It didn’t take too long to find a buyer for the tiny island of Lanai. The sixth largest island in the Hawaiian archipelago is only 141 square miles in size. With only two major hotels on the island it employs a majority of the 3200 full time residents. Mainly former Dole pineapple workers who long ago lost employment when Dole Co. switched production overseas too the Philippines and Thailand.
He will be buying the island from Robert Murdoch who has owned the Lanai for quite a few years having developed the Manaele Bay Hotel and the Lodge at Koele. Murdoch did develop a small resort subdivision that catered to off island visitors who wanted to have a home on the Pineapple Island.
Governor Neil Abercrombie notified the residents of Hawaii yesterday in a statement. Stating that Ellison will buy 98 percent of the island for between 500 and 600 million dollars. All we can say is Welcome to Hawaii Larry.
What kind of development would you like to see on the Island of Lanai? We welcome your comments.