Word: kapalua
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Dates: during 1979-1979
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...useless brush and mesquite land a few years ago. If Maui in the past century was ravaged by diseases brought in by outsiders, the island today is in the throes of a more benign importation. It could be called condo fever. Symptoms:-More than 1,000 people gathered at Kapalua last July to engage in a form of real estate roulette. The names of "registered" prospective buyers of condominiums were spun in a revolving cage to decide which 134 lucky ones would get the chance to shell out an average $205,000 each for unbuilt one-or two-bedroom town...
...developer: "I'm not kidding you, we just can't build 'em fast enough." Francis Blackwell, 54, Boston-born executive director of the Maui County Visitors Association, boasts: "We have more millionaires per capita than any other place in the country, including Palm Springs." To which Kapalua Land Co.'s Oregon-born vice president, Michael Gallagher, 36, adds: "How many more rich people can there be in the world? Where can they be? It's frightening...
...whisks the visitor in Cessna luxury to and from Honolulu. Henry A. Walker Jr., chairman and president of Amfac, Inc., owners of the resort, is developing a $4 million, seven-acre Hawaiian Sea Village, ressurrecting the islands' ancient arts and crafts. A few miles to the north is Kapalua, whose Bay Hotel opened last October. Operated by Rockresorts, the 196-room hotel has a superb golf course (the 334-yd. 13th green is framed by two beaches); another course is under construction. On the southwest coast is the charming 350-room Wailea Beach Hotel and its two golf courses...
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