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Abercrombie pushing for land preservation deal with Turtle Bay

By Derrick DePledge

POSTED:
LAST UPDATED: 01:31 p.m. HST, Jan 08, 2014


Gov. Neil Abercrombie said today that his administration is committed to reaching a land preservation agreement with Turtle Bay Resort this year.

The governor has asked state lawmakers for $40 million in general obligation bond money for a conservation easement that would be used to protect 610 acres near Kawela Bay and Kahuku Point from development.

The state Senate Judiciary and Labor Committee and the Senate Water and Land Committee held an informational briefing today to hear an update on negotiations.

The state and Turtle Bay are in talks over price. The state's appraisal is between $31 million and $38 million, according to the state Department of Land and Natural Resources, while the resort's figure is higher, mostly due to fixed infrastructure costs that are being worked out with the city.

The state is waiting to hear from the resort's developers -- likely in February -- on a reduced infrastructure plan that reflects lesser development because of the land conservation. A land preservation agreement could prevent the development of 750 homes. The resort, however, could still move forward with two new oceanfront hotels.






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Kuokoa wrote:
Too late to preserve land after the haole came here to Hawaii and messed it all up.
on January 8,2014 | 12:08PM
Maneki_Neko wrote:
For land valued between $31 and $38 million, the governor wants to spend $40 million. Sounds like we are facing another typical State transaction.
on January 8,2014 | 01:30PM
Squidy wrote:
This is a great opportunity for the State to preserve a key region of Oahu from the urbanization that the expanded resort would have caused. That property should never have been zoned for resort development in the first place and was done so only as a result of short sighted land use planning and probably some political insider deals. To pay $40 million is a good investment for future generations and tens of million dollars less than what Linda Lingle had in mind when she suggested buying the land in fee simple back in 2009..
on January 8,2014 | 01:49PM
serious wrote:
She was intending to buy the whole ball of wax, not this parcel. But, what's the State doing this? Isn't this Honolulu city/county country???
on January 8,2014 | 02:08PM
northshoreboy wrote:
This is a much better better deal than the $200-300 million estimated in 2006 and as late as 2011. North Shore is a critical part of Oahu's green image and environmental tourism economy (the future of tourism). The people need to keep Turtle Bay's feet to the fire (it aint over til its over). Do not forget about the other major developers Kamehameha Schools (450 houses in Haleiwa Town/Kawailoa) and Envision Laie (900 houses in Malaekahana). Fight the good fight local people!
on January 8,2014 | 01:54PM
Mythman wrote:
Or, an even better plan and funny the gov doesn't mention it even though he was briefed on it: the entire property is sold to the native Hawaiian and used to generate the revenues needed for native Hawaiian housing expenses. No new subdivision. Why would we want a Canadian time share company to control this property when a native Hawaiian company is ready to step up and preserve it and keep the money home for a purpose it is needed for. Something is wrong with this picture? Is Neil Sen Hee's campaign manager now?
on January 8,2014 | 04:55PM
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