2
continued page 2 - T o C are F orAROUND THE RESORT Valentine’s Day Specials Fall in Love Again and Again at Noe . . . Michelin-starred Chef Ryo Takatsuka and his outstanding culinary team have put together an incredible five-course menu featuring Hamachi Tartare with Caviar, Foie Gras with Mango and Raspberries, Maccheroni Pasta with Bottarga, Beef Tagliata and more at Noe, Four Seasons Resort Oahu’s signature Italian restaurant. Noe’s starlit patio and inviting interior are perfect for a truly romantic evening. (A la carte dining will also be available.) Reservations may be made via Ko Olina’s mobile app, Open Table or by calling 808-679-0079. Celebrate Romance at Laniwai Spa Now’s the perfect time to enjoy Aulani’s award-winning Laniwai Spa! Romantic Valentine’s Day specials include Me Ke Aloha “With Love” or “Love You Berry Much” rejuvenating massages (80 minutes), a memorable “Love is in the Air” facial, or Warm Cherry Almond manicure or pedicure. Laniwai Spa specials are available February 11 - 14, 2017. For reservations, 674-6200. KOCA Newsletter | January 2017 MALAMA IN THE SPOTLIGHT MALAMA Hau‘oli Makahiki Hou! Wishing you and your loved ones peace and happiness in 2017! New Ko Olina Resort Will Have Aquarium, Water Park and Spa Ko Olina Real Estate Market Gets a Four Seasons Boost Pacific Business News November 25, 2016 Katie Murar H omes in Ko Olina Resort are commanding premium prices thanks to the new Four Seasons Resort Oahu, with the average price of luxury homes rising by 22 percent since the hotel was first announced, according to a report by real estate consultant Ricky Cassiday. “Atlantis will astonish and amaze, as well as celebrate the history and culture of Hawaii.” - Jean-Gabriel Peres, president and CEO, Kerzner International http://www.staradvertiser.com/?p=626823 New Ko Olina resort will have aquarium, water park and spa By Andrew Gomes Posted on December 16, 2016 12:05 am COURTESY THE RESORT GROUP The oceanfront Atlantis resort will be located between Ko Olina Resort’s Kohola Lagoon 1 and Honu Lagoon 2. The planned Atlantis resort at Ko Olina Resort &Marina will have roughly 800 hotel rooms and 524 residences, according to an announcement Thursday that adds a few details about the previously publicized project. An affiliate of developer China Oceanwide Holdings Ltd. said the project on 26 acres of beachfront land also will have an aquarium, a water park, restaurants, bars, retail boutiques, a beach club, a spa, a fitness center and event space. China Oceanwide, a Chinese company that bought the development site in September for $280 million, announced the new details in partnership with Kerzner International Holdings Ltd. Kerzner will manage the property under its Atlantis brand. The two companies did not provide any projected development cost or timetable. However, Jeff Stone, Ko Olina’s master developer, who orchestrated the land sale, previously said Atlantis Ko Olina is a roughly $1.5 billion project that could start construction in mid-2017 and be finished two years later. Steven Wang, senior vice president of China Oceanwide’s new local subsidiary, said in a statement that the project will bolster Hawaii’s already strong tourism market, increase visitor spending and add much-needed hotel rooms to the market. e report compared resort market closings from condominiums and single- family homes on all islands with closings at Ko Olina from the fourth quarter of 2015 to the third quarter this year, examining two price ranges: more than $1 million and more than $500,000. For both criteria, Ko Olina’s price change exceeded that of the total market. “ere has been reticence against development in Hawaii since the ’80s, so there hasn’t been zoning for resorts because people turned against it, and

T CMALAMA F or - MunroMurdock.communromurdock.com/wp-content/uploads/2017/01/01-JAN-2017-KOCA-Newsletter.pdfAn affiliate of developer China Oceanwide Holdings Ltd. said the project

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Page 1: T CMALAMA F or - MunroMurdock.communromurdock.com/wp-content/uploads/2017/01/01-JAN-2017-KOCA-Newsletter.pdfAn affiliate of developer China Oceanwide Holdings Ltd. said the project

continued page 2 -

“To Care For”

A R O U N D T H E R E S O R T

Valentine’s Day SpecialsFall in Love Again and Again at Noe . . . Michelin-starred Chef Ryo Takatsuka and his outstanding culinary team have put together an incredible five-course menu featuring Hamachi Tartare with Caviar, Foie Gras with Mango and Raspberries, Maccheroni Pasta with Bottarga, Beef Tagliata and more at Noe, Four Seasons Resort O‘ahu’s signature Italian restaurant. Noe’s starlit patio and inviting interior are perfect for a truly romantic evening. (A la carte dining will also be available.) Reservations may be made via Ko Olina’s mobile app, Open Table or by calling 808-679-0079.

Celebrate Romance at Laniwai SpaNow’s the perfect time to enjoy Aulani’s award-winning Laniwai Spa! Romantic Valentine’s Day specials include Me Ke Aloha “With Love” or “Love You Berry Much” rejuvenating massages (80 minutes), a memorable “Love is in the Air” facial, or Warm Cherry Almond manicure or pedicure. Laniwai Spa specials are available February 11 - 14, 2017. For reservations, 674-6200.

KOCA Newsletter | January 2017

MALAMA

I N T H E S P O T L I G H T

MALAMA

Hau‘oli Makahiki Hou! Wishing you and your loved ones peace and happiness in 2017!

New Ko Olina Resort Will Have Aquarium, Water Park and Spa

Ko Olina Real Estate Market Gets a Four Seasons BoostPacific Business NewsNovember 25, 2016Katie Murar

Homes in Ko Olina Resort are commanding premium prices thanks to the new Four Seasons Resort Oahu, with the average price of luxury homes rising by 22 percent since the hotel was first announced, according to a report by real estate consultant Ricky Cassiday.

“Atlantis will astonish and amaze, as well as celebrate the history and culture of Hawaii.”

- Jean-Gabriel Peres, president and CEO, Kerzner International

http://www.staradvertiser.com/?p=626823 New Ko Olina resort will have aquarium, water park and spa ByAndrewGomesPostedonDecember16,201612:05am

COURTESYTHERESORTGROUPTheoceanfrontAtlantisresortwillbelocatedbetweenKoOlinaResort’sKoholaLagoon1andHonuLagoon2.

The planned Atlantis resort at Ko Olina Resort &Marina will have roughly 800 hotel rooms and 524 residences, according to an announcement Thursday that adds a few details about the previously publicized project. An affiliate of developer China Oceanwide Holdings Ltd. said the project on 26 acres of beachfront land also will have an aquarium, a water park, restaurants, bars, retail boutiques, a beach club, a spa, a fitness center and event space. China Oceanwide, a Chinese company that bought the development site in September for $280 million, announced the new details in partnership with Kerzner International Holdings Ltd. Kerzner will manage the property under its Atlantis brand. The two companies did not provide any projected development cost or timetable. However, Jeff Stone, Ko Olina’s master developer, who orchestrated the land sale, previously said Atlantis Ko Olina is a roughly $1.5 billion project that could start construction in mid-2017 and be finished two years later. Steven Wang, senior vice president of China Oceanwide’s new local subsidiary, said in a statement that the project will bolster Hawaii’s already strong tourism market, increase visitor spending and add much-needed hotel rooms to the market.

The report compared resort market closings from condominiums and single-family homes on all islands with closings at Ko Olina from the fourth quarter of 2015 to the third quarter this year, examining two price ranges: more than $1 million and more than $500,000.

For both criteria, Ko Olina’s price change exceeded that of the total market.

“There has been reticence against development in Hawaii since the ’80s, so there hasn’t been zoning for resorts because people turned against it, and

Page 2: T CMALAMA F or - MunroMurdock.communromurdock.com/wp-content/uploads/2017/01/01-JAN-2017-KOCA-Newsletter.pdfAn affiliate of developer China Oceanwide Holdings Ltd. said the project

continued page 1, In the Spotlight --

Valentine’s Day Vow RenewalNai‘a Lagoon 3, February 14

LPGA Lotte Championshippresented by HersheyKo Olina Golf Club, April 12-15

41st Annual Rell SunnMenehune Surf ContestMakaha Beach, April 14-16

For more information on these and other Ko Olina events,visit KoOlina.com or view on our mobile app.

Annual beachfront vow renewal ceremony; registration recommended; public parking available at Nai‘a Lagoon 3 and Ulua Lagoon 4.

Featuring a full field of the LPGA’s best; schedule of events and ticket prices available soon.

A benefit for the Rell Sunn Educational Fund, Inc., a non-profit corporation dedicated to educating the public on good sportsmanship and the environment, combating juvenile delinquency and providing funds to battle breast cancer.

KOCA NEWSLETTER | JANUARY 2017Ko Olina Community Association | 92-1480 Ali‘inui Drive, Kapolei, HI 96707 | (808) 671.2512 | www.KoOlina.com

David WongResort Manager, Marriott’s Ko Olina Beach Club

David Wong is the Resort Manager for Marriott’s Ko Olina Beach Club. Originally raised in Hawaii, David has been with Marriott for 26 years working in properties across Asia, Europe and the United States. At the Ko Olina Beach Club he oversees a staff of 400 associates who take care of over 28,000 vacation club owners. Wong currently serves on the board of directors for the Hawaii Lodging and Tourism Association.

LIVE MUSICO N R E S O R TBe sure to enjoy performances by some of Hawaii’s leading musical artists...right here at Ko Olina. Click on Events for daily line-up and venues or to inquire about reservations, seating or more information.

S A Y

AlohaT O :

CongratulationsKo Olina Golf Club

Ko Olina Golf Club was once again recognized as “Best of the Best” 100 golf shops around the world by the Association of Golf Merchandisers (AGM). A Platinum Award winner, Ko Olina Golf Club has won the distinction every year since the award’s inception in 2013. AGM is an international professional association of golf-related merchandisers, vendors and industry peers.

Click link to read full article >

Save the Date!

Ko Olina is one of the few remaining resorts which has a lot of space,” Cassiday told Pacific Business News. “Four Seasons was a big deal, and it will continue to lift up the community.”

For home sales priced at over $1 million, there were 11 sales during the four quarters examined by the report, with the average price surging 22 percent from $1.1 million to $1.4 million. For all homes in Hawaii’s resort market, sales jumped from 96 to 359 with the average price jumping 10 percent from $2.3 million to $2.6 million.

For home sales priced at $500,000 and above, there were 66 sales from the fourth quarter in 2015, and the average price jumped 11 percent to $771,475 from $696,059. For all homes in Hawaii’s resort market, there were 740 sales in that time frame with the average price jumping 9 percent to $1.6 million from $1.5 million.

Ko Olina real estate market gets a Four

Seasons boost: Report Nov 25, 2016, 5:00am HST

Homes in Ko Olina Resort are commanding premium prices

thanks to the new Four Seasons Resort Oahu, with the average

price of luxury homes rising by 22 percent since the hotel was

first announced, according to a report by real estate

consultant Ricky Cassiday.The report compared resort market closings from condominiums and single-family

homes on all islands with closings at Ko Olina from the fourth quarter of 2015 to the

third quarter this year, examining two price ranges: more than $1 million and more

than $500,000.

For both criteria, Ko Olina’s price change exceeded that of the total market.

“There has been reticence against development in Hawaii since the ’80s, so there hasn’t been zoning for resorts because people turned against it, and Ko Olina is one of the few remaining resorts which has a

lot of space,” Cassiday told Pacific Business News. “Four Seasons was a big deal, and it will continue to lift up the community.”

For home sales priced at over $1 million, there were 11 sales during the four quarters

examined by the report, with the average price surging 22 percent from $1.1 million to

$1.4 million. For all homes in Hawaii’s resort market, sales jumped from 96 to 359 with

the average price jumping 10 percent from $2.3 million to $2.6 million.

For home sales priced at $500,000 and above, there were 66 sales from the fourth

quarter in 2015, and the average price jumped 11 percent to $771,475 from $696,059.

TINA YUEN PBN  Front driveway entrance to the new Four Seasons Resort Oahu at Ko Olina. 

Luxury homes at the resort are commanding premium prices thanks to the new 

hotel.