Friday, 20 November 2015

AINA LE'A, INC. CLOSES ON PURCHASE OF ADDITIONAL ACREAGE

KOHALA, Hawaii, Nov 20 (Bernama-GLOBE NEWSWIRE) -- Aina Le'a, Inc. ("Aina Le'a" or the "Company") announced today that it closed on the remaining 1011 acres of urban zoned property in the heart of the Gold Coast Resort area of the Island of Hawaii. The Company is developing a community on this property, which it is calling "The Villages of Aina Le'a" (the "Community"). The Villages of Aina Le'a is zoned for 1,945 luxury residential homes, 384 affordable townhomes, one golf course, walking trails and parks, as well as medical and commercial centers. Over the next eight to ten years the Company expects to work with luxury home builders to build and sell over $3 billion of homes into the local and international housing markets.

http://mrem.bernama.com/viewsm.php?idm=25770

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