Big Island’s Villages of Aina Le‘a Project Receives Financing From Singapore-Based Investment Firm

Media Release:

“The Villages of Aina Le‘a,” a 1,000-plus acre development on the South Kohala Coast of Hawai‘i Island, has received its first infusion of cash from Singapore’s Capital Asia Group Pte Ltd.

The Villages of Aina Le'a site in Hawaii (in blue)

The Villages of Aina Le'a site in Hawaii (in blue)

DW Aina Le`a Development, LLC and Capital Asia, marketing and sales hub for the project, signed a financing agreement today in Singapore. Capital Asia will raise a total of $62,000,000—or more—for the first phase, which includes 385 town homes to be sold under county affordable-housing guidelines.

“I am pleased to assist DW Aina Le`a with development capital in its efforts to provide a major contribution to the Big Island community,” said Winston Yau, president of Capital Asia.

Winston Yau and Robert Wessels in Singapore

Winston Yau and Robert Wessels in Singapore

“Our respect for family housing at affordable rates motivates us to participate in Aina Le`a’s initial building phase. We are also committed to providing DW Aina Le`a with future financing for the completion of its master planned community,” he said.

Robert Wessels, a managing partner of DW Aina Le`a Development, LLC praised Capital Asia for its financial contributions and assistance in meeting DW’s obligations and responsibilities for the first phase.

“All of our partners have committed their maximum resources to helping us build our town homes, which will be sold within Hawai‘i County’s affordable housing guidelines,” he said.

Wessels also added that, given the dire state of the economy, he is pleased that the project will help put so many people back to work, while providing much needed affordable housing on the Big Island.

The Villages of Aina Le`a is a master-planned golf course community that will include a lodge, homes, condos, world class golf and spa facilities, a shopping center, a Village Center, commercial offices and medical facilities, and more.

DW Aina Le`a has already begun work on the site, directly across from the Mauna Lani Resort on Hawai‘i’s Gold Coast.

King of the VERT, Pics and Clips From Pahoa Skateboard Contest

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  1. Isiah http://yfrog.us/0b62rz

  2. Hanal’e http://yfrog.us/3xx9ez

  3. Tristan http://yfrog.us/0dk31z

  4. 10-13 Finals starting now… 1st up Tristan

  5. Skyview of Pahoa Community CenterPahoacommunitycenter

  6. Mahalo to the sponsors http://twitgoo.com/2074m

  7. Even girls can do “Ollies” http://yfrog.us/2fueoz

  8. Joseph ripping http://yfrog.us/2isqkz

  9. The speakers need to cool off… 10 minute free skate http://twitgoo.com/206z4

  10. Hanal’e part 2 http://yfrog.us/18h9gz

  11. 11 year old Hanal’e McGuire. Ripping it up http://yfrog.us/2r56lz
  12. Tianna McGuire – 13 year old WAHINE Shredder from Pahoa #Hawaii: http://yfrog.us/147slz
  13. John ripping http://yfrog.us/59ardz

  14. For the sponsors http://yfrog.us/08d1az

  15. Tristan shredding it http://yfrog.us/115d5z

  16. 12 year old Isiah RIPPING it up in Pahoa King of the Vert #skateboarding contest http://yfrog.us/7hqvuz

  17. The judges http://yfrog.us/0y8qgz

  18. 10 – 13 year old Shayden http://yfrog.us/e9kcsz

  19. Dan Jessup video http://yfrog.us/28mxuz

  20. Chili for lunch at the Vert contest vertchili

  21. Judging the 9 and under scores vertjudges

  22. A view from the Judges Perch at the #skateboard contest vertjudgeperch

  23. 5th District Council Lady Emily Naeole with aide RJ Hampton http://yfrog.us/18u7vz
  24. Another crowd shot from the King of The Vert Contest vertcrowd2

  25. Jason Kisling performing his made up trick “The Gnolly Front Foot Impossible” http://yfrog.us/0fs52z

  26. One of the prizes for the King of the Vert contest in Pahoa verttrophy

  27. 9 year old Pahoa veteran Sampson http://yfrog.us/5ebw6z

  28. 9 year olds continue. http://yfrog.us/0divkz

  29. 9 year old Evan ripping it up http://yfrog.us/9sfhaz

  30. 9 year old female “Sunny D” barefoot and all: http://yfrog.us/61y5cz

  31. 9 year old drew: http://yfrog.us/59qezz

  32. 5 minutes until the start of Kthe King of the Vert” 9 and under contest http://twitgoo.com/204m0
  33. Legislative Aides RJ Hampton and “Sativa” at the Pahoa Vert Skate Contest vert2

  34. Crowd shot at the Pahoa Vert contest. vert1

  35. Kenoi says aloha pt. 2 http://yfrog.us/e9wk0z

  36. Mayor Kenoi says aloha pt. 1 http://yfrog.us/2bebwz

  37. Video from The Vert http://yfrog.us/e16jlz

  38. 5th District Council Lady Emily Naeole says aloha to the folks of Pahoa at the Vert Contest http://yfrog.us/3o8c6z

  39. Video from the Pahoa Vert skateboard warm ups http://yfrog.us/7ggo0z

The Big Island Welcomes the Travelocity Roaming Gnome

Meet Pahoa

Meet Pahoa

So I gather that the Travelocity Roaming Gnome will be going around the Big Island today.

Gnome does Hilo town

Gnome does Hilo town

I was personally told by Roaming Gnome that he likes to take his vacations by himself and a few caretakers and they do a lot of things just on the go.

Pohoiki Road by Lava Tree State Park

Pohoiki Road by Lava Tree State Park

He just tweeted the following:

Waiting in line at the airport. Next stop: the Big Island!

Just in case he gets a bit camera shy on the Big Island or doesn’t have a chance to go to many spots…

Coconut Island

Coconut Island

….a member of the Pineapple Fleet has sent me the pictures I’m using in this post.

UH Hilo

UH Hilo

I’m amazed that the gnome was kind enough to stop off at the exact location my wife and I got married at:

Hilo Hawaiian Hotel

Hilo Hawaiian Hotel

Before you get settled in here on the Big Island at “Your Hawaiian Home”

A nice place to camp out

A nice place to camp out

Just remember… don’t take home any lava rock with you.

Lava Flow

Lava Flow

Welcome to the Big Island Roaming Gnome

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FRIDAY: PUBLIC MEETING
nelhaClick for more info