WAIMEA PLANTATION A MIXED-USE COMMUNITY. KIKIAOLA LAND COMPANY LTD. Waimea, Kauai

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1 WAIMEA PLANTATION A MIXED-USE COMMUNITY KIKIAOLA LAND COMPANY LTD. Waimea, Kauai

2

3 ALOHA Welcome to Waimea Plantation, 625 acres of privately owned land adjacent to the existing Waimea community on the west side of Kauai, a prime location for the development of a mixed-use resort community on Hawaii s Garden Island, known for its geological landforms, lush tropical forests, and rich cultural history. As the owners of Waimea Plantation, the Fayé family has been an integral part of West Kauai for more than 100 years. Through its Kikiaola Land Company (Kikiaola), a conceptual master plan for the area has been prepared for a mixed-use community. As an extension of historic Waimea town the mixed-use community will provide a diversity of new economic opportunities for West Kauai while preserving the significant cultural and historic resources of the area. The new Kauai County General Plan has designated portions of Waimea Plantation land as Resort and Urban Community which will enable the plan to incorporate a resort, a private marina and a golf course as well as a variety of commercial and housing opportunities. Kikiaola began implementing its master planning with the construction and operation of the Waimea Plantation Cottages, an 82-unit oceanfront hotel and conference center consisting of cottages nestled among mature coconut and banyan trees. The facility has gained wide acceptance for its environmental and cultural sensitivity. In addition, two residential subdivisions have been developed and sold. The community has also been enhanced by Kauai County s new Technology and Visitor Center that is situated on former Kikiaola land at the base of the Waimea Canyon Drive, entry to the famed Grand Canyon of Hawaii. To achieve the fullest potential of its Waimea Plantation Community Plan, Kikiaola is offering development opportunities to responsible investors who share our vision and want to participate in its implementation, either as a leasehold developer or joint venture partner. Also, selective parcels of Waimea Plantation may be offered for sale. This brochure summarizes existing project conditions, describes the site and conceptual master plan, and identifies development opportunities at Waimea Plantation. For further inquiries, please see the back-cover contact information. Linda Fayé Collins President, Kikiaola Land Company Alexander L. Fayé Board Chair, Kikiaola Land Company 1

4 SITE DESCRIPTION Situated 25 miles west of Lihue Airport and Lihue, the Kauai County seat of government, Waimea Plantation is located between the towns of Waimea and Kekaha on the southwestern coast of the Garden Isle. Kaumualii Highway, the primary access serving this area, bisects the property in an east-west direction and runs parallel to the ocean approximately a quarter mile inland. elevations that afford expansive views out to the ocean. Until recently, most of this land has been in agricultural production. Constrained by steep, State-owned property to the north (mauka), the Waimea River to the east, and the Pacific Ocean to the south, the town of Waimea can grow only in a westerly direction, on Waimea Plantation land. The 170 acres of Waimea Plantation on the makai (ocean) side of the highway is lined by a five-milelong ribbon of black sand beach stretching from the Waimea River to the Kikiaola Boat Harbor. The beach provides an interesting walking experience with views of Niihau Island and romantic sunsets. The remaining 456 acres of Waimea Plantation are situated between the highway and steep dramatic cliffs to the north, which rise to the majestic West Kauai mountains and Waimea Canyon. The Waimea Plantation property is basically flat with little topographic variation except at higher mauka (mountain) North Barking Sands Beach Pacific Missile Range Scale in Miles Polihale State Park KEKAHA KIKIAOLA PROPERTY Island of Kauai Na Pali Coast Waimea Canyon Kokee State Park Menehune Ditch WAIMEA Kaumualii Hwy. HANAPEPE Port Allen Hanalei Princeville Airport HANALEI LIHUE KOLOA ANAHOLA Lihue Airport Wailua Nawiliwili Pacific Ocean Aerial view of Waimea Plantation-Kikiaola Land, Waimea, Kauai 2

5 REGIONAL SETTING AND RESOURCES West Kauai offers an abundance of historic, scenic, recreational, and community facilities that make this area attractive for visitors and residents alike. The climate of West Kauai is one of the sunniest and driest in the State of Hawaii and the area is noted for its long stretches of beautiful sand beaches to the west of Waimea. Other area attractions include broad vistas of the West Kauai mountains and the island of Niihau. There are extensive parks and hiking trails, and unlimited ocean recreation activities, including some of the best deep sea fishing in the State and excursions along the spectacular Na Pali Coast. Each year, more than a million visitors pass through Waimea to Polihale State Park, Kokee State Park, and Waimea Canyon. The town of Waimea has had a long history of precontact Hawaiian civilization as evidenced by the Menehune Ditch, several heiau (Hawaiian places of worship), and other remnants of early Hawaiian settlement and agricultural activity. Waimea is the site of Captain Cook s first landing on Hawaiian soil in Other significant historic structures in Waimea include the Russian Fort Elizabeth State Historic Park, the early missionary Gulick-Rowell House, the Foreign Church as well as the historic sugar mill and multi-cultural mill camp, one of the few camps still serving as a residential community. Kalalau Valley Waimea is an established community, known for its small town friendliness, accessibility and safety. In addition to a police station and fire station, Waimea has a full-service acute-care hospital, an elementary and middle school, and one of only three high schools on the island of Kauai. The U.S. Navy s Pacific Missile Range Facility (PMRF), eight miles west of Waimea at Barking Sands, is the island s largest employer. It is reported that PMRF contributes over $8 million annually to the economy of the greater West Kauai area. Kauai County s new Technology and Visitor Center is situated on a parcel located on the northwest corner of Kaumualii Highway and Waimea Canyon Drive with phase II soon to be on-line. Additional commercial development is planned for this prime nine-acre parcel. Shopping, dining, and evening entertainment facilities are limited in the West Kauai area and present potential investment opportunities. Techno-Center 3

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