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Turtle Bay deal looks promising


POSTED: 01:30 a.m. HST, Dec 23, 2013

~~<p>We sure hope that Turtle Bay Resort is bluffing with its claim that $40 million isn't enough for a conservation easement that would protect Kawela Bay and Kahuku Point from being overrun by development. The state's proposal seems like more than a fair bargain that keeps title to the land with the resort, allows two new hotels to rise elsewhere on the property and avoids the condemnation option still available should this plan fall through.</p>
<p>Gov. Neil Abercrombie's $1.8 billion supplemental budget proposal to the Legislature includes a request for $40 million in general obligation bonds to conserve more than three miles of unspoiled, accessible shoreline around the resort, which faces major community opposition to its plan to significantly expand what is already the largest hotel operation on the North Shore.</p>
~~

We sure hope that Turtle Bay Resort is bluffing with its claim that $40 million isn't enough for a conservation easement that would protect Kawela Bay and Kahuku Point from being overrun by development. The state's proposal seems like more than a fair bargain that keeps title to the land with the resort, allows two new hotels to rise elsewhere on the property and avoids the condemnation option still available should this plan fall through.

Gov. Neil Abercrombie's $1.8 billion supplemental budget proposal to the Legislature includes a request for $40 million in general obligation bonds to conserve more than three miles of unspoiled, accessible shoreline around the resort, which faces major community opposition to its plan to significantly expand what is already the largest hotel operation on the North Shore. Login for more...



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