DPL presents Elan's $220M lease proposal for Marianas Resort renovations

The Northern Marianas Commonwealth Legislature convened on March 25, 2025, to discuss a significant proposed lease agreement with Marianas Elan for the redevelopment of the former Marianas Resort. This lease, which encompasses both the hotel and golf course properties, is poised to bring substantial economic benefits to the community.

The proposed lease covers an expansive area of approximately 1.4 million square meters in Marpi, with a 40-year term and the possibility of a 15-year extension. Under the agreement, Elan plans to invest around $220 million over 15 years for extensive renovations and improvements, including upgrades to the hotel, golf course, and the creation of a cultural center and shopping mall. This investment is expected to enhance the Northern Mariana Islands' appeal as a tourist destination, potentially leading to job creation and increased tax revenues.

In addition to the financial investment, the lease includes commitments to public benefits totaling over $4 million. These benefits will support local employment and management training programs, infrastructure projects, and the development of community facilities such as a lifelong education center and improvements to recreational areas.

The discussions highlighted the lengthy negotiation process between Elan and the Department of Public Lands (DPL), which has been ongoing since the request for proposals was issued in 2020. The lease agreement has been deemed compliant with DPL regulations, and officials expressed optimism about the positive impact this project will have on the local economy.

As the legislature prepares to vote on the lease, community members are encouraged to consider the potential long-term benefits of this redevelopment project, which aims to foster economic stability and recovery in the Northern Mariana Islands.