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HONOLULU — Turtle Bay Resort is agreeing to protect more than 660 acres of land on Oahu’s North Shore in a deal reached with the state, county and a nonprofit organization.
The resort will continue to own and use the land. But it and future owners will be bound by conservation easement restrictions.
Gov. Neil Abercrombie Thursday said the state will put up $40 million toward the deal. The city will provide $5 million. The Trust for Public Land will supply $3.5 million.
Turtle Bay Resort retains rights to develop two new hotel sites near the existing hotel and one resort residential site.
The resort says the agreement covers nearly 80 percent of the open space it owns on the ocean side of Kamehameha Highway.