By Cam Tran
4:18 PM HST Aug 09, 2013
HONOLULU —Finally, a sign of hope for the future of the Coco Palms resort on Kauai. Twenty years after it was destroyed by Hurricane Iniki, local investors have stepped up to buy and renovate the Wailua resort.
"We hope that Coco Palms becomes the true place of aloha that it was prior to Hurricane Iniki," said Tyler Greene, developer for Coco Palms Hui LLC.
Coco Palms site manager: "This is the greatest thing I've heard in forever"
Greene says he wants to restore the property to what it looked like before the hurricane hit.
"There's quite a bit to do. It's a full renovation job," said Greene. "We'll be peeling the buildings back to the studs, but all the structures that exist today will stay as they are."
The investors' plan to renovate is an aggressive one.
Immediately after getting their demolition permit this week, crews are already clearing the overgrown brush and trees which have taken over the resort and reconstruction will begin in 2014.
The new buyers are going to reduce the number of rooms from 400 to 350 but will make the rooms larger.
Plans also include renovating the restaurants and restoring the popular lagoon.
"It is our hope to have things like weddings and luaus and cultural events there," said Greene. "We just want it to be a welcoming grounds for residents of Kauai as well as visitors from all around the world."
source: http://www.kitv.com - KITV News