Royal Kunia

From dKosopedia

Royal Kunia, "was conceived by Herbert Horita in 1988 as a two-phase, master-planned development of 4,000 homes. In 1992, after financing and permitting delays, Horita sold a 50 percent stake to Castle & Cooke, which became general partner of the 1,900-unit first phase. Horita maintains control of the unbuilt second phase." The Royal Kunia is located in central Oahu. [1]

"Royal Kunia's second phase broke ground in 1994, but construction came to a halt when Horita's Halekua Development ran into financial difficulties. In April 2003, Halekua filed for bankruptcy protection with debts of more than $40 million." [2]

"Royal Kunia's first phase, which includes about 1,900 homes and a commercial center, was built by a partnership led by Castle & Cooke Hawaii, which invested in the venture after Horita encountered financing and permitting delays." [3]

External links

• Gomes, Andrew. Developer seeks to add homes at Royal Kunia Honolulu Advertiser, July 31, 2001.
• Land sale key to next phase of Royal Kunia Honolulu Advertiser, August 4, 2006.
• Daysog, Rick. Horita's bid wins Kunia contract Honolulu Advertiser, August 29, 2006.
• Wu, Nina. Royal Kunia Phase II gets financing -- Almost $100 million will help Herbert Horita build 2,000 units overlooking Pearl Harbor Honolulu Star-Bulletin, March 15, 2007.
• Pang, Gordon Y.K. Hawaii Royal Kunia II project starting in '08 Honolulu Star-Bulletin, November 26, 2007.
• Royal Kunia's two golf courses
  • Ishikawa, Scott. Kunia golf course may open in December Honolulu Advertiser, June 7, 2001.
  • Kwon, Bill. Royal Kunia's future still up in air as time drags on Honolulu Advertiser, July 11, 2002.
  • Gomes, Andrew. Tee'd off Honolulu Advertiser, May 1, 2005.
  • Gomes, Andrew. More Kunia homes sought Honolulu Advertiser, August 13, 2005.
• Royal Kunia Elementary School
  • Ishikawa, Scott. Building of school faces new roadblock Honolulu Advertiser, June 30, 2002.
• Central Oahu Sustainable Communities Plan
  • Ishikawa, Scott. Central O'ahu growth plan to get last input Honolulu Advertiser, February 25, 2002.