Honolulu Star-Advertiser

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BusinessHawaii News

ERS might up its ante on Maui golf courses

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Managers of the pension fund for state employees are considering adding condos, a hotel, retail stores and restaurants at two Kaanapali golf courses owned by the fund, as a way to increase financial return on the assets.

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Condos, restaurant and beach club

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Hotel, 80,000 square feet retail

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Restaurant and bar

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100 to 200 condos