Talk Story #45 – Exciting New Retail Growth Revealed For Ala Moana Shopping Center
Piikoi St.side of Ala Moana Center with Ala Wai Boat Harbor and Ala Moana Beach Park nearby
Recently, General Growth Properties Inc. announced the many modifications planned for Hawaii’s largest shopping mall. Located in between the city of Honolulu, the growing high rise residential community within Kaka’ako and all of the Waikiki tourism, Ala Moana is one of the highest grossing malls in the Nation.
New Growth at Ala Moana
Progress beckons and the desire to utilize a large portion of parking space, mostly unused during the majority of the year, became possible to redevelop when Sears, on its 340,000 sq. ft. site, declared they would be vacating around 2014. A stalwart anchor since the Mall opened in 1959, it will be missed, but when one door closes, another opens and this is exciting news!
The Piikoi Street side of the Mall, with its prime real estate value, can now be unlocked with proposed plans of new additional tiered levels which will open to more dynamite shops and restaurants, eventually totaling nearly 700,000 SF and substantially increasing revenue for this exciting world class center.
Let’s Talk Story!
As the changes continue in this superb area, I will continue to bring you more news with my future “Talk Story” time. The surrounding high rise residential condominium opportunities are all along this strip adjacent to the ocean; their particular lifestyle for enjoying relaxation, but also part of “where the action is.”
Evening time with a carnival happening in Magic Island Park
Contact me and let’s ‘Talk Story” with what you are looking for. Ala Moana Center is moving forward, how about you?