Sakamoto Properties

Our Blog

Luxury Maui Real Estate Blog

Luxury property, oceanfront and West Maui real estate specialists, including Kapalua and Kaanapali, bring you current Hawaii events, news, fundraising charities, art, featured property listings, and more. Subscribe to receive updates on our weekly blog!

Hawaii Sees Highest Percent Increase in Construction Jobs

Hawaii ranked number one in the nation for percentage of new construction jobs.
June 24, 2016

Hawaii Sees Highest Percent Increase in Construction Jobs

Hawaii is leading the nation in the percentage of new construction jobs added in May, according to a report from the Associated General Contractors of America. This paints a pretty clear picture about the direction in which the state is going as far as development, including the construction of both new Hawaii homes and commercial structures.

In fact, from May of 2015 to May of this year, the construction sector added the highest percentage of new jobs in every state, which is something worth being aware of if you want to gauge the economic growth of the nation as a whole. Hawaii saw no less than 6,700 new construction jobs during that period, which was a whopping 20 percent increase.

Between April and May of this year, Hawaii added 700 construction jobs, which was an increase of 1.8 percent. That's a pretty substantial change for a period of just one month. It will be interesting to see how the numbers play out in the future. In the meantime, the added employment opportunities are always appreciated by local residents.

The past year's sharp increase in construction jobs isn't too surprising, particularly because of the strong demand for new housing that we're seeing, and not just on Oahu. New Maui homes are also in demand, and buyers like a wide range of choices to suit their preferences.

According to Ken Simonson, chief economist for the Associated General Contractors of America, the slowdown in monthly hiring that has emerged is most likely due to a lack of workers, not a lack of work. That's because 70 percent of firms reported that they were having a hard time finding qualified workers, as of earlier this year. This should be encouraging news for all the new construction workers out there who are entering the job market now.

In the future, we'll keep an eye on new Maui real estate developments coming up in the West Maui area, and throughout the island. If an interesting project shows up, we'll post about it. Check in each Friday for our latest update. Mahalo!

West Maui Pulelehua Project Sold

The workforce housing project includes 882 homes, about half of which will be affordable.
June 17, 2016

West Maui Pulelehua Project Sold

The Pulelehua project has officially been sold by Maui Land & Pineapple to an undisclosed buyer for $15 million, according to a filing with the Securities and Exchange Commission. If you follow our blog, you might remember that half of the project comprises affordable housing.

Pulelehua is a 304-acre planned workforce housing project, which was designed to fill a serious need for affordable housing amidst the countless West Maui luxury properties that many hard working residents can't afford. Not only will the project provide affordable housing to buyers below a predetermined income, but it will also keep the housing affordable if resold in the future.

Beginning in March, Maui Land and Pineapple (MLP) began its 90-day due diligence period on the deal to sell to their undisclosed buyer. Also, the land is collateral for MLP's term loan with American AgCredit, and the sale will pay most of it back. The principle balance on the loan was $14.7 million, but the gain from the sale was $14.3. MLP will have to come up with the remainder of the funds, but hasn't disclosed how they plan to do that yet.

This project has been in the works since 2004, with the Maui County Council granting approval in 2011. Many lower income workers in the West Maui area will be happy to know that a substantial number of new affordable homes will be available through this project. The project includes 882 homes total, and about half of those will be affordable.

If you're in the market for West Maui real estate, you'll find a good range of prices. For any assistance you might need choosing the right property for your needs, whether as a permanent resident or for income property, you'll find our contact information at the bottom of the page. Mahalo!

Reopening of Pineapple Grill in Kapalua

Pineapple Grill is back with new management, breakfast hours and menu items.
June 10, 2016

Reopening of Pineapple Grill in Kapalua


Photo Provided by Pineapple Grill : www.pineapplegrill.com

Back in March of this year, we talked about Troon's purchase of the Pineapple Grill Restaurant at The Bay Course Clubhouse at the Kapalua Resort. This popular Kapalua Restaurant has finally reopened for business as of June 3rd under its new management, with some substantial upgrades. Those of you in the market for a Kapalua home can add this to the laundry list of great features you can enjoy in this remarkable part of West Maui.

New menus were among the changes at Pineapple Grill, so if you've been here before, expect to find some fresh options. Changes also include upgraded kitchen equipment and new service standards, among other enhancements. Chef Robert Barrera collaborated with the Troon food and beverage team to enhance the most popular menu items, so you can expect to taste some of those old favorites again. That'll be a relief to the countless pineapple upside down cake enthusiasts among the restaurant's returning patrons. Maui's Best Baked Mac and Cheese also remains on the menu because of its popularity, and now you can order it with a kalua pork add on.

The restaurant will also be open for breakfast, catering to the needs of visitors, residents, and the early bird golfers out on the greens in the mornings. They've got some exciting new breakfast menu options, too, like the Jumbo Egg Sandwich, Huevos Rancheros and the Maui Cattle Company Half Pound Loco.

A new Pineapple Grill Happy Hour has been added as well, from 2:30pm to 5:30pm daily, with an affordable array of drinks and pupu. For example, cocktail specials and draft beer selections will be priced at just $6. There will be ten pupu options under $10, which is a great deal for anyone looking for a late afternoon drink and snack in a charming restaurant with lovely views.

If you feel like swinging by to check out the new version of the Pineapple Grill during the summer, the restaurant is open for breakfast from 6:30am to 11am on weekdays and to noon on weekends. The all-day menu will be available from 11am to 8pm on weekdays, and will start at noon on weekends.

To get more info, visit the new Pineapple Grill website. If you need assistance with your Kapalua real estate search, you'll find our contact information at the bottom of the page. We look forward to helping you through every step of the process. Mahalo!

6th Annual Huliau Youth Environmental Film Festival

A film festival showcasing the wonderful work of Maui's budding filmmakers.
June 03, 2016

6th Annual Huliau Youth Environmental Film Festival


Photo Provided By Maui Huliau Foundation: www.mauihuliaufoundation.org

With all the buzz surrounding this year's upcoming Maui Film Festival, it seems like a good time to give a shout out to the talented keiki (kids) who are participating in the 6th Annual Huliau Youth Environmental Film Festival, which will be held on Saturday, June 4th, just a couple of days before the Maui Film Festival.

These keiki come from our little Maui community, and they worked hard to pull their wonderful films together, with the help of the Maui Huliau Foundation, an environmental education non-profit serving our youth. The participating students have pitched, planned, shot and edited their films in an immersive after-school film making program throughout the school year.


Photo Provided By Maui Huliau Foundation: www.mauihuliaufoundation.org

This year's event will feature eight short environmental films made by students from 11 schools around the island. They will include a video game style film about reducing your ecological footprint, a parody of the Uptown Funk music video about climate change, and various documentaries funded by the Office of Economic Development. The following is a list of the documentaries.

  • Fields of Change - An exploration of the proposed uses of the HC&S sugarcane lands.
  • Restoring the Dunes - Featuring the work of South Maui Volunteers who restore and protect coastal dune habitat.
  • E Kumpa'a: Restoring A Firm Foundation - Documenting the upcoming Indigenous Crop Biodiversity Festival.

The festival will be held at the Iao Theater, a historic Maui property in Wailuku, on June 4th at 7pm. Ticket sales will support the Huliau Environmental Filmmaking Club to continue fostering the creativity and experience that these budding filmmakers enjoy under the program. The affordable tickets to the festival are $15 at the door for adults and $5 for youth ages 18 and under.

You can support the efforts of the Huliau Environmental Filmmaking Club whether you can attend the festival or not. Maui Huliau accepts donations via their website. Mahalo for reading, and as always, if you need assistance with your West Maui real estate search, you'll find our contact information at the bottom of the page.

Maui Visitor Industry Charity Walk Raises Over One Million

Our very own agent, Mitch Mitchell, took first place for most funds raised by an individual.
May 27, 2016

Maui Visitor Industry Charity Walk Raises Over One Million


Photo Provided by Maui Hotel & Lodging Association : mauihla.org

Maui participants recently joined forces in the Visitor Industry Charity Walk to raise funds for vital non-profit organizations around the county. Their goal was to raise a million, but they exceeded that figure with a total of $1,033,383. These wonderful participants included business representatives, visitor industry workers, non-profit workers and others, all working together to support organizations that help our community thrive.

Some began fundraising efforts months before the event by every means you can imagine. They threw benefit luaus, chili and stew cook-offs, concerts, golf tournaments, kick-ball tournaments, car washes, bake sales, dunking booths and even tug-of-war competitions, all while collecting pledges from like-minded people who wanted to help.

Many congratulations go to everyone who contributed, with extra gratitude for our very own Maui real estate agent Mitch Mitchell, who won 1st Place for Individual Raising the Most Funds with a grand total of $31,175 for Hale Makua Health Services, where Mitch is on the Board of Directors.

The Grand Wailea Resort & Spa came in as the property bringing in the most funds with $48,281. Bank of Hawaii was the business that raised the most with $15,750. The non-profit bringing in the most funds was West Side Hoops with $91,730. The restaurant that brought in the most funds, for the fourth year in a row, was the Tri-Star Restaurant Group with a total of $6,400. Also worth celebrating was Maui Condo & Home Vacations as the property who brought in the most funds per capita, with $590 raised per employee.

Organized by The Maui Hotel & Lodging Association the walk was held on May 14th, when no less than 2,595 walkers gathered at the War Memorial Soccer Field to share in a lively morning of great food, exercise, prizes and entertainment. Maui's event generated $974,773, and the prior events on Molokai and Lanai raised $40,356 and $18,254, respectively, bringing us to that grand total of $1,033,383.

This is a triumphant time for all three islands of Maui County, and all those wonderful individuals who gave their time, money and effort to raise these funds. You can learn more about our remarkable agents on our West Maui real estate agents page. Mahalo!

Blogs for June 2016

Hawaii Sees Highest Percent Increase in Construction Jobs

Posted on June 24, 2016
Hawaii Sees Highest Percent Increase in Construction Jobs

Hawaii is leading the nation in the percentage of new construction jobs added in May, according to a report from the Associated General Contractors of America. This paints a pretty clear picture about the direction in which the state is going… Continue Reading

West Maui Pulelehua Project Sold

Posted on June 17, 2016
West Maui Pulelehua Project Sold

The Pulelehua project has officially been sold by Maui Land & Pineapple to an undisclosed buyer for $15 million, according to a filing with the Securities and Exchange Commission. If you follow our blog, you might remember that half of the project comprises affordable… Continue Reading

Reopening of Pineapple Grill in Kapalua

Posted on June 10, 2016
Reopening of Pineapple Grill in Kapalua


Photo Provided by Pineapple Grill : www.pineapplegrill.com

Back in March of this year, we talked about Troon's purchase of the Pineapple Grill Restaurant at The Bay Course Clubhouse at the Kapalua Resort. This popular Kapalua Restaurant has finally reopened for business as of… Continue Reading

6th Annual Huliau Youth Environmental Film Festival

Posted on June 03, 2016
6th Annual Huliau Youth Environmental Film Festival


Photo Provided By Maui Huliau Foundation: www.mauihuliaufoundation.org

With all the buzz surrounding this year's upcoming Maui Film Festival, it seems like a good time to give a shout out to the talented keiki (kids) who are participating in the 6th Annual Huliau… Continue Reading

Mailing Address:
Sakamoto Properties
P.O. Box 10068
Lahaina, HI 96761
Contact:
Phone: (808) 669-0070
Fax: (808) 669-1234
Info@SakamotoProperties.com
Office Address:
Sakamoto Properties
Napili Plaza
5095 Napilihau Street #203
Lahaina, Maui, HI 96761
Meyer Computer, Inc.
Web Services provided by Meyer Computer, Inc.
Web Hosting & Design