Demolition got underway this month at the old Maui Lu Resort in South Maui, with the iconic longhouse and church building coming down in the process.
The demolition comes as the 28-acre property was sold to the Japan-based Capbridge Group, a company that is collaborating with Hilton Grand Vacations to conduct a $300 million redevelopment of the property into a 388 unit timeshare resort.
In a company announcement late last year, executives said the project is scheduled to break ground in late 2015 , and open in 2017. The property is located mauka of South Kīhei Road, and is adjacent to the Humpback Whale Sanctuary Visitor Center and Kalepolepo Beach Park.
According to the October announcement, the new resort will be developed as a villa style resort featuring 740 feet of oceanfront property.
The residences will include one-, two-, and three-bedroom residences; a super pool; fitness center; and kids and teen centers. Many Hilton owners have been asking and anticipating the expansion and opening of a timeshare project on Maui by Hilton, which now appears to be in the works. Currently Hilton has timeshare projects on Oahu and the Big Island of Hawaii.
There are some great resale listings available for the Hilton Hawaiian Village timeshare properties and the Hilton timeshare properties in Waikoloa on the Big Island. Please review the current resale listings and contact us if we may be of assistance.
Steven G. Ramey