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November 2008

IN THIS ISSUE

- Aloha from Poipu Beach
- Project Update
- Wahi Noho - Our Island Community
- Event Update
- Contact Us Today

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YOUR CUSTOMER CARE MANAGER
Jennifer Cole-Conner
1.866.921.4242
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The west view over Buildings 3, 2, & 6

PROJECT UPDATE

We have made some recent updates to our websites to make it more user friendly and to help keep you better informed on the progress of Koloa Landing. The homepage now shows the current weather in Kauai and has links to register new prospects, and to view construction progress through the live web cam. We have also updated the home owner section of the website with all the updated condo documents. One of those documents is the latest amendment to our public report.

Koloa landing at Poipu Beach is registered with the Hawaii Real Estate Commission and the Federal Department of Housing and Urban Development (HUD). Both of these agencies require that we submit any updates to the project information presented in prior reports through amendments. These amendments are commonly expected through the course of the project as construction and sales plans evolve.

Several months ago you were sent a copy of the Amended Public Report (issued on August 21, 2008). Recently we updated that report and the commission issued Amendment 1 to that report. This report contains the latest updates to the project and has been uploaded to the website under the public report section of the homeowner page for your ease of reference. Additionally, we will be sending via regular mail a copy of the Amendment 1 as well as an amendment to the HUD report. We ask that you review both and return your receipts of delivery, as instructed on the receipt forms, at your earliest convenience.

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WAHI NOHO
1

1October 30 to November 2, 2008
The Hawaiiana/Malama Ola Festival

The Hawaiiana/Malama Ola (to take care of life) Festival took place in Poipu, Kauai focusing on perpetuating and teaching Native Hawaiian Healing and Cultural practices. Over fifty different activities encompassed all things Hawaiian; demonstrations, lectures, health and fitness classes, panel discussions, cultural arts and practices displays, entertainment, and island delicacies. A popular topic and event at the festival involved the Hawaiian Tradition and Art of Lomi Lomi Massage.

"The lomilomi technique focused on finding congested areas in the body and dispersing them, by moving the palms, thumbs, knuckles and forearms in rhythmic, dance-line motions. Setting the intention for healing, the Kahuna would also utilize prayer (pule), breath (ha) and energy (mana). The practice of lomilomi was common within each Hawaiian community and contributed to a vibrant, healthy society."

This article on the history of Lomi Lomi, written by Tamara Mondragon, appeared as the cover story in the July 2000 issue of Massage Magazine.

Click to view whole article.

As one of our Koloa Landing Homeowner’s we welcome you to experience some of the islands heritage with a lomi lomi massage; simply let Jennifer, know when you are planning on visiting Kauai again.

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Aloha to all of the founding homeowners of Koloa Landing at Poipu Beach. As the developers of Koloa Landing we are excited to see the years of vision and planning becoming a reality. As many of you have seen, via our live construction web cam, vertical construction is well underway with all of the Phase One residential buildings in progress and beginning to take shape. Our Contractor, Resort Construction Managers, is in full gear, currently forming and placing the concrete columns and slabs which together comprise the superstructure of each building. The 85 residences within this first phase are anticipated to be complete and ready for occupancy beginning January 2010 through the first half of 2010. We are committed to ensuring that our construction team builds to the highest standards so that the quality of each residence will meet the expectation of the homeowner. Our commitment to quality extends throughout every detail of the project. Not only will there be quality in the finishes and the elements that will be touched and seen, but also the elements that won’t. Everything together will certainly play a role in creating the type of experience that will set Koloa Landing apart. We feel that you as homeowners share our same vision and excitement.

With the current economic struggles, our anchor comes from the strategy with which we initially approached this project. As a developer we identified a unique property, and set to distinguish it through vision and great design. With availability of developable real estate extremely scarce, our Oceanside location in Poipu simply cannot be duplicated. The Hawaiian Islands have always been, and will continue to be, one of the most desirable places to vacation and live. Of all the islands, Kauai has perhaps the most limited ownership opportunities for this type of luxury condominium resort. The planning of Koloa Landing was driven around creating luxury high-end residences, complimented with first class resort amenities. The design was carefully coordinated with the elements of island living that make this place so special. Certainly the best real estate will always have the highest value. Because of our uniqueness in location and product, along with our commitment to deliver, we are well positioned and successfully moving forward. We are grateful for each one of you as homeowners and appreciate your confidence in us.


POIPU BEACH VILLAS LLC.

The view over the lagoon pool to Building 6

Building One South View The east view to Building 9
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KOLOA LANDING ATTENDS FLIGHTS OF NAPA EVENT WITH GREAT SUCCESS

Mahalo to all of our Koloa Landing Homeowners who attended the “Flights of Napa” Event; it was a pleasure to see you.    Koloa Landing enjoyed sponsoring the first annual “Flights of Napa” Event that brought together the finest Aircraft, Wine and Luxury in a three day celebration.  Our team enjoyed bringing a bit of island aloha to Napa Valley, California.

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Poipu Beach Villas, LLC S&P Destination Properties Group 70 Resort Construction Managers, IncKoloa Landing at Poipu Beach
Koloa Landing at Poipu Beach
Tel. 1.866.921.4242 | www.koloalanding.com | Contact Us