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Local investment group has deal to purchase Coco Palms Resort

The developers plan to restore the property to how it looked prior to Hurricane Iniki

By Allison Schaefers

POSTED: 01:30 a.m. HST, Aug 09, 2013

~~<p>The long-shuttered Coco Palms Resort, once the playground of celebrities and the filming site for &quot;Blue Hawaii,&quot; starring Elvis Pres&shy;ley, soon could be restored to its pre-Hurricane Iniki glory days.</p>
<p>Coco Palms Hui LLC, a local investment group, has a deal to buy the circa-1953 resort, which closed in 1992 after destructive winds and water swept through the property. Developer Tyler Greene, who is a managing partner with Bridge Real Estate, said the hui applied and paid for a demolition permit Thursday and already has a team on-site cleaning up the property and putting up dust fences and security lighting.</p>
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The long-shuttered Coco Palms Resort, once the playground of celebrities and the filming site for "Blue Hawaii," starring Elvis Pres­ley, soon could be restored to its pre-Hurricane Iniki glory days.

Coco Palms Hui LLC, a local investment group, has a deal to buy the circa-1953 resort, which closed in 1992 after destructive winds and water swept through the property. Developer Tyler Greene, who is a managing partner with Bridge Real Estate, said the hui applied and paid for a demolition permit Thursday and already has a team on-site cleaning up the property and putting up dust fences and security lighting. Login for more...



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