The Dunes at Maui Lani Golf Course is pictured on Tuesday. The 18-hole course, developed commercial lots and lands entitled for up to 1,900 new housing units are up for sale in the Maui Lani master-planned community in Kahului. While there is no listed sales price, “the anticipated combined value of the bulk offerings could be as much as $150 million,” according to Cushman & Wakefield, the real estate services firm hired to sell the sites. The Maui News / MELISSA TANJI photo
The Dunes at Maui Lani Golf Course, developed commercial lots and lands entitled for up to 1,900 new housing units are up for sale.
While there is no listed sales price, “the anticipated combined value of the bulk offerings could be as much as $150 million,” according to a news release from Cushman & Wakefield, a global real estate services firm hired to sell sites owned by two different groups in the Maui Lani master-planned community in Kahului.
HRT, an affiliate of the Harry and Jeanette Weinberg Foundation, is selling 192 entitled acres that allow for up to 1,700 new residential units, the news release said. The project includes frontage on the golf course and existing entitlements, allowing for a mix of residential and commercial uses. The planned district provides for about 132 acres of single-family homes and townhomes, about 22 acres of multifamily homes and about 5.5 acres of commercial and civic uses.
The Mills Group, which is chaired by Bill Mills, is the principal partner/developer of Maui Lani and is selling 266 acres that include the golf course. It also covers an entitled residential parcel of more than 60 acres plus 25 developed commercial lots and four fully leased buildings totaling more than 40,000 square feet of commercial space within the Maui Lani Village center.
Stacey Takaba, partner with the Mills Group, said Tuesday that the reason for the sale is that “we felt there was a lot of synergy with the proposed sale of the HRT properties in Maui Lani.”
An aerial view of Central Maui shows the 458 acres for sale in the Maui Lani master-planned community that includes The Dunes at Maui Lani Golf Course. Photo courtesy of Cushman & Wakefield
Takaba said the sale was not related to past protests by Native Hawaiian advocacy groups over concerns that developments in the area could possibly threaten burials.
Giorgio Caldarone, managing director of Hawai’i real estate for The Harry and Jeanette Weinberg Foundation, said in an email Tuesday afternoon that “the sale of this property is consistent with the Weinberg Foundation’s long-term strategy to ensure our assets help fund the foundation’s annual grant making and advance our mission to meet the basic needs of people experiencing poverty.”
The foundation awards $12 million in grants per year to dozens of organizations across the state.
Of the lands that HRT is selling, nearly 154 acres are zoned as residential, nearly 22 acres are zoned for apartment and 3.7 acres are zoned for commercial.
Matt Davis, director with Cushman & Wakefield, and Anthony Provenzano, senior vice president of Cushman & Wakefield ChaneyBrooks, are leading the sales efforts.
Davis touted the properties’ proximity to services and a chance to develop homes.
“This is a very special offering in Central Maui as there really isn’t anything quite like this on the entire island let alone the state,” Davis said in the news release.
“One of the most unique things about this master plan is that rather than being another resort development opportunity, this is an opportunity for a developer to deliver new attainably priced housing that is massively in demand to both locals and out of state looking for a home that is closer to services and that also comes with all the benefits and amenities of a master-planned community.”
* Melissa Tanji can be reached at mtanji@mauinews.com.
An aerial view of Central Maui shows the 458 acres for sale in the Maui Lani master-planned community that includes The Dunes at Maui Lani Golf Course. Photo courtesy of Cushman & Wakefield 
The Dunes at Maui Lani Golf Course is pictured on Tuesday. The 18-hole course, developed commercial lots and lands entitled for up to 1,900 new housing units are up for sale in the Maui Lani master-planned community in Kahului. While there is no listed sales price, “the anticipated combined value of the bulk offerings could be as much as $150 million,” according to Cushman & Wakefield, the real estate services firm hired to sell the sites. The Maui News / MELISSA TANJI photoToday's breaking news and more in your inbox
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