Turtle Bay land draws buyers

Oahu's controversial Turtle Bay Resort is attracting multiple parties interested in acquiring part of the 850-acre North Shore resort, according to a member of an advisory group commissioned by Gov. Linda Lingle.

"Papers were put on the table by potential buyers," said Steve Metter, head of a subcommittee responsible for acquisition options.

Meanwhile, a financial consultant hired by the state says that any buyer would need at least some further development, possibly outside of the existing hotel's footprint, in order to recoup money that would be required to maintain the resort.

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