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ROYAL-CLARK
DEVELOPMENT PROJECTS IN HAWAII

Bay
View Estates
- (BVE-LLC)
is Oahu's Newest Residential Subdivision located
along
Kaneohe Bay Drive in beautiful Windward Oahu.
Bay View
Estates will consist of 27 fee-simple, single-family
homes conveniently located within minutes of the
Pali, Likelike, and H-3 freeways. Homes will have
breathtaking views of the ocean, bay and the
majestic Ko'olau Mountain range.
Click here to view the Bay View Estates Website.
Waipahu Terrace
- a
17-lot single-family residential subdivision in
Waipahu, Oahu, Hawaii (completed).
Lease
Participation Income - Share of the lease income in
the Halawa Business Park over the next 10 years
totaling in excess of $2 million.
Manoa
Hillside Estates
- a
62-lot subdivision located in Honolulu, Hawaii. 95%
sold.
Acquisition of the Hawaiian Properties Division
On
August 31, 1988, Royal-Clark Development Co.
acquired all of the assets of Lear Siegler
Diversified Holdings Corp's Hawaiian Properties
Division. The purchase included the following:
a. Halawa Business Park - a 64-lot industrial park.
This is a leasehold development on land owned by The
Queen Emma Foundation. A $6.8 million Improvement
District Bond issued by the City & County of
Honolulu was used to complete improvements for this
project.
b. Lease management and participation on over 5,000
Bishop Estate leases developed by Lear Siegler, Inc.
in Leeward Oahu.
c. The staff of the Hawaiian Properties Division of
Lear Siegler, Inc. Members of the staff have been
responsible for development of over 10,000
residential units under their development agreement
with the Bishop Estate through Lear Siegler, Inc.
and its predecessor company, Amfac, Inc.
The
Bluffs -
- a
144-lot subdivision located in Kailua, Hawaii. Our
1992 and 1993 Parade of Homes entries received the
coveted Grand Champion award (best in show - all
islands). This subdivision is complete.
Kaopa
Park Place
- a
40-unit duplex rental project located in Kailua,
Hawaii has been developed and sold.
City
Square
- Former
GEM of Hawaii, Inc., President Glenn Kaya is
developing a $7 million, 130,000 square foot retail
complex fronting Dillingham Boulevard with
Royal-Clark Development Co.
Halawa
Business Park
- Phase
II - This is a 69-acre business park located in
Halawa Valley, Honolulu, Hawaii. A leasehold
development on land owned by The Queen Emma
Foundation, Royal-Clark's development rights for
this project extend through 2027.
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