Discovery Land Co, which was in charge of managing the $500 million redevelopment of 1,103 acres of the Princeville at Hanalei resort on Kauai’s North Shore, as well as the Prince Golf Course earlier this year, will no longer be in charge of the project.
Last year, the land was acquired by a partnership between Honolulu-based The Resort Group and China-based Reignwood International for $343 million.
The resort’s plan includes 350 residential units, a possible boutique hotel, a newly-upgraded Prince Golf Course, the focal point of the project, as well as a spa, wellness center, polo fields, equestrian course, an airport, beach club, hiking trails, mountain biking and ocean adventure activities.
Discovery Land Co stated to PBN, "We remain committed to the sustainable, environmentally-focused development of this uniquely beautiful location, and we expect to maintain nearly all of the local employment positions associated with the project.”