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www.KauaiResortSale.com
Asking Price: Submit Off er
Address: 3351 Hoolaulea Way
Lihue, Kauai, Hawaii, USA
Tenure: Fee Simple
Development Land Area: 82.85 acres
Zoning: CG, R-2, RR-10, RR-20
Investment Summary
• Property includes:
» Partially constructed Ritz
Carlton residences
» Ocean view subdivisions
» Ready to build home sites with
ocean and golf course views
» 27-hole Jack Nicklaus signature
designed golf course and golf
club house
• SMA approved additional density of
694 units
• Approximately 850,500 visitors to
Kauai per year
Property Summary
www.KauaiResortSale.com
FOR SALE > FEE SIMPLE KAUAI LAGOONS RESORTFULLY-ENTITLED AND INFRASTRUCTURE IN-PLACE
Nawiliwili BayNawiliwili Bay
Kauai Marriott Resort &Kauai Marriott Resort &
Beach ClubBeach Club
(820 Rooms)(820 Rooms)
Kauai LagoonsKauai Lagoons
ResortResort
Kauai Lagoons Golf ClubKauai Lagoons Golf Club
Kiele WaikaheKiele WaikaheKauai Lagoons Golf ClubKauai Lagoons Golf Club
Kiele MoanaKiele Moana
Contact UsMark D. Bratton * (R), CCIM
Investment Services Division
Tel: 808 523 9708
E-Mail: [email protected]
Susan Morris
Investment Services Division
Tel: 407 362 6154
E-Mail: [email protected]
* Bratton Realty Advisers, Ltd. Exclusively contracted to Colliers International HI, LLC.

FOR SALE > FEE SIMPLE KAUAI LAGOONS RESORT±83 ACRES AND GOLF COURSE
www.KauaiResortSale.com
• Situated on the beautiful
coast of Lihue, Kauai
• Half a mile to port at
Nawiliwili Bay
• Minutes from the Lihue
Airport, 6,000 ft runway
• Easy access to state
highway
• Adjacent to Nawiliwili
Harbor
Property Location
The property consists of
approximately 83 acres within the
601-acre master-planned community
of Kauai Lagoons. The community
boasts tropical wildlife and foliage,
dramatic coastline views, and
shimmering lagoons in one of the
most high-traffi cked parts of Kauai.
There are 64 partially constructed
units within the property’s partially
constructed subdivisions. The
planned development sites allow for
629 proposed high density units.
The ready to build home sites and
potential golf course lots allow for a
combined 65 subdivided lots. The 27-
hole Jack Nicklaus signature designed
golf course consists of Hawaii’s
longest and continuous ocean holes.
Property DescriptionMaster-Planned Site Plan

www.KauaiResortSale.com
Two additional residential parcels available totaling 10.4 acres and 20 single family golf course lots
Subdivision 4 – Single Family Lots
Graded with Infrastructure in Place24 Lots14.1 AcresR-2 ZoningApproved Use Single-Family Residential Lots
Subdivision 1 – Single Family Lots
Graded with Infrastructure in Place10 Lots6.23 AcresR-2 ZoningApproved Use Single-Family Residential Lots
MVC Main – High Density Condos
Graded with Infrastructure in Place292 Units4 Floors Max.16.26 AcresRR-20 (& CG) Open ZoningProposed/Approved Use Condo, Timeshare, Multi-Family, & Hotel
Subdivision 7 – Single Family Lots
Graded with Infrastructure in Place11 Lots7.09 AcresRR-10/RR-20 ZoningApproved Use Single-Family Residential Lots
Townhomes
Partially Built5 Units2 LevelsIncluded in 6.1 Acres of Inn on the Cliff sRR-20 ZoningProposed/Approved Use Condo, Timeshare, Multi-Family, & Hotel
Inn on the Cliff s
Partially Built22 Units2 Floors with Parking Below6.1 AcresRR-20 ZoningProposed/Approved Use Condo, Timeshare, Multi-Family, & Hotel
Makali’i – Bldg A
Partially Built37 Units4 Floors with Parking Below3.32 AcresRR-20 OpenProposed/Approved Use Condo, Timeshare, Multi-Family, & Hotel
Makali’i – Bldg B
Graded with Infrastructure in Place52 Units4 Floors Max. 2.61 AcresRR-20 OpenProposed/Approved Use Condo, Timeshare, Multi-Family, & Hotel
Makali’i – Bldg C
Graded with Infrastructure in Place28 Units4 Floors Max.1.9 AcresRR-20 OpenProposed/Approved Use Condo, Timeshare, Multi-Family, & Hotel
MVC Sequel – High Density Condos
No Work Done – Existing Clubhouse Site193 Units4 Floors Max.14.2 AcresRR-20 & RR-10 ZoningProposed/Approved Use Condo, Timeshare, Multi-Family, & Hotel

FOR SALE > FEE SIMPLE KAUAI LAGOONS RESORT±83 ACRES AND GOLF COURSE
www.KauaiResortSale.com
Available for Sale
Inn on the Cliff s / Ritz-Carlton Residences (22 partially constructed units)
Townhouses (5 partially constructed units)
Makali’i A (low density condo site - partially constructed; 37 units)
Makali’i B (low density condo site - 52 units)
Makali’i C (low density condo site - 28 units)
MVC Main (high density)
Subdivision 7 (11 ocean view SFR lots)
Subdivision 1 (10 SFR lots)
27-hole Jack Nicklaus signature designed golf course
12345
78
6
5
4
3
6
1
2
8Kauai Lagoons Timeshare Kauai Lagoons Timeshare
Kalanipu’uKalanipu’u
7

FOR SALE > FEE SIMPLE KAUAI LAGOONS RESORT±83 ACRES AND GOLF COURSE
www.KauaiResortSale.com
Kauai Lagoons Golf ClubKauai Lagoons Golf Club
Kiele WaikaheKiele Waikahe
Kauai Lagoons Golf ClubKauai Lagoons Golf Club
Kiele MaukaKiele Mauka
Kauai Marriott Resort &Kauai Marriott Resort &
Beach ClubBeach Club
9
11 12
Available for Sale
Subdivision 4 (24 SFR lots)
MVC Sequel (high density)
Subdivision 2 (9 SFR lots)
Subdivision 3 (11 SFR lots)
27-hole Jack Nicklaus signature designed golf course
9101112
10

FOR SALE > FEE SIMPLE KAUAI LAGOONS RESORT±83 ACRES AND GOLF COURSE
www.KauaiResortSale.com
Partially Constructed Ritz-Carlton Residences
Kauai Lagoons Golf Club
Kauai Lagoons Timeshare Kalanipu’u (not a part)
Kauai Lagoons Timeshare Kalanipu’u (not a part) Bridge Over Lagoon
Kauai Lagoons is Home to Nene Goose -
Hawaii’s Endangered State Bird

www.KauaiResortSale.com
KAUAI LAGOONS DEVELOPMENT LAND FOR SALE±83 ACRES AND GOLF COURSE
Kauai Lagoons of Development Land InventorySubdivision
Lot #
Parcel Name TMK # Lot
Acreage
Zoning SMA Approved
Number of Units
9-A Inn on the Cliff s (22 units)
& Townhomes (5 units)
4-3-5-001-216 6.10 RR-20 27
9-B Makali’i - Bldg A 4-3-5-001-217 3.32
0.30
RR-20
Open
37
9-C Makali’i - Bldg B 4-3-5-001-218 2.61
0.24
RR-20
Open
52
9-D Makali’i - Bldg C 4-3-5-001-219 1.90
0.33
RR-20
Open
28
9-E MVC - Main 4-3-5-001-220 16.26
0.15
RR-20 (& CG)
Open
292
8 MVC - Sequel 4-3-5-001-171 8.50
5.70
RR-20
RR-10
193
100 - 109 Subdivision 1 Lots 4-3-5-004-100 to 109 6.23 R-2 10
400 - 423 Subdivision 4 Lots 4-3-5-004-400 to 423 14.10 R-2 24
700 - 710 Subdivision 7 Lots 4-3-5-004-700 to 710 6.71 RR-10 / RR-20 11
200 - 208 Subdivision 2 Lots 4-3-5-004-200 to 208 4.58 R-2 9
300 - 310 Subdivision 3 Lots 4-3-5-004-300 to 310 5.82 R-2 11
Total 82.85 694
High Density Development Site
Ocean View Lots
Partially Constructed Ritz-Carlton Residences

COLLIERS INTERNATIONAL
220 S. King Street, Suite 1800
Honolulu, HI 96813
www.colliers.com
www.KauaiResortSale.com
NORTH KAUAI
SOUTH KAUAI
CENTRAL KAUAI
KAPAA
Lihue
Hanalei
Kapaa
Poipou
Waimea
SITE
Princeville at Hanalei Princeville at Hanalei
Prince Golf CoursePrince Golf Course
Makai Golf Club at The Makai Golf Club at The
St. Regis ResortSt. Regis Resort
Kauai Lagoons Kauai Lagoons
Golf ClubGolf Club
Puakea Puakea
Golf Golf
CourseCourse
Poipu Bay Poipu Bay
Golf CourseGolf CourseKiahuna Golf ClubKiahuna Golf Club
Kukuiolono Golf CourseKukuiolono Golf Course
Kukuiula Golf CourseKukuiula Golf Course
Wailua Municipal Wailua Municipal
Golf CourseGolf Course
FOR SALE > FEE SIMPLE KAUAI LAGOONS RESORT
FULLY ENTITLED AND INFRASTRUCTURE IN PLACE DEVELOPMENT OPPORTUNITY
* Bratton Realty Advisers, Ltd. Exclusively contracted to Colliers International HI, LLC. This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations
or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers
International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International
and/or its licensor(s). ©2013. All rights reserved.
Contact UsMark D. Bratton * (R), CCIM
Investment Services Division
Tel: 808 523 9708
E-Mail: [email protected]
Susan Morris
Investment Services Division
Tel: 407 362 6154
E-Mail: [email protected]

CONFIDENTIALITY, NONDISCLOSURE AND INDEMNITY AGREEMENT This CONFIDENTIALITY, NONDISCLOSURE AND INDEMNITY AGREEMENT (the “Agreement”) is entered into effective as of the ____ day of __________, 2013 by and between MARRIOTT OWNERSHIP RESORTS, INC., whose address is 6649 Westwood Boulevard, Orlando, FL 32821 (hereinafter “Disclosing Party”) and ________________________________________________, whose address is ___________________________________________________________________, (hereinafter “Receiving Party”). The Disclosing Party and Receiving Party are sometimes referred to collectively as the “parties”, and individually as a “party”. WHEREAS, the Disclosing Party, its subsidiaries or affiliates, would like to share with the Receiving Party certain information that it considers confidential and non-public which is related to a transaction pursuant to which the Receiving Party would acquire an interest in the property commonly known as Marriott’s Kauai Lagoons in Kauai, Hawaii or an interest in the entity which owns the property (the “Property”). The acquisition and conveyance of an interest in the Property, or its owner, is hereinafter referred to as the “Transaction”.
WHEREAS, the Disclosing Party would like to protect the confidentiality of, maintain its respective rights in, and prevent the unauthorized use and disclosure of its confidential information related to the Transaction.
NOW, THEREFORE, in consideration of the mutual promises and obligations set forth
herein, the parties hereto hereby agree as follows: 1. Confidential Information. As used in this Agreement, “Confidential
Information” means all nonpublic information concerning the Transaction and/or the Property disclosed by Disclosing Party to Receiving Party in connection with the possible purchase, development, ownership, investment, financing and/or other operational aspect of such Property, including, but not limited to, all information to which the Receiving Party is provided access to through an electronic dataroom or web-based storage area. With respect to any analyses, compilations, studies or other material prepared by Receiving Party or its Qualified Persons (as defined below) containing or based in whole or in part upon such information furnished to Receiving Party or its Qualified Persons by Disclosing Party, Confidential Information includes the portion of the analyses, compilations, studies or other material that contains such information or that is based on such information. For the avoidance doubt, the definition of Confidential Information as set forth in this paragraph shall apply whether such information is provided to the Receiving Party, or to any of its principals, employees, agents, designees or representatives.
2. Exclusions. Confidential Information does not include any information that (i) is
or becomes available without breach of this Agreement, (ii) was independently developed by Receiving Party without reference to any Confidential Information; or (iii) at the time of disclosure or later, is published or becomes a part of the public domain through no act on the part of the Receiving Party.

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3. Confidentiality and Non-Use. Receiving Party shall treat the Confidential Information as confidential. Receiving Party shall protect and safeguard the Confidential Information against unauthorized use, publication or disclosure, and in furtherance thereof, shall not (i) use, directly or indirectly, any of the Confidential Information for any purpose other than its evaluation of the Property and the Transaction and as otherwise permitted under this Agreement, or (ii) disclose, publish or reveal the Confidential Information to any person other than a Qualified Person as described in Section 6 of this Agreement. Under no event or circumstance shall the Receiving Party share or disclose Confidential Information to associates, vendors or representatives of the Disclosing Party. 4. Disclosure by Law, Regulatory or Judicial Process. Notwithstanding the foregoing, Receiving Party shall not be liable for the disclosure of Confidential Information if made in response to a court order or request by an authorized agent of government. If Receiving Party or any Qualified Person has been requested or are required (by oral questions, interrogatories, request for information or documents, subpoena, civil investigative demand or similar process) to disclose any Confidential Information, Receiving Party will notify Disclosing Party (as soon as reasonably practical) of such request(s) so that Disclosing Party may seek an appropriate protective order. Receiving Party may disclose such information pursuant to such request or requirement without liability hereunder. 5. Confidentiality of any Proposed Transaction. Receiving Party will not, without Disclosing Party’s prior written consent, disclose to any person other than a Qualified Person as described in Paragraph 6 of this Agreement any information about the Transaction or the Property or the terms, conditions or other facts relating thereto, including the fact that discussions are taking place with respect thereto or the status thereof, or the fact that Confidential Information has been made available to Receiving Party.
6. Qualified Persons. Receiving Party shall limit the disclosure of Confidential Information to those of its employees, officers, directors, consultants, advisors or agents who need to have such information in order to evaluate the Property or the Transaction (collectively, the “Qualified Persons”). Receiving Party shall inform the Qualified Persons in writing that the Confidential Information is proprietary to the Disclosing Party and must be held in confidence. Receiving Party shall request all Qualified Persons to take precautions to safeguard the confidential status of the Confidential Information. Receiving Party shall maintain the confidentiality and prevent accidental or other loss or disclosure of any Confidential Information of the Disclosing Party with at least the same degree of care as it uses to protect its own Confidential Information but in no event with less than reasonable care. In the event that Receiving Party becomes aware of an unauthorized disclosure of Disclosing Party’s Confidential Information, Receiving Party shall immediately inform the Disclosing Party of such disclosure so that the Disclosing Party may have the opportunity to minimize the damage related to such disclosure.
7. Ownership of Confidential Information. All Confidential Information will remain
the exclusive property of Disclosing Party. Disclosing Party’s disclosure of Confidential Information will not constitute an express or implied grant to the Receiving Party of any rights to

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or under Disclosing Party’s patents, copyrights, trade secrets, trademarks or other intellectual property rights. 8. Notice of Unauthorized Use. Receiving Party will notify Disclosing Party promptly upon discovery of any unauthorized use or disclosure of Confidential Information or any other breach of this Agreement by Receiving Party of which Receiving Party is aware. If any unauthorized use or disclosure of Confidential Information results from a breach of the Agreement by Receiving Party, Receiving Party will cooperate with Disclosing Party in every reasonable way to help Disclosing Party regain possession of such Confidential Information and prevent its further unauthorized use. 9. Return or Destruction of Confidential Information. Receiving Party will return or destroy all tangible materials embodying Confidential Information (in any form and including, without limitation, all summaries, copies and excerpts of Confidential Information) promptly following termination of discussions regarding the Property.
10. Injunctive Relief. Receiving Party acknowledges that disclosure or use of Confidential Information in violation of this would cause injury to Disclosing Party for which monetary damages may be difficult to ascertain or an inadequate remedy. Receiving Party therefore agrees that Disclosing Party will have the right, in addition to its other rights and remedies, to seek injunctive relief for any violation of this Agreement, without bond or other security.
11. Scope; Termination. This Agreement is intended to cover Confidential
Information disclosed by Disclosing Party prior to or subsequent to the date hereof. This Agreement automatically will terminate upon the completion or termination of the parties’ discussions regarding the Property or the Transaction; provided, however, that Receiving Party’s obligations with respect to the Disclosing Party’s Confidential Information will survive for three (3) years following such completion or termination.
12. Third-Party Information. Receiving Party acknowledges that neither
Disclosing Party nor its agents is making any representation or warranty as to the accuracy, veracity or completeness of any Confidential Information. Neither Disclosing Party nor any of their respective officers, directors, members, employees, agents or controlling persons shall have any liability to Receiving Party or any of its Qualified Persons relating to or arising from the use of the Confidential Information.
13. Indemnified Parties. For purposes of this Agreement, Indemnified Parties shall
consist of the Disclosing Party, its successors, assigns, subsidiaries, affiliates, parents, officers, directors, associates, employees, principals, and consultants (the “Indemnified Parties”).
14. Release of Liability. Receiving Party releases and forever discharges the Indemnified Parties from and against any and all actions, costs, claims, losses, expenses, damages and/or liability (including attorneys’ fees) arising as a result of disclosure of Confidential Information by Receiving Party in violation or breach of this Agreement.

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15. Indemnity. Each Receiving Party shall defend, indemnify and hold harmless the Indemnified Parties from and against any and all actions, costs, claims, losses, expenses, damages and/or liability (including attorneys’ fees) arising as a result of disclosure of Confidential Information by such Receiving Party in violation or breach of this Agreement. The indemnity shall include all court costs and reasonable attorney’s fees (including attorney’s fees incurred in appellate actions) sustained by the Indemnified Parties, through trial and appeal. Receiving Party shall pay the cost of such defense, whether it shall be conducted by Receiving Party or by Indemnified Parties. If Receiving Party elects to defend such suit, Indemnified Parties may participate in such defense at its own discretion.
16. Remedies for Breach. Receiving Party agrees that should it become necessary to enforce this Agreement in any court of competent jurisdiction, the prevailing party shall be entitled to reasonable attorneys’ fees and costs of said enforcement action. Receiving Party further agrees that injunctive relief is a proper remedy for enforcement of this Agreement and Receiving Party hereby consents to the entry of the same by the Disclosing Party without bond or other security.
17. Severability. If any provision of this Agreement is ever determined to be invalid
or unenforceable to any extent for any reason, the remainder of this Agreement shall not be affected thereby.
18. Governing Law and Venue. This Agreement is entered into and shall be governed
by and construed in accordance with the laws of the State of Florida, U.S.A. and not with reference to the laws of any other jurisdiction. Venue for any dispute resolution arising from claims under this Agreement shall be in Orange County, Florida.
19. Facsimile (“Fax”) and Counterparts. Faxed copies of this Agreement and any
related documents shall be fully binding and effective for all purposes whether or not originally executed documents are transmitted. Fax signatures on documents will be treated as original signatures. This Agreement and any related documents may be executed in any number of counterparts and by different parties in separate counterparts each of which when so signed, shall be deemed to be an original, all of which taken together shall constitute one and the same document, and shall be binding upon all parties notwithstanding that all of the parties do not sign the same original or the same counterpart.
20. No rights granted. This Agreement shall not be construed as creating, conveying,
transferring, granting or conferring upon either parties hereto any rights, license or authority in or to the information exchanged, except the limited right to use Confidential Information specified in paragraph 1. Furthermore and specifically, no license or conveyance of any intellectual property rights is granted or implied by this Agreement. No partnership, joint venture, or other business or other relationship between the Disclosing Party and the Receiving Party shall be created or deemed to have been created by virtue of this Agreement.
21. No commitment. All parties acknowledge and agree that the exchange of
Confidential Information under this Agreement shall not commit or bind any party to any present or future contractual relationship (except as specifically stated herein), nor shall the exchange of information be construed as an inducement to act or not to act in any given manner. Each party

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expressly understands, acknowledges and agrees that with respect to any proposed Transaction no party is obligated to enter into any agreement or pursue any Transaction. Until an agreement with respect to any Transaction is fully executed by the parties, neither party shall be obligated to the other party, except with respect to maintaining the confidentiality of Confidential Information as contemplated herein; neither party shall rely upon, nor claim that it has detrimentally relied upon, the other party to any extent or in any respect concerning a Transaction; and either party may entertain offers and engage in discussions with third parties with respect to any transaction, notwithstanding that the parties have entered into this Agreement and have discussed a potential Transaction.
IN WITNESS WHEREOF, the parties have executed this Agreement effective as of the
date first written above. “Disclosing Party” “Receiving Party” MARRIOTT OWNERSHIP RESORTS, INC.
_______________________________________
By: Name: Title:
By: Name: Title: