Investors plan Coco Palms resort restoration

WAILUA, Hawaii (AP) - Oahu-based investors are preparing to revive a Hawaii resort made famous by Elvis Presley.

The Garden Island reports Oahu-based investors have obtained demolition permits for work at the Coco Palms Resort on Kauai.

Chad Waters of the newly formed Coco Palms Hui LLC says he and other investors want to rebuild the property as a 2014 version of the original Coco Palms, a venue for the 1961 Presley movie "Blue Hawaii."

The property was damaged in 1992 by Hurricane Iniki and shut down.

Waters says that if everything goes well, construction could begin early next year.

An ordinance approved after the hurricane allows for restoration of non-conforming structures to their condition before the storm.

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