Edmund C. Olson Trust II Announces Its Acquisition of the Wainaku Executive Center in Hilo

Wainaku Executive Center, one of East Hawai‘i’s prime oceanfront properties, is under new ownership as of Monday, September 10, 2012.

The Edmund C. Olson Trust II, a company invested in sustainable agriculture, natural-resource conservation, community development, cultural legacy preservation, and renewable energy for Hawai‘i, will use its new asset to further economic and community interests. “We are thrilled with this acquisition,” says Ed Olson, President of the Trust. “Our Board envisions that under our stewardship this culturally and environmentally significant property will contribute to the well-being of Hilo and its surrounding communities as a vibrant anchor point.”

With expansive views of Hilo Bay, manicured grounds, and a black sand beach, located less than a mile north of Hilo‘s Singing Bridge, Wainaku Executive Center once served as headquarters for C. Brewer & Co., one of the oldest companies in Hawai‘i and part of a group that owned most of the sugarcane industry. C. Brewer & Co. formally dissolved in the mid-2000s. While the 12-acre Center was on the market, it graciously housed various tenants, including the University of Hawai‘i at Hilo’s College of Pharmacy. A 1.37-acre mauka parking lot with easy shuttle access is part of the property. The Trust’s plans for the Wainaku Executive Center include use of the grounds as a destination location for weddings, business meetings, and local events. After renovations, which will begin immediately, the beautifully designed 12,000-square-foot two-story building will also host an artist gallery. Art on display will include work by Edmund C. Olson Trust II staff artist Kathleen Kam, widely praised for her nature-inspired murals, and stone sculptor William P. McKnight, who trained with master Italian and Japanese sculptors. Additionally, the Center will offer rotational exhibit opportunities for other artists.

“We are dedicated to the thriving of Hawai‘i into the future, and the Trust already successfully engages or employs dozens of island residents, in the fields of agriculture, agri-tourism, conservation, and clean energy development,” says John Cross, land manager for Edmund C. Olson Trust II. “So it seemed relevant and important to secure a location that adds a celebratory component supportive of community-oriented business, tourism, art and initiative. We are going for it!”

About the Edmund C. Olson Trust: Stewarding nearly 16,000 acres of prime agricultural and conservation lands, of which 13,000 acres are in Ka‘ū, the Trust creates and oversees subsidiaries aligned with its vision to preserve Hawai‘i’s agricultural, cultural and environmental heritage. The Trust invests in sustainable agriculture supported by agri-tourism, managed natural-resource conservation, community, education, renewable energy and cultural legacy preservation. At its offices at the former Onomea Plantation Office in Pāpa‘ikou, the Trust preserves and makes available to the public rare historical maps and documents dating back to the early 1800s, to inform Hawai‘i’s future with its legacy.

Edmund C. Olson Trust II subsidiaries:

  • Hilo:     Edmund C. Olson Trust II Archive & Gallery; Hāmākua Macadamia Nut Company (Kawaihae); Hāmākua Orchards II LLC; Hilo Bay Tours; Island Nuts Trucking LLC; OK Farms LLC.
  • Ka‘ū:    Ka‘ū Coffee Mill; Ka‘ū Farms Management.
  • O‘ahu:  Gil-Olson Joint Venture; Palehua Ranch LLC.

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