Friday, December 31, 2010

NEW LISTING!!


Enjoy phenomenal ocean views, a secret garden, and tranquil surroundings from this fantastic ground floor unit
 


Wailea Palms is a meticulously maintained complex with first class resort style amenities, including Wailea golf and tennis privileges for owners.



Unit 3801 is a great opportunity for discerning buyers looking for that special property to call home or be their home away from home.

For Showings or more information please call Clint Hansen, Realtor (S) at 808-280-2764

or email ClintHansen33@gmail.com

Thursday, December 30, 2010

Fabulous Wailea Point Villa


Lovely ocean view secure ground floor two bedroom three bath condo with every amenity one could hope for. Turn key, beautifully furnished and vacation rentable. Pet friendly too!

Private garage, gated community, two fabulous complex gathering areas, one for fun and frolic with pools, spa, fitness center, BBQ area, kitchen area and the other a quiet pool. On site tennis court, badminton, etc.



Walk to fine dining and fabulous Wailea beach just steps away. Enjoy what luxury is all about. Wailea Maui, No Ka Oi

Call Donna D. Hansen, Realtor (S) @ 808.280.1650 or Bob Hansen, BROKER (R) B @ 808.283.9456

Westjet Announces Intent to Provide Direct Servic from Edmonton & Calgary

WestJet to add Hawai‘i flights
POSTED: December 30, 2010
Article from: The Maui Weekly

WestJet recently announced its intention to operate a leased Boeing 757-200 to provide nonstop service between Calgary and Honolulu and Maui, and between Edmonton and Maui, subject to Canadian government approval. The service will operate from February 12, 2011, to April 30, 2011.“This is great news for Albertans,” said Hugh Dunleavy, WestJet executive vice president of strategy and planning.

“This temporary lease will allow WestJet to provide additional capacity for guests traveling from Alberta to Hawai‘i” siad Dunleavy.

“With this leased aircraft, we’ll be able to seat 193 guests—an increase from using our own 737-700s. So, now even more guests will have access to the only daytime schedule in both directions on convenient nonstop flights to Maui and Honolulu.”

WestJet is leasing the Boeing 757-200 from North American Airlines, a charter air service provider located in Jamaica, N.Y.

It was the charter provider for U.S. President Barack Obama’s presidential election campaign.

WestJet is the 10th-busiest airline serving Hawai‘i, having flown 116,788 people to the state in 2009, according to Pacific Business News research.

Wednesday, December 29, 2010

Entertainer's Delight

PHENOMINAL VIEWS

True Hawaiian Plantation style home in the popular Launiupoko community. This magnificent home was built with entertaining as the focus. Two bars, one inside by the living room and a wonderful tiki bar with changing room out by the pool, hot tub and BBQ which will enable you to have a very accommodating space for whatever you might want.

The incredibly large beach pool, awesome hot tub, and water fall by pool and huge lanais make this a resort style environment. The expansive lanais easily accommodate a very intimate group or huge party. The Trader Vic interiors of beautiful woods and glass are incredible. There are three large bedrooms as well as a terrific den or media center. The kitchen is well appointed with beautiful granites and lots of cabinet space with wonderful ocean views while the 3 car garage with bathroom makes for perfect blend for very happy occupants. There is a fabulous Hawaiian style 2 bd. 2 ba. ohana. You will love this home the minute you walk into it. Very easy to view. You’re going to love this beauty.


Contact Donna D. Hansen, Realtor (S) @ 808.280.1650 or Bob Hansen, BROKER @ 808.283.9456

Monday, December 27, 2010

Stunning Kula Meadows Home

Stunning Kula Meadows Home






Prestigious gated Kula Meadows newly constructed estate with bicoastal views. Extensive use of koa and mango woods throughout. Palatial rooms, volumnous ceilings, all the bells and whistles one could ever dream about. Man's fantasy come true 3 car oversized garage with tons of storage, game room,wet bar and bath with  ocean views and sundeck.




Huge infinity edge pool and hot tub overlooking pastures and ocean views on over 5 acres of beautiful land. Nothing but the finest materials are being used.


Quality craftsmanship throughout. Fabulous kitchen has cork flooring for comfort. Lots of cabinets and tons of storage throughout this home. This fabulous home is easy to view. Last photos shown are of game room.






Contact Donna D. Hansen, Realtor (S) @ 808.280.1650 or Bob Hansen, BROKER, @ 808.283.9456

Costco Expansion Plans in Kahului

Costco expansion plans include gas station
December 26, 2010 - By HARRY EAGAR, Staff Writer
Article from: The Maui News

KAHULUI - Costco plans to expand its Kahului store and build a gas station next door as part of A&B Properties’ first part of Maui Business Park Phase II.

For years, rumors have alleged that a corrupt bargain between other gasoline sellers and county government have kept Costco from selling gas here.

There is no truth to that, said Mike Dubrota of Northwest Atlantic, the real estate agent for Costco. “I’ve never received any push back,” he said Thursday.

The problem was that the lot was too small, 12.8 acres. The lot was not originally sized to fit Costco’s needs. It was intended for a Sam’s Club. When Wal-Mart backed out, Costco took over the property.

By annexing what A&B calls the old Central Power Plant lot, Costco will have room enough for a gas station, more customer parking and an expansion of its 131,000-square-foot store by about 15,000 square feet. A dust fence has been put up around the property where the gas station will be built.

The store will continue to operate during expansion work, Dubrota said.

However, even if there are no delays, the earliest the gas station could open for business would be mid-2012.

A&B still owns the land, and it is demolishing the buildings there.

Maui Business Park II will total about 178 acres, in two sections. The first section is much smaller, the land is between Kmart and Costco and the yet-unbuilt access road to Kahului Airport.

The Central Power Plant was built in 1917 to supply power to well pumps, Paia, Spreckelsville and nearby plantation camps. Later, Maui Electric Co. acquired the transmission lines and the power plant was abandoned in the 1970s.

A variety of tenants then used the location, but most of the buildings have been vacant for years, and one collapsed. The rest are considered unsafe.

A&B has permits to demolish the structures. Because of their historic interest, the state Historic Preservation Division required survey and documentation of the buildings.

Only two tenants, a trucking firm and a surfboard maker, were still using the lot until recently. Both are relocating.
Maui Business Park is a continuation of the Kahului light industrial area that A&B has been developing since the 1960s.

Before commercial buildings can be permitted, roads and utilities must be installed.

To move the land out of state agricultural use, A&B agreed to contribute 40 acres to the county for affordable housing, 7 acres for a community center and 3 acres for a park.

* Harry Eagar can be reached at heagar@mauinews.com.

Merry Christmas from Our Ohana to Yours

The Hansen Ohana Extends our Best Wishes for a Happy Holiday Season!!


Mele Kalikimaka!!



Deagle Hansen

(Watch for my you tube videos and weekly blogs coming soon…)

Thursday, December 23, 2010

Forbes Magazine Names Bank of Hawaii Best Bank in the Country for the Second Time

Bankoh named nation’s best
Its financial position leads to the Forbes magazine rank for a second straight year

By Dave Segal
Article from: Honolulu Star-Advertiser

Bank of Hawaii has been named the best bank in the country for the second straight year by Forbes magazine.

The Honolulu-based bank, which has assets of $12.7 billion, finished in the top 10 in five of the eight categories that were used to measure financial performance. Forbes determined the ranking by partnering with SNL Financial and evaluating the 100 largest U.S.-owned banks and thrift institutions ranging in asset size from $4.7 billion to $2.3 trillion.

First Hawaiian Bank, the largest bank in the state with $14.8 billion in assets, is owned by Paris-based BNP Paribas SA.

Forbes, which published its rankings online this week, said Bank of Hawaii “stayed very conservative in its underwriting strategy during the housing bubble, which helped minimize the bad loans on its books today.”

The magazine said Bank of Hawaii’s reserves are three times the size of its nonperforming loans, second-best among big banks.

“Wall Street certainly approves of how Bank of Hawaii runs it business: Its shares trade at a multiple of 2.2 times its book value, the second-highest ratio among the 100 largest banks,” Forbes wrote.

Bank of Hawaii’s stock closed up 44 cents yesterday at $47.70 on the New York Stock Exchange.

“Attaining this ranking for two consecutive years now certainly reflects positively on the quality of our community, our clients, and especially our people,” Bank of Hawaii Chairman and Chief Executive Officer Peter Ho said. “This is a nice tribute to our employees, who work tirelessly to meet our customers’ financial needs.”

Analyst Joe Gladue of Haverford, Pa.-based B. Riley & Co. wasn’t surprised by the ranking.

“I think it’s one of the best-managed banks around,” Gladue said. “After it attempted to expand to the mainland years back, the bank pulled back and decided to focus more on its core market in Hawaii and stayed very disciplined with that core franchise. They’ve been conservative lenders, and that’s helped them get through this recent economic downturn.”

The Forbes/SNL ranking was based on return on average equity, net interest margin, nonperforming loans as a percentage of loans, nonperforming assets as a percentage of assets, reserves as a percentage of nonperforming loans, two capital ratios (Tier 1 and risk-based), and leverage ratio.

“In this environment, they continue to do very well vis-a-vis their peers due to their low risk profile, adherence to strong credit underwriting standards, and continuing to follow a strategic plan that results in high profitability, low risk and strong shareholder returns,” said senior research analyst Brett Rabatin of Birmingham, Ala.-based Sterne Agee.

Pasadena, Calif.-based East West Bancorp, the largest bank in the U.S. focused on serving the Asian-American community, was ranked second. Houston-based Prosperity Bancshares was ranked third.

Wilmington Trust, headquartered in Wilmington, Del., ranked last among the 100 largest banks.

Exciting Lineup and Changes For Maui’s Season Opening PGA Event

Entertainment beyond golf planned for Hyundai week
Article From: The Maui News

KAPALUA - With a slate of musicians that could stand by itself as a concert lineup, the PGA Tour’s season-opening event at Kapalua won’t be short on entertainment that goes beyond golf.

Anuhea is scheduled to perform on Jan. 2, the Sunday before official competition in the Hyundai Tournament of Champions starts at the Plantation Course. Kealii Reichel and Jake Shimabukuro are part of the lineup on Jan. 5.

A performance by Gail Swanson is to follow the completion of the first round, and another by George Kahumoku Jr. is scheduled after the tournament’s final putt falls.

Also, Kelly Slater, winner of 10 Association of Surfing Professionals world titles, is to be in the field for a charity golf event. Kanekoa Texeira of Kula, a pitcher for the Kansas City Royals, is to make a pretournament appearance as well.

No admission fee will be charged for any of the events, including the four days of official competition.

“We had a certain revenue reduction, but we felt it was important to get the event re-energized,” said tournament director Nancy Cross.

A “Family Fun Day” is scheduled for Jan. 2. A three-hole competition will begin at 2 p.m., with two-time defending Hyundai champion Geoff Ogilvy scheduled to take part, along with 2010 tour winners Rocco Mediate and Justin Rose, plus Hawaii State Open winner Tadd Fujikawa. Texeira is to appear that day, and a concert featuring Anuhea is to begin at 3:30 p.m.

Also available Sunday will be a display by trick-shot artist Dan Boever, autographs from Na Koa Ikaika Maui, activities conducted by the Polynesian Village Luau and a taiko drumming exhibition.

Practice rounds start Monday, and a pro-am to benefit the Hawaii State Junior Golf Association is also scheduled with participants to include four players who won on tour last year - Matt Bettencourt, Jason Bohn, Cameron Beckman and Bill Haas - as well as Oahu’s Dean Wilson and three-time tour winner Jerry Kelly.

The traditional pro-am is scheduled for Wednesday, as is the “FedEx Cup Kick-Off,” which is to include a pro-celebrity event with 2010 tour winners Jim Furyk, Anthony Kim, Dustin Johnson and Graeme McDowell, as well as Slater. A long-drive contest at the 18th hole is to have Bubba Watson, Dustin Johnson and Robert Garrigus, in addition to the 2009 RE/MAX World Long Drive Championship winner, Jamie Sadlowski.

Music at the first tee on Wednesday will be from Reichel and Shimabukuro, starting at 2 p.m.

“We really wanted to start making this an islandwide event, not just a Kapalua event,” Cross said. “Of course it is great to have it here at Kapalua, a great course, but to have it as an islandwide, statewide event, where we were reaching out to the whole community, is what we wanted.”

A “fan zone” will offer entertainment after each round. In addition to Swanson and Kahu-moku, the artists are Jimmy Mac & the Kool Kats, scheduled to follow the second round’s conclusion, and AnDen, scheduled for the next day.

Wednesday, December 22, 2010

Wailea Beach Villas, F302

View of Molokini
Wailea's Jewel. This luxurious 3 bedroom 3.5 bathroom villa has gorgeous ocean views. Spacious corner unit offers a large lanai with features such as a built in BBQ to entertain and custom fit Teak plantation shutters for added privacy. Finishes include luxurious stone flooring, granite counter tops and Mahogany wood cabinets and trim throughout. Features include gourmet kitchen with a custom built in wine cooler, Sub Zero refrigerator, plasma television with custom built in entertainment center and surround sound is yours to enjoy as well. Master Bedroom has a private alcove office area that leads directly out onto the spacious lanai with custom built in cabinets and double pane privacy glass doors to separate the bedroom from the office. Located on one of Maui's premier beaches this complex offers the finest amenities to owners and guests including concierge and valet services, adult infinity pool and spa, a family pool area, gated entrance, two entertainment lounges for private events, business center, conference room, game room and fitness center.




Call Rorie M thru F 298-9612. Weekends call 283.9456.

Friday, December 17, 2010

A&B Closer to New $151 million, 600 Unit North Kihei Project

N. Kihei housing project backed
Land use changes recommended for council approval

December 16, 2010 - By CHRIS HAMILTON, Staff Writer

Article from The Maui News

WAILUKU - The Maui Planning Commission recommended approval Tuesday of A&B Properties’ requests for land use measures needed to proceed with the developer’s $151 million, 600-unit north Kihei project.

The next step is whether Mayor-elect Alan Arakawa and the new Maui County Council will support the bills seeking community plan amendments and changes of zoning.

If the measures and building permits are approved, construction of the “mixed-use” community on 94.3 acres could begin in late 2012 and last for five years, said A&B Properties Vice President Grant Chun.

By the time “For Sale” signs are ready to be planted in the north Kihei subdivision’s front yards, A&B is betting the housing market will have improved enough to sell the planned apartments, single-family homes, condominiums and commercial space.

Commission member Penny Wakida cast the only vote against A&B’s plans. She called the project “premature.” She said there are at least 600 home and condo listings unsold in Kihei. So, she asked Chun, what makes this project any different?

“This is for local residents,” Chun said. “And we see signs that our economy will improve over time, and we want to make sure that this project is ready so it dovetails in time for the need.”

On Tuesday, the commission voted 7-1 to support A&B’s requests for:

* About 53 acres, a community plan amendment from agriculture to multifamily apartments and a change of zoning from an agricultural to A-1 apartment district.

* About 15 acres, a community plan amendment from agriculture to multifamily and a change of zoning from an agricultural to A-2 apartment district.

* About 25 acres, a community plan amendment from agriculture to single family and a change of zoning from an agricultural to R-1 residential district.

* About 1.4 acres, a community plan amendment from agricultural to business/commercial and a change in zoning from agricultural to B-2 community business district.

Even with the construction industry in the dumps, the project has detractors other than Wakida, particularly since it is along the corner of Mokulele and Piilani highways. Some worried aloud that the rectangular-shaped subdivision would increase traffic and that its traffic-mitigation plans would not be good enough to get state Department of Transportation approval. Others called it “urban sprawl,” although Chun noted that it’s next to another subdivision along Piilani Highway.

The county Planning Department previously wanted the long-delayed Maui Island Plan and individual community plans completed before moving ahead on the north Kihei project.

However, two years ago, the state Land Use Commission supported reclassifying the land from agriculture to urban. The LUC put 28 conditions in place for the project to get approval. Those conditions included getting approval from the state Department of Transportation, meeting high energy-conservation standards and providing affordable housing intended for Maui County residents.

A&B also must provide the north Kihei subdivision with a 7-acre community park with all the amenities, at least 1 acre of green space and bicycle trials and walking paths. Project supporters pointed out that the county’s General Plan Advisory Committee included the project site within future urban-growth boundaries for the Maui Island Plan.

That plan is part of the General Plan 2030 update, and it would be a step toward including it in the Kihei-Makena Community Plan.

A&B also has completed an environmental impact statement for the site, and Chun said the environmental review found no significant obstacles. There were no findings that the project would have an adverse cultural impact on the land, and endangered plants and animals were not threatened either, he said.

The project would satisfy a work-force housing requirement by providing at least 25 percent of the homes in the affordable range. Other housing would be close to that price range, Chun said. The rest of the homes would be sold at market value.

Chun said the plan calls for two-thirds of the homes to be multifamily units, with “clusters” of condos and apartments as tall as four stories high. The remainder would be single-family homes, he said.

Developers also plan to include a 1.4-acre commercial area with a grocery store, barber shop and maybe a gas station or doctor’s office.

In addition, the subdivision would satisfy the county’s “Show Me the Water” ordinance by getting the 500,000 gallons a day it needs through an A&B-planned water treatment facility along Waiale Road, or A&B would dig the wells it needs, said planning consultant Mike Munekiyo.

The subdivision would create about 200,000 gallons a day of wastewater, which would be treated at the Kihei Wastewater Treatment Facility, he said.

As for rain runoff, the designs - which are not yet complete - call for much of it to go into retention ponds. The rest would go into the Waiakoa Gulch, and some commission members worried the runoff would further damage Maui’s delicate reef system. They wanted to see more done to avoid runoff into the ocean.

Chun noted that, although project planners have been working on the subdivision for five years, they still need to put together detailed designs, engineering plans and artist renderings.

Public testimony was short, but community activist Dick Mayer was among those with questions.

He called for evening public meetings on the project to allow more Kihei residents to attend. But commission Chairman Jonathan Starr said he’s seen “a lot of letters against this.”

Commission member Kent Hiranaga said it could be 10 years before the Maui Island Plan and individual community plans are completed, and it would be unfair to make people wait so long for affordable homes.

Mayer accused A&B of being in the zoning “entitlement collecting business.”

His comment was echoed by commission member Warren Shibuya, who expressed frustration with developers getting land entitlements and then not proceeding with plans.

“A&B is one of them,” he said.

But Shibuya added that he likes the north Kihei project and its location.

* Chris Hamilton can be reached at chamilton@mauinews.com.