We are pleased to share the latest construction progress for Koloa Village Residential in Kauai, based on a site visit conducted on August 4, 2026. Work continues to proceed throughout the site with full-time crews, and no major delays were reported.
Site & Structural Progress
Sitework across the development is complete. Framing is essentially complete on all 15 buildings, with roofing nearing completion and interior work closely following behind. Exterior finish work is nearing completion on all buildings. The foundations for the final two buildings, K and L, have been poured, and framing on those units is now essentially complete as well.
Occupancy & Permits
Occupancy is proceeding for Buildings A, B, C, D, E, M, N, Q, and R, with Certificates of Occupancy being issued as final County inspections are completed. All required grading and building permits have been issued by the County of Kauai, including the building permit for Building G, issued in early July. County inspectors continue to visit the site regularly, and special inspections are being conducted as required.
Interior Finish Work
Interior finish work continues to advance in close coordination across trades. Drywall installation made good progress in July, with painting closely following behind. Siding installation is nearing completion, and door installation continues to move forward as interior finishes progress. Finish carpentry and closet shelving are proceeding rapidly, with flooring following closely behind the drywall work. Most units now have operational fire sprinkler systems, plumbing work is nearing completion, exhaust fans are being installed alongside the cabinets, and electrical work is nearing completion pending inspections and testing.
Quality, Safety & Environmental Protections
Based on site observations, construction is proceeding in general compliance with the approved drawings and specifications, with contractors implementing quality control measures consistent with generally accepted industry standards. Safety on site has been good, with no reportable accidents, and site security has likewise been good with no significant losses. Environmental protection measures, including dust screens, tire cleaning aprons at both construction entrances, and silt fences, remain properly installed and maintained.
Schedule Outlook
Due to weather delays and design modifications, the project is currently running behind the original schedule. The team is now projecting substantial completion of the current project work by the end of calendar year 2026, and it continues to appear possible that all remaining Certificates of Occupancy could be issued by early 2027. Current project funding continues to appear sufficient to complete the project work. Timelines remain subject to change based on ongoing construction and permitting conditions.
This update reflects conditions observed during a site visit on August 4, 2026.It is provided for informational purposes only and is based on third-party construction monitoring observations. All statements reflect conditions at the time of reporting and are subject to change. No guarantees or representations regarding project completion, performance, or investment outcomes are made or implied.