Hawaii developer Stanford Carr will develop a $300 million golf resort community with a four-star hotel on the site of the former Makaha Resort for landowner Pacific Links International as part of a joint venture that aims to create some 500 jobs for residents of the Leeward Oahu, Hawaii community.
The resort master plan for the property, which was acquired by Pacific Links last year through foreclosure, was developed with members of the community, Pacific Links and Honolulu-based Stanford Carr Development said in a joint statement released on New Year’s Day.
The Makaha Valley resort property was initially developed by the late Hawaii financier Chinn Ho in the late 1960s, and was managed by Sheraton until 1999.
“As the last of four master-planned destination resort communities on the Island of Oahu, Mākaha Valley has an incredible opportunity to retain its rugged beauty while providing a welcoming and eco-friendly environment for residents and visitors,” Carr, president of Stanford Carr Development, said in the statement. “We look forward to continuing to work with the community to create a neighborhood that everyone is proud to call home.”