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All Press Releases for May 21, 2007 Subscribe to this News Feed      
 

Over $100 Million in Real Estate Sold in a Single Day at Honua Kai Luxury Home Seekers Choose Maui's Ka'anapali Beach and Honua Kai as the Ultimate Place to Own

Maui welcomed its newest homeowners at the Honua Kai Discovery Center this weekend at a VIP Sales Event that saw the release of the Final Collection of whole-ownership beachfront condominiums at Honua Kai, Maui. Including these newest Homeowners, close to 600 families have made Honua Kai their island home away from home.
connecting people with the ultimate places to play

Ka`anapali Beach, Maui (PRWEB) May 21, 2007 -- Maui welcomed its newest homeowners at the Honua Kai Discovery Center this weekend at a VIP Sales Event that saw the release of the Final Collection of whole-ownership beachfront condominiums at Honua Kai, Maui. Including these newest Homeowners, close to 600 families have made Honua Kai their island home away from home.

The first phase of Honua Kai's second condominium tower, Konea, was released last December and resulted in developer Intrawest's second highest sales record for a single day, outdone only by the initial release of Honua Kai in December 2005, where 318 condominiums sold out in just 8 hours.

Similar to previous releases, many new Honua Kai homeowners are long time Maui loyalists and frequent mainland visitors from the West Coast, specifically California. A new host of Homeowners were welcomed in this final release, hailing from the north. As a result of easy access through direct flights, as well as a strong economy, one-fifth of the new Homeowners at Honua Kai hail from Alberta, Canada.

The Final Collection of beachfront condominiums at Honua Kai featured one, one-plus den, two, and three bedroom units ranging in price from $695,000 to over $5 Million.

"Our success today of over $100 million in sales is the culmination of the demand for irreplaceable beachfront real estate, our unique location on Ka'anapali Beach and the easy access for Maui Loyalists to reach their island home," says Todd Patrick, sales director for Playground Destination Properties Inc, the licensed broker handling the sales and marketing campaign for Honua Kai. "With construction of the first tower moving quickly along, we are excited to see the vision for this master-planned resort come to life."

The condominiums feature exquisite interior appointments such as granite countertops, stainless steel appliances and frameless glass shower enclosures. Open floorplans lead to spacious lanais with incredible ocean and mountain vistas showcasing true indoor-outdoor living.

Honua Kai occupies the last stretch of undeveloped beachfront on Maui's famed Ka'anapali Beach and is the first new whole-ownership opportunity on Ka'anapali Beach in over twenty years. Situated on 38 acres of stunning Maui beachfront, the resort will feature three distinct pool experiences, a boutique spa, and the recently announced Duke's Maui beachside restaurant. Upon completion, Honua Kai will feature 627 condominiums and 73 townhomes.

Construction of the first condominium tower, Hokulani, is currently underway and is scheduled to open in late 2008. Construction of Konea is anticipated to start in fall 2007, with completion estimated for late 2009.

There are still a limited number of condominiums available in Konea, and with the first release of the luxurious Na Hale Luana Townhomes scheduled for Summer 2007, it's not too late for Ka'anapali enthusiasts to own at Honua Kai.

For more information about Honua Kai, including Konea and Na Hale Luana, visit www.honuakai.com or call 1-866-678-1310.

Media Contact:
Dana Samis
For Playground Destination Properties Inc.
604-648-3459

About Intrawest
Intrawest is a world leader in experiential destination resorts. The company, and its affiliates, have interests in ten resorts at North America's most popular mountain destinations including Whistler Blackcomb, a host venue for the 2010 Winter Olympic and Paralympic Games. The Intrawest network also includes Canadian Mountain Holidays, the largest heli-skiing operation in the world, Sandestin Golf and Beach Resort in Florida and Club Intrawest's private resort club with nine locations throughout North America. In addition, Intrawest develops real estate at its resorts and at other locations across North America and in Europe. Intrawest is headquartered in Vancouver, British Columbia. For more information, visit www.intrawest.com.

About Playground Destination Properties Inc.
Playground Destination Properties Inc., an Intrawest company, is part of the Playground group of companies. This group of companies ("Playground") is the premier provider of real estate sales and marketing services for destinations world-wide. With offices spanning the globe in Vancouver, Montreal, Orlando, Reno, Denver, and Lausanne, Playground is dedicated to fulfilling a mission of "connecting people with the ultimate places to play". Playground provides a unique breadth of properties from beach and mountain destinations, to golf and urban locations. Playground is currently offering ownership opportunities in world-renowned Whistler Blackcomb -- North America's most popular mountain resort; Honua Kai -- the only new condo hotel to hit Ka'anapali Beach, Maui in more than 20 years; and Florida's Sandestin -- 2,400 acres including white sand beaches and world-class golf. Playground is also proud to be the licensed broker for the Westin's properties in Orlando and Napa Valley, and for Edenarc 1800, a four star resort located within the popular village of Arc 1800 in the French Alps. To learn more about Playground visit www.playground.com.


This is not an offer to sell, nor a solicitation of an offer to buy, to residents of any state or province in which restrictions and other legal requirements have not been fulfilled. This offer is void where prohibited by law. The prices, plans, amenities, availability and improvements are subject to change without notice. Improvements, facilities and programs are in formative stages, and there is no guarantee that they will be completed or developed.

Playground Destination Properties Inc. is a Licensed Real Estate Broker in the State of Hawaii.

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Dana Samis
604-648-3459
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