WAIMEA, HAWAI'I
Parker Ranch
Advising the owners of an historic 250,000-acre ranch in need of management to diversify the use of its land assets to produce consistent earnings and protecting the ranch’s exceptional natural setting.
WAIMEA, HAWAI'I
Parker Ranch
Advising the owners of an historic 250,000-acre ranch in need of managment to diversify the use of its land assets to produce consistent earnings and protecting the ranch’s exceptional natural setting.
“Building the vision for a 250,000 acre ranch.”
PARKER RANCH, WAIMEA, HAWAI'I
Strategies:
- Leverage Parker Ranch’s vast size as the driver of the region’s identity.
- Assemble a team to guide ways to keep the ranch intact, direct future activities, and steward natural and cultural resources.
- Identify land conservation strategies that allow the transfer of specific land rights to select properties while retaining control over the land.
- Identify parcels for immediate sale that would not compromise the overall integrity of the ranch and its distinctive role in Waimea.
- Identify strategic partnerships that create opportunities to monetize assets at relatively low levels of risk.
Outcomes:
- Established a clear vision for the small-town, ranch setting that will guide future decisions.
- Near-term value unlocked by the sale of non-core properties and the transfer of specific land rights, including the sale of conservation easements.
- Sophisticated agricultural and leading ranching practices that continued Parker Ranch’s on-going stewardship.
- Implemented development standards to bolster the Parker Ranch reputation.
- Established the platform for consistent earnings for the Trust and its beneficiaries.