A group of developers have withdrawn their plans for a new 600
home project which would have been in the Wailuku area of Central Maui. The Puunani Subdivions project would have provided roughly 600 additional homes on the island of Maui. Towne Development of Hawaiʻi, Endurance Investors, LLC and the Association of
II Wai Hui, LP have decided to withdraw their plans without citing any specific reasons. However, long a entitlement process, access to potable water, and the cost of necessary improvements on and off the site were mentioned by Charles Jencks, a consultant
for the project.
The project would have been built on a piece of land makai of Wailuku Heights and adjacent to the Kehalani master planned community.
The project would have included 147 residential lots and 450 multi-family units providing much needed housing inventory in central Maui. The project also included around 25,000 square feet of retail and office space as well as a 15 acre park which would also serve as a storm water retention pond.
The project would have also provided improvements to Old Waikapu Road, which is a government road and Honoapi’ilani Highway to allow access to the site.
Towne Development of Hawaii has been responsible for completed projects on both Maui and the Big Island. Alii Heights Mauka, Sunset Ridge at Waikoloa on the Big Island and Moana Estates, Milo Court at Kehalani, and The Parkways at Maui Lani, all located on Maui are all their former projects.
Endurance Investors consists of James Stephen Goodfellow and Ryan Churchill. James Stephen Goodfellow is of Goodfellow Bros. general contractors and Churchill is the VP of Pacific Rim Land Inc. and the former head of the Maui Land & Pineapple Company Inc.
The Association of II Wai Hui LP is headed by Lloyd Sodetani, of Maui.
For more information on this take a look at the articles in Pacific Business Newsand Maui Now.
