Haseko Hawaii Inc. has announced that they would like to build an $87 million recreational lagoon as part of their Hoakalei Resort in Ewa Beach. Haseko had previously planned to build a marina, but has since decided to abandon that plan stating that the public would be better served with a lagoon instead of a 600-slip marina and boat launch. Under their new proposal, the lagoon will be designed for paddleboarding, kayaking and other nonmotorized watercraft, and there will also be a swimming cove to meet the needs of residents and the resort community.
Reaction to Haseko's announcement has been mixed. Some residents are happy with the idea of a lagoon, while others complained that the main reason why they purchased properties at Hoakalei was because of the promised boat marina. Haseko contends that there had been a weakened demand for boat slips and that there were some legal challenges from conservation and cultural groups in obtaining the right to build a marina.
Source: Honolulu Star Advertiser, 7-9-2014, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Principal Broker, REALTOR®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
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