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Kaneohe Ranch initiated a community planning process in 2004 for redeveloping properties with expiring leases. In 2004 the first phase of construction in Kailua town center included a new 30,000-square-foot (2,800 m 2 ) Longs Drugs store, 2,618 square feet (243.2 m 2 ) of retail frontage along Kailua Road, and a 427 stall, 3-story parking garage.
Geographic oblique, view southwesterly toward Kāneʻohe from MCB Hawaii as captured from NASA World Wind. Kaneohe or Kāneʻohe (Hawaiian pronunciation: [kaːneˈʔohe]) is a census-designated place (CDP) included in the City and County of Honolulu and in Hawaiʻi state District of Koʻolaupoko on the island of Oʻahu.
In 2006, it was purchased by Douglas Himmelfarb, a Hawaii art and furniture dealer, for $4.41 million. [4] During that time, much of the house was renovated and in 2010 was put up for sale at $9.9 million, then reduced to $8.5 million without finding a buyer.
Larry Ellison, Oracle's cofounder and former CEO, has an extensive real estate portfolio. His holdings include multiple homes in California, as well as 98% of the Hawaiian island of Lanai.
In 1917, he purchased almost 10,000 acres (40 km 2) of land on the windward side of the island of Oahu, in what was then the ahupuaʻa of Kailua, to establish his sprawling Kaneohe Ranch. [2] [3] In 1962, he set up the Harold K.L. Castle Foundation, which remains the largest private foundation based in Hawaiʻi. [2]
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