English Looks Forward to Bright Future for Lana’i
By Wendy Osher
Many in Maui County are eager to learn more about the billionaire buying the Hawaiian Island of Lana’i.
The purchase plans of Oracle CEO and co-founder Larry Ellison were made public yesterday.
Today, Sen. J. Kalani English, who represents the district that includes Lana’i (and also represented Lana‘i as a Councilman from 1997- 2000), released a statement saying:
“To the people of Lana‘i this transfer of ownership is much more than a business transaction. It is the livelihood of a community and of an island. As such it remains imperative that cultural and conservational values be maintained.”
After speaking with a personal representative of Ellison’s, Sen. English was encouraged, saying:
“I feel that he shares this same belief. And I look forward to meeting with him in the future, so that I can develop a better understanding of his vision. It is my hope that this new ownership is one which works with the community to foster a healthy and vibrant Lana‘i.”
The planned sale was made public in a transfer application filed with the Public Utilities Commission on Wednesday; but the transaction is still subject to final government approval.
Castle & Cooke, Inc., privately held by David H. Murdock, announced the planned sale of its Lana‘i assets to an entity privately- owned by Lawrence J. Ellison.
Castle & Cooke has owned nearly 98% of the island since 1985, building and maintaining various operations including: the Four Seasons Resorts Lana‘i; the Lodge at Ko‘ele; the Four Seasons Resorts Lana‘i at Manele Bay; two championship golf courses – The Experience at Ko‘ele, and The Challenge at Manele; and La Ola, a photovoltaic solar farm.
Sen. English shared his appreciation to Murdock for his efforts in sustaining the island over the years, saying that, “he hopes the community will see a bright future under its new ownership.”