) 886 -8896
• Ms. Virginia Goldstein°
October 7, 1998
Page Two
The Bay Club 258
The Beach Grill and Kings' Grille
Restaurants 39
Dolphin Quest 25
Hilton Waikoloa Village 1,450
Kings' Shops (including tenants) 357
Ocean Sports 22
Red Sail Sports 41
The Royal Waikoloan 372
The Shores at Waikoloa 32
Vista Waikoloa 7
Waikoloa Land Company and
related entities 124
Total Estimated Resort Employment 2,727
Compliance with Conditions:
Conditions of approval of Ordinance 85 -75 related to project incrementation (B),
resubdivision (C), affordable housing (H), and a site for a school (J) have all been met, as
have Conditions of Ordinance No. 91 -112 related to plan approval for a portion of the
planned residential development (B) and compliance with Department of Education require-
ments (1). Compliance with all other conditions of approval is being pursued and/or the
conditions are ongoing and will continue to be complied with as applicable.
Though initially encouraged by signs of improvement in the Big Island economy, the
economic problems in Asia and the changes in the financial markets on the U. S. mainland
have created a feeling of uncertainty as to whether the global economy can support
investment of large sums of money in development projects. The direct flights from Japan
continue to have a positive impact, as do the groups brought in by the various resorts along
the Kona - Kohala Coast. We appreciate all of the efforts the County administration has made
to improve the economic situation here on the Big Island.
Your acceptance of this report for 1998 is appreciated.
Respectfully submitted,
Ann Cobb
Planning Coordinator
c: Ken Melrose
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