New life for South Kohala development

  • Aerial view of The Villages of Aina Lea. (Image from Plan of Reorganization of Aina Lea/Special to West Hawaii Today)
  • Aerial view of Lulana Gardens with The Villages of Aina Lea. (Image from Plan of Reorganization of Aina Lea/Special to West Hawaii Today)

  • A sign is posted at the entrance to The Villages of Aina Lea, also called The Town of Aina Lea, in South Kohala. (Laura Ruminski/West Hawaii Today)

  • Aina Lea affordable townhomes in South Kohala are seen Feb. 26, 2010. (Laura Ruminski/West Hawaii Today)

KAILUA-KONA — Aina Lea Inc. expects to emerge from bankruptcy next month following a judge’s tentative approval of a plan that will make viable the continued development of The Villages of Aina Lea.