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Old July 17, 2013, 09:08 AM   #1
ajlm33
 
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Resorts: Marriott - NCV, MSU, MLE & Welk Platinum Points
Welk Resorts now in Kauai

I received my July 2013 owner's newsletter from Welk Resorts this morning and they announced that they had just just purchased a property in Poipu, Kauai. It says:

"The property is located directly across the street from the
Kiahuna Shopping Village with local stores and restaurants
and sits adjacent to the Kiahuna Golf Course. It is also
walking distance from the beautiful Poipu Beach.

The new resort will consist of six plantation-style buildings
with 164 luxurious units, in a mix of one bedroom one
bathroom suites, large one bedroom one bathroom villas,
deluxe two bedroom two bathroom villas, and deluxe three
bedroom two bathroom villas..."

Does anyone know which development Welk bought out? This is very exciting news to me, along with the Welk recent announcement of expansion into Lake Tahoe area.

Thanks.
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Old July 17, 2013, 10:48 AM   #2
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From their March press release, it makes it sound like it is just land.

Quote:
Welk Resorts closed escrow in February of 2013 on 21.45 acres of land near Poipu Beach in Kauai. The new resort will consist of six plantation-style buildings with 164 luxurious units, in a mix of one- bedroom, one-bathroom suites, large one-bedroom, one-bathroom villas, deluxe two-bedroom, two-bathroom villas, and deluxe three-bedroom, two-bathroom villas each with a kitchen, living room, dining area, and balcony or patio. It will also house a Preview Center, lobby with an Owners Lounge, Movie Theater, game room, and state-of-the-art fitness center. Set in a tropical Hawaiian landscape, guest will enjoy unique features such as a white-sand beach pool entrance, waterslides, Jacuzzis, lava rock formations and water features throughout the resort. The property has an Archaeological Preserve that will serve as the anchor for the designs, celebrating Hawaiian culture, traditions and history. The resort will incorporate both historic and contemporary Hawaiian art.
If it's land, it will be awhile before the project would be completed. If it wasn't land and in fact it was an existing property, then maybe it's Kiahuna Plantation. I dunno.
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Old July 17, 2013, 10:48 AM   #3
DeniseM
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According to Google Maps there are 3 properties across the street - but my guess it that it's the outrigger property:

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Old July 17, 2013, 12:56 PM   #4
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The link below is to the Kauai county tax map key. You can zoom in and see the land size and shape of each parcel on the map. If you're looking at the map in Denise's post, the parcel directly left of the shopping center matches the size (21.45 acres) listed in the press release. This is a vacant lot on the mountain side of the hwy. For size reference the Shopping center is listed at 4.485 acres

http://qpublic7.qpublic.net/qpmap4/m...hybrid&mapmode

Last edited by slum808; July 17, 2013 at 12:59 PM.
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Old July 17, 2013, 01:52 PM   #5
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My understanding is that they bought land and will develop the resort. Welk develops nice properties, so it will be interesting to see how this one turns out. It sounds like they already picked up an idea regarding a movie room/theatre from the Northstar property in Truckee they are acquriing from Hyatt. We stopped by there a couple weeks ago and were told they have a movie room there. It will be a nice feature to have a property in Poipu. Too bad it won't be on the ocean/beach, but it won't be too far away.

Welk has been expanding their Escondido Mountain Villas section as well. We will be there in a couple of weeks, so am looking forward to seeing the growth. Sales must be good.
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Old July 17, 2013, 01:54 PM   #6
DeniseM
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It is beyond comprehension that they are going to build a new resort - no one is building new resorts - really weird. I am surprised that they can get funding, with the number of struggling developments in the immediate area - but maybe that doesn't impact TS financing?
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Old July 17, 2013, 02:33 PM   #7
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Hawaii is booming again. Hyatt is building TS on Maui, Marriott will start work this year on the 4th Ko Olina tower and Hilton recently finished King's Land phase II. Aulani phase III is also just about fully open with new pools opening in September. Condotels are also in the works with the Ritz Waikiki. Whole ownership condos seem to be announced every month with about 85% of sales completed in their opening weekend.

Don't know where the money is comming from, but things are being built.
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Old July 17, 2013, 02:47 PM   #8
DeniseM
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Kauai is not Maui or Oahu - in this immediate area there are a number of struggling developments. Welk is not DVC, Hyatt, Hilton, Marriott, or Ritz, and Kauai doesn't nearly have the demand that Oahu and Maui have. Westin is still struggling to sell the timeshare that they built on Kauai a number of years ago.

Thus: I would not be surprised if they took over an existing resort, but I am amazed by new construction.

Here is another issue - this property will not be on the water.
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Last edited by DeniseM; July 17, 2013 at 03:09 PM.
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Old July 17, 2013, 08:45 PM   #9
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Quote:
Originally Posted by DeniseM View Post
Here is another issue - this property will not be on the water.
Which I think would be a major negative.
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Old July 17, 2013, 08:49 PM   #10
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Well, Poipu area of Kauai is my #1 choice of Hawaii destinations. Maybe I'm not the only one who feels this way?

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Old July 17, 2013, 09:33 PM   #11
DeniseM
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Well, Poipu area of Kauai is my #1 choice of Hawaii destinations. Maybe I'm not the only one who feels this way?

Deb
But it's not ON the water...
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Old July 17, 2013, 09:38 PM   #12
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But it's not ON the water...
Funny but that seems to be a common denominator in the Welk resorts, is it not?

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Old July 17, 2013, 11:59 PM   #13
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Quote:
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Funny but that seems to be a common denominator in the Welk resorts, is it not?

Deb
True except for the Sirena del Mar resort in Cabo. It sits on a cliff overlooking the ocean. You can walk down to a small relatively private beach. Not good for walking on the beach, but snorkling can be good. You get a nice view of the arch (about 3 miles away) from certain spots on the resort too. Very nice place, but it's not Hawaii.
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Old July 18, 2013, 02:51 AM   #14
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Quote:
Originally Posted by slum808 View Post
Hawaii is booming again. Hyatt is building TS on Maui, Marriott will start work this year on the 4th Ko Olina tower and Hilton recently finished King's Land phase II. Aulani phase III is also just about fully open with new pools opening in September. Condotels are also in the works with the Ritz Waikiki. Whole ownership condos seem to be announced every month with about 85% of sales completed in their opening weekend.

Don't know where the money is comming from, but things are being built.
A 4th mko tower? On which side I.wonder?
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Old July 18, 2013, 03:28 AM   #15
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Between the Naia tower and lagoon 4. They use it as employee parking right now. It should have the most direct ocean front views.
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Old July 21, 2013, 03:09 PM   #16
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Quote:
Originally Posted by DeniseM View Post
Kauai is not Maui or Oahu - in this immediate area there are a number of struggling developments. Welk is not DVC, Hyatt, Hilton, Marriott, or Ritz, and Kauai doesn't nearly have the demand that Oahu and Maui have. Westin is still struggling to sell the timeshare that they built on Kauai a number of years ago.

Thus: I would not be surprised if they took over an existing resort, but I am amazed by new construction.

Here is another issue - this property will not be on the water.
In fairness, the Westin is quite a bit pricier than other timeshare resorts in Princeville. There's a reason why it's a Westin (and to be affiliated with the St Regis).
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Old July 21, 2013, 03:56 PM   #17
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Quote:
Originally Posted by DeniseM View Post
According to Google Maps there are 3 properties across the street - but my guess it that it's the outrigger property:

Quote:
Originally Posted by slum808 View Post
The link below is to the Kauai county tax map key. You can zoom in and see the land size and shape of each parcel on the map. If you're looking at the map in Denise's post, the parcel directly left of the shopping center matches the size (21.45 acres) listed in the press release. This is a vacant lot on the mountain side of the hwy. For size reference the Shopping center is listed at 4.485 acres

http://qpublic7.qpublic.net/qpmap4/m...hybrid&mapmode
Can't be any of Denise's suggestions. None of those are adjacent to Kiahuna Golf Course.

The 21.45 acre parcel mentioned fits the description to a tee. Right size. Across the road from the shopping center. Adjacent to the Golf Course.
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Old July 24, 2013, 08:55 PM   #18
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Welk Kauai Location

The only parcel that is across the street from the shopping center AND is adjacent to the golf course is the one located on the northeast corner of Poipu Road & Kiahuna Plantation Dr. This is a good location because it is within easy walking distance to restaurants in the shopping center and the beach. However, as pointed out by Denise it is NOT on the ocean and does NOT have water views. These are two huge drawbacks for many vacationers. For vacationers like me, ocean views are paramount. That is one reason Lawai Beach Resort with their fabulous ocean views is a better solution for my family.
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Old July 25, 2013, 11:27 AM   #19
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From the Welk Web page

Welk Resorts closed escrow in February of 2013 on 21.45 acres of land near Poipu Beach in Kauai. The new resort will consist of six plantation-style buildings with 164 luxurious units, in a mix of one- bedroom, one-bathroom suites, large one-bedroom, one-bathroom villas, deluxe two-bedroom, two-bathroom villas, and deluxe three-bedroom, two-bathroom villas each with a kitchen, living room, dining area, and balcony or patio. It will also house a Preview Center, lobby with an Owners Lounge, Movie Theater, game room, and state-of-the-art fitness center. Set in a tropical Hawaiian landscape, guest will enjoy unique features such as a white-sand beach pool entrance, waterslides, Jacuzzis, lava rock formations and water features throughout the resort. The property has an Archaeological Preserve that will serve as the anchor for the designs, celebrating Hawaiian culture, traditions and history. The resort will incorporate both historic and contemporary Hawaiian art.

The property is located directly across the street from the Kiahuna Shopping Village with local stores and restaurants and sits adjacent to the Kiahuna Golf course. It is also walking distance from the beautiful Poipu Beach.
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Old July 31, 2013, 01:09 PM   #20
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Here I am trying to give away units on Kona with no takers and Welk is building a brand new resort. Hawaii on the way back ?? don't know.
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Old July 31, 2013, 03:28 PM   #21
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Here I am trying to give away units on Kona with no takers and Welk is building a brand new resort. Hawaii on the way back ?? don't know.
Yeah, I mean my 2 bed Pono Kai are at least ocean view, and if I call soon enough to get my weeks reserved, oceanfront. I cannot give those away, either.

But Welk will build beautiful units. Sometimes, that is all a person really wants or needs. Look at Bali Hai. Those are sold out by Wyndham. No view, and you can get an old unit with a shabby interior for an RCI exchange. I would rather take my chances at a Welk exchange than a Bali Hai exchange.
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