It's Official--Kauai Coco Palms Rebuild Is Cancelled

On September 8, I posted an unconfirmed report that the owners of the Coco Palms
were canceling their plans to rebuild the famous Coco Palms Resort and putting
the property up for sale. That report was confirmed in the local Garden Island
newspaper today. The paper reported that the developer made the decision
partly as a result of the county rejection of plans for a full-scale fitness
center they were relying on to attract affluent buyers. For now, this
means the unsightly, Hurricane Iniki-damaged hulk of this former grandiose hotel
will remain an eyesore on the island. Developer plans to widen the highway
to alleviate the horrendous traffic jams leaving Kapaa are now gone as well
leaving local gridlock in place. Gone too is the plan to build a highway
overpass for pedestrians to safely reach the beach without crossing the
congested highway. I have heard no reaction yet from groups that had
opposed rebuilding the hotel. Some had expressed concern about the ability
to access ancestral grounds. A local politician, Sen. Gary Hoser, had wanted to
turn it into a state park at one time but the idea never moved forward.
The Garden Island Newspaper article is
HERE.

Richard Dolbeare
REALTOR-ASSOCIATE®
Accredited Buyer Representative &
e-PRO
Century 21 All Islands, the #1
brokerage on Kauai
(808) 651-4550
(866) 757-8239 (FAX)