Ka Wai Ola - Office of Hawaiian Affairs, Volume 33, Number 9, 1 September 2016 — Kona Village Resort to reopen [ARTICLE]

Kona Village Resort to reopen

A new ground lease agreement is paving the way for the Kona Village Resort to reopen on Hawai'i Island, potentially by summer of 2019. An agreement with Kamehameha Schools allows Kennedy Wilson to restore and enhanee the 81.4 acre property in a way that retains the site as a low density ieonie destination. Walter Thoemmes, Kamehameha Schools' managing director of commercial real estate, said of the agreement: "Kona Village will provide mueh needed jobs for the West Hawai'i Region and will perpetuate Native Hawaiian identity through its rich cultural history. We are excited to have a project partner that maintains the vision."