The Bratton Team

WAILUA — The Utah private-equity company that has taken over the ruins of the former Coco Palms Resort in Wailua says it is moving ahead with plans to rebuild the property as a hotel and can meet an Aug. 31 county deadline to submit 26 different building permit applications.

At the same time, Stillwater Equity Partners, which took over Coco Palms after the Coco Palms Hui investment group defaulted on more than $22 million in financing, says it is working with the Kauai Police Department to control drug dealing and other illegal activity on the property that has thrived as the abandoned hotel sits vacant along Kuhio Highway.  Click here for the full article