Adding himself to the list of billionaires who are investing in Kauai property, Oakley founder, James Jannard, is purchasing several properties located on Hanalei's beachfront. Jannard's Waioli Surf Shack Holdings has closed on 3 properties at the end of Weke Rd totaling $30M.

On Thursday, the Coconut Palms Plantation Resort land sold at auction for $3.66M. The winning bid for the 11.78-acres located went to Gary Oda and his partners who own the adjacent properties, the Bull Shed Restaurant, Mokihana Lodge, and the Kauai Kailani condominium complex.

The Garden Island adds …

Marriott recently sold Kauai Lagoons to Developer Ed Bushor for $60M. $40M has already been paid and Marriott is seeking the remaining $20M by April 30th. Though, according to Pacific Business News, an alternative arrangement may be in the works where Ed Bushor develops the rest of the property …

Pacific Resource Partnership, an organization that tracks constructions projects in Hawaii, reports that the construction permit value in 2014 hit an 8 year high at $2.89B. The construction permit value is commonly used as an indicator for a growth in the construction industry. As such, the 2014 permit value …

Randy Reider first visited Kauai in August of 2007,  where he married his wife Cindi. Like many others they fell in love with the islands culture, people, beauty, and lifestyle instantly.  They would return to Kauai frequently and with each trip it became harder and more painful …

PBN reported back in January that the public records show that Facebook CEO, Mark Zuckerburg, paid more that $200M for the hundred of acres he acquired last year. The initial purchase of the Kahuaina plantation was followed by the purchase of the adjacent property from James Pflueger.  The 80 …