The Makena Beach & Golf Resort, located on Maui’s southern coast, will close July 1, according to a statement released by the property’s owners March 29.

The resort’s 385 employees, many of whom have been working at the 310-room property for more than 20 years, will all be laid off.

“This is heartbreaking news for the loyal employees at Makena Beach & Golf Resort,” George Szigeti, the president and CEO of the Hawaii Tourism Authority (HTA), said in a statement. “HTA is committed to supporting programs that help the 385 employees being laid off to find new jobs.”

The owners of the 1,800-acre Makena Resort, ATC Makena Holdings, are planning a $300 million redevelopment of the property, which will include private residences and a private club around the existing golf courses.

Development plans for a new 100-room luxury boutique resort hotel are also discussed on the website.

Meanwhile, the Makena Beach & Golf Resort is “working with neighboring hotels and travel partners to relocate any reservations booked for July 1st and beyond,” according to officials.

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