VIDEO REPORT: Aina Lea development in trouble?
July 7, 2010 – Kohala Coast, Hawaii
Video by David Corrigan | Voice of Tim Bryan
TRANSCRIPT
The November completion of 385 housing units at the Aina Lea project along the Kohala coast appears in be in doubt.
The developers of the project have missed a March 31st deadline to build 16 affordable homes on the land, and the commission is waiting to see if developers can now meet a Nov. 17th deadline to have the entire project finished.
The project, located mauka of the Mauna Lani Resort, has been showing some progress, as evidenced by these photos. The developers organized a public event for the pouring of the concrete foundation for one of the homes last year.
However, the West Hawaii today reports that contractors working on the project say they haven’t been paid in months.
The developers are $300,000 behind in some payments, according to the article.
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