Jack Tyrrell specializes in Kakaako, Honolulu, Hawaii luxury condo projects.

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Real Estate News: Brookfield Hawaii to build 40-home subdivision in Kailua-Kona

Image: Brookefield Hawaii

Today, December 10, 2015, Pacific Business News shared the news that Brookefield Residential Hawaii will begin construction next month on a 40-home development on the beautiful island of the Big Island. The gated subdivision, called Holua Kai at Keauhou, is being built near the Wyndham Mauna Loa Village. Prices will range from $800,000 to $1.7 million. With success on Oahu at Ko Olina, this is sure to be an interesting project on our island neighbor, the Big Island. Contact me for more information!

Excerpts from the article by Darin Moriki at Pacific Business News, below: 

"We continue to maintain interest in these branded master planned communities, such as Ko Olina, Princeville, Poipu and Mauna Lani, which are all communities that we've built in," Brookfield Residential Hawaii President Jeff Prostor told PBN on Wednesday. "We came upon and have been tracking this site for several years and we were able to come together on a purchase of the property."

The plantation-style, single-family, detached homes will range in size from 1,800 to 2,700 square feet and include up to four bedrooms. The gated community, surrounded by the Kona Country Club golf course, will also include a clubhouse, gazebo and pool with an integrated spa.

Sales on the first of three phases in the subdivision are to begin by end of the month, with construction beginning in January.

Elite Pacific Properties is the co-listor on the project and will open an onsite Big Island office within the next two months, the brokerage firm confirmed to PBN.