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Ritz-Carlton Breaks Ground on a Private Ownership and
Fractional Ownership Resort at Kaua'i Lagoons

LIHU'E, Kaua'i, June 6, 2008 - The Ritz-Carlton has moved closer to introducing its brand of luxury living to Kaua'i for the first time by breaking ground on two developments at Kaua'i Lagoons, a spectacular 520-acre oceanfront resort.

With the blue Pacific Ocean and Kaua'i's verdant mountains providing a picturesque backdrop, a traditional Hawaiian blessing and groundbreaking ceremony was held yesterday to mark the start of construction on The Ritz-Carlton Residences, Kaua'i Lagoons and The Ritz-Carlton Club, Kaua'i Lagoons.

"We're proud to be bringing The Ritz-Carlton to Kaua'i, and we could not have chosen a more idyllic setting for The Ritz-Carlton lifestyle than at Kaua'i Lagoons," said Merrill Yavinsky, regional vice president of sales and marketing for The Ritz-Carlton Club and Residences, Hawai'i. "We are committed to delivering an unparalleled ownership opportunity here on the 'Garden Isle' highlighted by the assurance of world-class service excellence."

Overlooking the scenic coastline, The Ritz-Carlton Residences, Kaua'i Lagoons will offer 14 private ownership residences featuring two-, three- and four-bedroom floor plans ranging from approximately 2,519-3,452 square feet. The interior design capitalizes on the prime oceanfront location and allows interior spaces to flow effortlessly into the outdoors.

Each residence will be complemented by an expansive lanai of roughly 701 to 2,064 square feet offering panoramic ocean and sunrise views. Prices start at $5.1 million. Reservations are now being accepted and sales will commence in August. Occupancy is scheduled for summer 2009.

The Ritz-Carlton Club, Kaua'i Lagoons will be comprised of 72 fully furnished fractional ownership residences sold in deeded one-eighteenth interests. Located alongside the resort's freshwater lagoon, the Club residences will offer two- and three-bedroom floor plans ranging from approximately 1,692-2,118 square feet. Sales reservations are scheduled to begin this October, with prices starting at $300,000 per interest. Occupancy is targeted for late 2009.

Also currently under development at Kaua'i Lagoons is Grand Residences by Marriott, the first Marriott-branded project of its kind in Hawai'i. It will consist of 78 private ownership residences offering two- and three-bedroom floor plans ranging from approximately 1,301-1,665 square feet. Sales are underway with occupancy scheduled for early 2009. Prices start at $1.6 million.

An affiliate of The Ritz-Carlton Hotel Company, LLC and Marriott Ownership Resorts, Inc., a subsidiary of Marriott International, Inc., are developing Kaua'i Lagoons as part of a 10-year master plan. Other residential offerings in planning include Marriott Vacation Club timeshare villas and private estate lots.

As part of the Kalapaki ahupua’a, the Kauai Lagoons Resort was for most of the last century a part of the large agricultural holdings of the Rice family. Descended from some of Kauai’s original missionaries, the Rice family lands were used for ranching and the cultivation of sugar cane. In the 1920’s, Charles Rice built an elegant summer home at Kalapaki Bay which became renown for its hospitality, and played host to celebrity visitors from European royalty to the young tobacco heiress Doris Duke.

Following World War II, the Rice family moved away. In the ensuing decades a hotel, the Kauai Surf, was developed on part of the site, now the home of the Kauai Marriott Resort & Beach Club. In the mid-1980s, the Kauai Surf was acquired and renovated by renowned resort developer Chris Hemmeter. It reopened as the Westin Kauai, Kauai’s first mega-resort. The Westin Kauai featured opulent architecture, Asian art treasures, and boasted Kauai’s largest swimming pool. The area known as Kauai Lagoons was also developed at that time, its spectacular location home to two world-class golf courses, a man-made 38-acre lagoon complete with exotic water fowl, miles of meandering shoreline, and miniature islands. A small luxury shopping center and two distinctive restaurants followed.

For more than a dozen years, the resort lay dormant (but for its famed Kiele golf course which continued to earn acclaim.) Building on its legacy of elegant hospitality and world class amenities, and recommitting to the values of environmental responsibility and community partnership, Kauai Lagoons once again welcomes the World’s distinguished to share in the beauty and relax on the shores of Kalapaki Bay.

Golf legend Jack Nicklaus is redesigning Kaua'i Lagoons' award-winning golf courses, which will be highlighted with four consecutive oceanfront holes overlooking the coastline. Future plans also include an upscale restaurant with ocean and golf course views, water taxi service for the 39-acre freshwater lagoon, and a full-service spa. In keeping with Kaua'i's character, approximately 350 acres, or two-thirds of the resort including the golf courses, will remain as undeveloped "green" space.


The Ritz-Carlton Club
Beth Ridenour 

Also See: The Vacated Coco Palms Resort on the Island of Kaua'i Receiving a $220 million Restoration that will Retain Much of the Resort's Original Ambience / January 2006
The $200 million Outrigger Waipouli Beach Resort & Spa Set to Open on Island of Kauai / October 2006


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