Monday, September 15, 2014

The Big Island of Hawaii Community Supports the $1 Billion Development at ‘Aina Le’a | Business Wire

HAWAII ISLAND–(BUSINESS WIRE)–According to a recent survey completed by SMS Research & Marketing


Services, Inc. Hawaii Island residents strongly support the Aina Le’a


LLC development known as “The


Villages of ‘Aina Le’a.” Sixty eight percent (68%) of Hawaii Island


residents said they support the development. When advised that “The


Villages of ‘Aina Le’a” is part of the South


Kohala Community Development Plan, the support rose to 74%.



Hawaii Island residents recognize the need for additional residential


housing on the island, as well as the economic benefits and job stimulus


the development will provide. According to the SMS survey, 9% of Hawaii


Island residents are currently looking to buy a home, while more than


52% of residents believes there is not an adequate supply of housing on


Hawaii Island. Seventy seven percent (77%) of residents support more


development of housing for local residents.


‘Aina Le’a LLC ‘s construction of Lulana Gardens family housing, which


is giving immediate support to jobs and the local economy, is important


to residents. These luxurious three and four-bedroom homes are being


introduced for sale next month, under the County of Hawaii’s affordable


pricing guidelines. Lulana Gardens homes provide economic alternatives


with reduced travel time and cost to West Hawaii residents and to those


East Hawaii residents who travel each day to and from Hilo to the resort


district. The results of the poll suggest a strong demand for the Lulana


Gardens homes at the affordable pricing guidelines.


‘Aina Le’a LLC will release the homes for sale in groups of sixteen


homes, with each group being built around individual common park areas.


The release phasing supports ‘Aina Le’a’s commitment to allow first-time


homebuyers the first chance to purchase the homes. Aina Le’a will open


reservation requests from local realtors on September 13, 2010.


The Villages of Aina Le’a is a master


planned 2,300-home community, centrally located within the world


famous Kohala


coast resort destination on the Big Island of Hawaii. When


completed, the community will include bike and walking trails, parks, a


regional shopping center, golf, entertainment, and a community service


center.


The independent poll was requested by DW Aina Le’a Development LLC to


determine the support and demand for its Lulana Gardens homes. SMS


Research completed a public opinion survey among 400 randomly selected


Big Island residents, between July 28 and August 9, 2010. The survey


results provide a margin of error of +/- 4.9 percent at 95 percent


confidence interval.


For more information, contact Hersh Singer at SMS Research & Marketing


Services Inc. at 877-535-5767 (hsinger@smshawaii.com)


or DW Aina Le’a LLC at 808-896-2808 (info@ainalea.com).






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