KUKUI'ULA RESIDENTIAL COMMUNITY ON KAUA'I BREAKS GROUND ON $100 MILLION
RECREATIONAL, AMENITY & DINING CLUBHOUSE
Kukui'ula Plantation House and Garden Spa to Complement Tom Weiskopf-Designed Golf Course in 1,010 Acre Luxury Resort Community

Groundbreaking and traditional Hawaiian blessing festivities celebrating the start of construction on a $100 million recreational, amenity and dining clubhouse at Kukui'ula, a 1,010-acre luxury resort community on the island of Kaua'i, were held today.

Work on the Kukui'ula Plantation House (clubhouse for golf, dining and recreational activities), Plantation House Spa, a Tom Weiskopf-designed golf course and other amenities for Kukui'ula homeowners, is expected to be completed in late 2010.

"We're excited to begin construction on several of the most critical components of our community," said Richard A. Holtzman, president of Kukui'ula Development Company (Hawaii), LLC, an affiliate of DMB Associates, Inc. a Scottsdale, Arizona-based diversified real estate development and investment firm, and an affiliate of A&B Properties, Inc., a subsidiary of Alexander & Baldwin, Inc., one of Hawai'i's largest private landowners.

"Our Plantation House is the gathering place for all of our social and club activities and ensures the family-oriented lifestyle we're offering our owners. Initiating this phase of our development is a testament to the commitment of the DMB and A&B partnership to creating the most authentic expression of luxurious island living in Hawaii," continued Holtzman.

Described as "Kaua'i's Living Garden," with its cool mountain hillsides and sloping fields of blossoming flowers and native plants and trees, Kukui'ula will have 21st century conveniences to support a simple and gracious lifestyle for people and families who are looking for recreation, relaxation and adventure at their own pace.

The 20,000 square-foot Kukui'ula Plantation House will feature coffered ceilings and wood beams, intimate furniture arrangements, overhanging eaves and a generous wrap-around outdoor lanai with panoramic views of the nearby Spouting Horn blowhole, the Pacific Ocean and the golf course.

A dramatic canopy of monkeypod trees will line the entryway to the Plantation House where a casual dining hale (house, pavilion) and bar, game room, library, keiki (kids) activity area, garden café and beach-inspired pools will overlook a spectacular lawn that leads to Kukui'ula Bay.

The Kukui'ula Plantation House Spa, a retreat for both physical and spiritual pursuits, will be shaded by umbrella-sized palm fronds and scented by plumeria and pikake from the spa's private gardens. The indoor/outdoor layout of the spa will feature treatment rooms in garden settings, a glass-walled steam room hidden in a lushly landscaped lava courtyard, fitness facilities with full cardio and strength building equipment, a movement studio, lap pool and a menu of forward-thinking wellness programs.

Already underway at Kukui'ula is an 18-hole private golf course designed by PGA Champions Tour and British Open winner Tom Weiskopf. Weiskopf, who has designed over 50 acclaimed courses worldwide, is creating a par-72 course on 200 acres overlooking Kaua'i's sunny south shore and Po'ipu beaches and surrounded by tropical flowers, native Hawaiian plants, and fruit, macadamia and coffee trees.

For passionate golfers, where playability and memorable challenges are essential to their game, the design of Kukui'ula's course is incomparable. To complement incredible ocean views and expansive fairways, each hole on the 7,006-yard Kukui'ula course will feature unique landscaping themes utilizing thousands of indigenous plants that mirror the "living garden" concept of the entire Kukui'ula community.

Creating A Legacy Community for Future Generations

Kukui'ula's developers, DMB, Inc. and Alexander & Baldwin, are investing heavily in creating the island's first legacy community. Says Holtzman, "Kukui'ula is being designed to embrace active family lifestyles, allowing for endless opportunities to reconnect with nature or fulfill personal pursuits. We believe our owners will pass these legacies on to future generations."

Kukui'ula's destination gardens and floral sanctuaries will feature over 10,000 native trees and once endangered flowers and plants - all in collaboration with the Congressionally-chartered National Tropical Botanical Garden located adjacent to the property.

In addition to Kukui'ula's Plantation House and superlative golf, residents will also have access to a 25-acre fresh water lake for canoeing or catch and release bass fishing; miles of meandering paths for walking, hiking or biking; and an eight-acre upcountry farm with a resident horticulturist to teach the art and science of growing organic vegetables, herbs, tropical flowers, even orchids. Residents will also be invited to have their own space in the hothouse or plots in the garden.

Kukui'ula Village, a pedestrian-friendly retail shopping center for Kaua'i residents and visitors, will feature a collection of regional cuisine by noted Hawaii chefs, casual family-oriented cafés and a blend of local, national and international apparel and home accessory boutiques. Kukui'ula Village is scheduled to open in Summer 2009.

The 1,010-acre community includes a collection of Mauka, Makai, Rural and Coastal custom ocean view homesites and one- and two-story Hawaiian plantation-style cottages varying in size from approximately 2,030 to 4,600 square feet.

Award-winning builder Linthicum Custom Builders, LLC (www.linthicumcorp.com) is the general contractor for the Kukui`ula Plantation House and the Kukui`ula Plantation House Spa. Linthicum has operations in Hawai'i, California and Arizona.
About Kukui'ula

Kukui'ula® is being developed by Kukui'ula Development Company (Hawaii), LLC, an affiliate of DMB Associates, Inc. ("DMB"), a Scottsdale, Arizona-based diversified real estate development and investment firm (www.dmbinc.com), and an affiliate of A&B Properties, Inc., a subsidiary of Alexander & Baldwin, Inc., one of Hawai'i's largest private landowners (www.abprop.com). DMB has been a highly acclaimed leader in creating successful legacy communities in the western U.S. for more than 20 years. Alexander & Baldwin, a landmark name in the Hawaiian Islands for 137 years, is involved in land development, agriculture and ocean transportation. For more information on Kukui'ula, visit www.kukuiula.com or call 1-808-742-0234.

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