Application Timeline for "Kona Hawaii Development LLC" (aka Diamond Resorts International )

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1998, a 48-room resort condominium / office complex with retail is approved.

2002, four years later, a time extension is granted.

2007, nine years later, building permits issued for the current the slab and structure. 

2008, ten years later, a SECOND time extension granted.

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2013, fifteen years later, property bought by Diamond Resorts International.

2014, sixteen years later, a THIRD time extension was granted.

2017, nineteen years later, plans approved for a 46-unit condominium timeshare.

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2021, 23 years later, a FOURTH time extension was granted.

September 2022 the property is listed for sale. (Evidently it didn't sell?)

January 2023, per the applicant the SMA Permit was automatically nullified due to non-compliance with the time performance condition.

May 2023, "Baywood Dai Inc. entered into a purchase and sales agreement with DPM Acquisition LLC to complete the project."

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This doesn't appear to be a real sale with a change in ownership. Applicant Kona Hawaii Development LLC is a creation of Baywood Dai Inc., which is a part of DPM Acquisition LLC, which is controlled by Diamond Resorts International.

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September 2023, twenty-five years later, the current application to more than double the size of the initial proposal is submitted. They are asking for another five years to build, with the Planning Director able to grant an additional five years without further public review.

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In other words, if approved, the next expiration could be in 2033.

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That's 35 years from the initial application and two decades since Diamond Resorts bought the property.