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The Honolulu Advertiser

Updated at 12:37 p.m., Monday, November 13, 2006

Moloka'i Ranch to renovate Kaluakoi for $30 million

Advertiser Staff

Moloka'i Properties, Ltd., which does business as Moloka'i Ranch, said it wants to undertake a $30 million renovation and reopen the 152-room Kaluakoi Hotel and upgrade its 18-hole golf course.

The company said it had filed a special management area permit application as the first step toward restoring and opening the hotel, which was closed in 2001 by its former owner. Since then the property was sold to new owners, and the resort's Ted Robinson-designed golf course was reopened in 2004.

The re-start of hotel operations are part of a master plan for Moloka'i Ranch. The company wants to sell residential lots at Moloka'i's La'au Point to finance the renovation. An application is pending with the state Land Use Commission for that project.

Moloka'i Ranch said more than 100 jobs would be created under its plans.