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As part of the deal, Molokai Properties Ltd. would concurrently build 1,100 affordable homes for island residents. The proposal also specified that 51,000 acres of the Ranch's land would be placed permanently in a community land trust for either "conservation or agriculture". |
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Additionally, Molokai Properties promised to reopen the shuttered Kaluakoi Hotel, with the idea that service-related jobs would be created for local citizens. |
