New Hekili St. Spot Readies For Commerce
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Del.icio.usAfter years of bouncing and swerving along still-unfinished Kailua streets and watching countless businesses rise and fall in the area, a smooth patch in the road to redevelopment has surfaced at 151 Hekili St.
The two-story retail and office building is at the corner of Hekili and Hahani streets, directly across from Safeway and Don Quijote. The property will house a total of 11 businesses, restaurants and offices, with six on the 10,000-square-foot ground floor and five on the second floor’s remaining 9,000 square feet. The building is set back from the streets by 15 feet, allowing for a smoother flow of pedestrian traffic, tropical landscaping and outdoor café-style dining. The site also has a small parking area in back and is a short walk from the 427-stall covered parking structure.
Kaneohe Ranch vice president for leasing and development Kimo Steinwascher said he is ready to see the finished product. “We should have the entire property 100 percent leased in 60 days,” he said.
Businesses already committed include Boots & Kimo’s Homestyle Kitchen, Orange Tree Frozen Yogurt, Old Republic Title and Escrow, Pacific Housing Advisors, Enpro Environmental, Windward Community Federal Credit Union and Super Cuts. Several others are in the works and, at press time, two properties remained open for lease.
Since Kaneohe Ranch is only responsible for the construction of the building itself, grand openings for each tenant will vary based on individual interior and exterior design and efficiency completion. The already popular Boots & Kimo’s, for example, hopes to open by Oct. 1, if not sooner.
“We build the shell, and they (the tenants) do the rest,” Steinwascher said. “They make it their own.”
Kaneohe Ranch’s community planning process began in 2004, at a time when commercial ground leases were beginning to expire at an increasing rate. The idea was to initiate an outline for the redevelopment of properties that had surpassed their lease expiration dates, as well as their economic ones.
For more information about the project, call 263-8900; for leasing details, call 263-8906.
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