Billionaire's Long-delayed Development Inching Forward

Palamanui Global Holdings LLC, formed by Hunt Development and billionaire Charles R. Schwab, the developer of a long-delayed master-planned community on the Big Island’s Kona Coast, is still working through some issues including water matters and a traffic study, the developer confirmed to Pacific Business News. Steve Colon, president of development for Hunt Cos.’ Hawaii Division, which is developing the project along with Schwab, told PBN that it really can’t get going with the 725-acre project…

 

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