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In 1961, Kaiser-Aetna entered into a lease agreement with the land owner, the Bernice Pauahi Bishop Estate, to develop the 521 acre (2.11 km 2) fishpond into residential tracts with a marina and channels separated by fingers of land and islands upon which house lots and commercial properties would be laid out and developed. [1]
Kapalua Land Company, Ltd. (KLC) operates the Kapalua Resort of 1,650 acres (6.7 km 2), along with the development and sale of real estate on the resort. KLC was established in 1975 and manages resort holdings of over 800 residences, homesites and condominiums, golf courses, tennis courts, a spa, retail and pro shops.
The company currently operates businesses in real estate, land operations, and materials and construction. It was also the last "Big Five" company to cultivate sugarcane. As of 2020, it remains one of the State of Hawaii's largest private landowners, owning over 28,000 acres (11,000 ha) and operating 36 income properties in the state. [3]
Kailua-Kona is an unincorporated community and census-designated place (CDP) in Hawaii County, Hawaii, United States.It's most commonly referred to simply as Kona (a name it shares with the district to which it belongs), but also as Kona Town, and occasionally as Kailua (a name it shares with a community on the windward side of Oʻahu), thus its less frequent use.
At its peak, it owned 60,000 acres (24,000 ha) of land, was a dominant sugar company in Hawaii, and was the founder of one of its best known department store chains, Liberty House. It ended with the completion of a bankruptcy proceeding in 2005, with a small successor company, Kaanapali Land, LLC ( OTC Pink : KANP ), owning 5,000 acres (2,000 ...
Hawaii Route 11 passes through the community, leading northeast 76 miles (122 km) to Hilo and northwest 46 miles (74 km) to Kailua-Kona. According to the United States Census Bureau, the CDP has a total area of 36.8 square miles (95.3 km 2), all of it land. [2] The area is prone to earthquakes. [7]
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