And Its Effect On Real Estate

The Food Revolution

ULI10 : 26 : 11

A Case StudyKukui`ula

ULI10 : 26 : 11Brent E.

Herrington

• 1,000 acres zoned for up to 1,500 homes on the sunny south shore

• A fresh and authentic approach to Hawaiian luxury lifestyles

• Incredible private club & spa amenities

• Tom Weiskopf championship golf course

• Shopping/dining village showcasing classical Plantation-style architecture

• Grand opening held in June 2011

KUKUI`ULA : KAUA`I : HAWAI`I

Key Development Concepts

– The postcard-perfect beauty of Kaua`i (the perennial ‘favorite island’)

– The only private club community on Kaua`i

– Authentic plantation style

– Low density

– Relaxed luxury

– Ocean, mountain and golf views

KUKUI`ULA : KAUA`I : HAWAI`I

EDGE OFNOWHERE

• Uniquely Kukui`ula

• Consistent With Our Focus On Health and Renewal

• Exciting To Luxury Consumers

• Could Only Exist On The South Shore of Kaua`i

• Appealing To All Generations

Beyond Raising The Bar On Luxury Amenities, We Were Searching For Something More

…and the answer was all around us!

Kukui`ula : Kaua`i : Hawai`i

The Farm As A Community Amenity

ULI10 : 26 : 11Brent E.

Herrington

THE FARM AT KUKUI`ULA

• 10+ Acres of spectacular up-country farmland, with room to expand

• Adjacent to a scenic 20 acre lake for fishing and paddling

• Operated as an amenity for residents by the Club, with a small farm staff managing agricultural operations

• Residents are free to gather fruits, vegetables, herbs and tropical flowers (farm etiquette)

THE FARM AT KUKUI`ULA

SAMPLING OF CROPS GROWN AT KUKUI`ULA

• Miles of hiking and biking trails, remote picnic sites

• Fishing, boating and gardening supplies ready for resident use

• Garden plots available for residents who wish to garden

• Chef at the club coordinates menus with farm production for absolutely fresh ingredients

• A venue for farm-to-table dinners

THE FARM AT KUKUI`ULA

Kukui`ula : Kaua`i : Hawai`i

COMMITMENT TO FRESH LOCAL FOOD EXPANDED

THROUGHOUT KUKUI`ULA

ULI10 : 26 : 11Brent E.

Herrington

CONCLUSIONS:

• These programs have proven extremely popular with our members and appeal to virtually everyone

• Costs are surprisingly low given the impact

• The programs can be expanded in many different directions

• Golf course surrounds provide huge areas for expansion, with a ‘farmscape’ aesthetic

• Expect to implement similar programs in future communities.

KUKUI`ULA : KAUA`I : HAWAI`I