Maui Real Estate Blog

Wailea Redevelopment

Last summer, Kapalua Resort gained approval to knock down the older Kapalua Bay Hotel in an effort to redevelop the resort’s core. New luxury accomodations with a lower density are to be built in place of the Hotel and the adjoining Kapalua Shops. Similar efforts are underway at Maui’s other prestigious resort Wailea. According to The Maui News, the Maui County Planning commisioned gave their approval for the demolition of the Wailea Renaissance. The existing 349 unit multi-story hotel will be replaced by 193 lower density, low rise condominium units. The new resort would also include pool, 10,000 square foot spa, yoga and meeting facilities, two restaurants and fitness centers. The new complex that is to start construction in the next three years is to be named the Wailea Beach Resort and Residences. While the zoning of the property does not require the developer to contribute to affordable housing, the developers will be donating $1,900,000 to Maui Habitat for Humanity.

Pete Jalbert

More from our Blog

Mortgage Rates and Treasury Bonds

Three months into the year and interest rates continue to…

Read More

Big Ocean View Land Opportunities in Haiku

A quiet country road that wanders towards the ocean. Cooling…

Read More

Four Listings for Your Christmas Wish List

Christmas is just a few days away. Still stumped on…

Read More