Remodeled Center to Become Maui’s First Outlet Mall
- Oct 08, 2012
In November, Honolulu Builders will begin work on the renovation of Lahaina Center on Maui. Called The Outlets of Maui, the project will include 10 existing buildings on 11 acres at 900 Front St. Upon completion, the remodeled center will become the island’s first outlet mall.
The Maui News reports that the project’s developers intend to turn around the center’s historically low occupancy rate and attract more shoppers. Currently, the complex is only 30 to 40 percent leased.
“We’re making the buildings a little more architecturally interesting, with different colors, more glass, and greening up the interior to make it more inviting,” Dan Shiraki, project superintendent for Honolulu Builders, told the newspaper. The Maui Planning Department recently approved the proposed remodeling plan, which seeks to preserve the district’s historic feel. The center’s tenant mix is expected to resemble the one at the Waikele Premium Outlets in West Oahu, currently the only outlet mall in Hawaii.
The Outlets of Maui is being financed by a group of local and mainland investors that signed a long-term land lease agreement with owner Weinberg Foundation Inc. The project is expected to be completed in 10 months and create approximately 50 jobs.
In other news, the Honolulu Department of Planning and Permitting has approved the final environmental impact statement for a $767 million mixed-use project developed by Robertson Properties Group on the site of the former Kamehameha Drive-in property in Aiea.
According to the Pacific Business News, the “Live, Work Play Aiea” development will include as many as 1,500 multifamily homes in five buildings, about 143,000 square feet of retail and restaurant space, and as much as 80,000 square feet of office space.
Construction is expected to create approximately 980 jobs during an estimated build-out period of 13 years, the company said in a news release.
Photo credits: www.to-hawaii.com