A Successful Industry Leader on Hawaii
Meridian Pacific was recently featured in the August 2024 issue of Building Industry Hawaii Magazine. The issue detailed Meridian’s four major commercial, residential and mixed-use real estate developments in the state of Hawaii since 2021 – a combined value of approximately $300 million.
The magazine also highlighted Meridian Pacific owner and president Gary Pinkston, who spoke about the luxury builds on the rise on the island of Kauai:
Kaua‘i luxury hotel visitors are also part of the market for the island’s elite residential properties, says Gary Pinkston, principal owner and president of Meridian Pacific Ltd.
“Financial markets rebounded in 2023, which fueled a significant expansion of the global high-net-worth population,” says Pinkston, whose company develops luxury residential and commercial projects in Hawai‘i, California, Nevada and Texas. “This [has] contributed to the increased development and sales in Kaua‘i’s luxury real estate market.”
Gary Pinkston
Owner and President, Meridian Pacific
Luxury Builds on Kauai
Currently underway on Kaua‘i is Kauanoe o Kōloa, a 25-acre resort condominium project in Kōloa, with Meridian Pacific serving as both developer and general contractor.
The company broke ground this year and is now beginning vertical construction of 280 two-, three- and four-bedroom luxury residences. The $313 million project also includes two swimming pools, a clubhouse and fitness center, and will cover more than 1 million square feet when finished in 2028.
Meridian also expects to break ground in 2025 on two projects in Kukui‘ula, a luxury residential enclave on Kaua‘i’s south shore.
Kaupili at Kukui‘ula, slated to begin work in January 2025, is valued at $60 million and will build 12 luxury homes on 5.22 acres. It’s scheduled to wrap in June 2027. Kilolani Cottages at Kukui‘ula will start in April 2025, with 46 luxury homes valued at $207 million built on 15.64 acres by June 2028.