Developer plans private resort in Princeville - Hawaii News Now - KGMB and KHNL

Developer plans private resort in Princeville

LIHUE, Hawaii (AP) - A Hawaii developer plans to build a private resort on Kauai's North Shore that will have its own airport.

The 8,000-acre site in Princeville will have its own polo and beach clubs, golf course, nature trails and 350 housing units.

The Resort Group founder Jeff Stone told The Garden Island newspaper the idea is to create a private community where the members will pay to be great stewards of the land.

He says The Resort Group and an investment firm owned by a Thai-Chinese businessman will spend at least $500 million on the project.

The resort will be managed by Discovery Land Company, which operates 17 private projects, including Montana's exclusive Yellowstone Club ski resort. It also operates Makena on Maui and Kukio on the Big Island.

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