Wednesday, January 17, 2001
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Posted on: Wednesday, January 17, 2001

Business briefs

Advertiser Staff and News Services

Leisure lines’ parent moving

American Classic Voyages Co. began construction yesterday on its new corporate headquarters in South Florida.

The parent company of Hawaii’s interisland leisure lines, American Hawaii Cruises and United States Lines, expects to move its New Orleans- and Chicago-based staff into the new quarters in Sunrise, Fla., by the end of the year, said company spokeswoman Linda Mizuno.

The roughly 35 people in the Hawaii offices will remain here, she said.

A $4.2 million economic incentive package from the state of Florida, Broward County and the city of Sunrise persuaded American Classic to relocate, the company said in a statement.

The company will be the lead tenant in a six-story, 240,000-square-foot building to be erected in Sunrise’s Sawgrass Commerce Center.

Kohala Coast parcel for sale

An 866-acre parcel of residential land in the Waik¯loa area of the Big Island is on the market for $25 million.

The land was bought by developer Bill Mills and Japan-based partners in 1990 for $37.7 million. Mills said it was never developed into homes after financing fell through.

Mills took over the property from the partners four years ago for an undisclosed price and held on to it as an investment. He said this is the right time to sell.

The parcel is near the Four Seasons Resort Hualalai in the Big Island’s upscale Kohala Coast resort community.

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