Upscale Outlets Planned For Kapolei Commons Center
By MidWeek Staff
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Kapolei Commons will expand in the next few years to include approximately 260,000 square feet of additional retail and entertain-ment/dining space, thanks to the partnership between the center owner/developer MK Kapolei Commons, LLC and California-based development firm Craig Realty Group.
The new joint venture will build upon the existing 300,000-square-foot center with a collection of local and nationally branded shopping outlets, restaurants and a Regal Cinemas movie theater.
“Outlets are becoming a much more mainstream shopping experience and are starting to blend the look and feel of more traditional malls with the basic outlet concept of value pricing,” said Duncan MacNaughton, chairman of The MacNaughton Group, which owns MK Kapolei with Kobayashi Group.
“We’re very excited about the new jobs that will be created both immediately and for the long term in Hawaii,” added Bert Kobayashi, Kobayashi Group senior adviser. He expects the expansion will create more than 750 construction jobs and 350 retail jobs, in addition to 700 long-term positions in the Kapolei community.
The outlet expansion is currently in leasing and design. Construction is expected to being in early 2011, with initial store openings set for late 2011 or early 2012.
“The Outlets at Kapolei Commons will be a great contribution to the second city of Kapolei,” said Craig Realty Group managing partner Steve Craig. “We look forward to creating an unmatched shopping experience for West Oahu residents and travelers.”
Phase I of Kapolei Commons opened in March 2009 with Target, Sports Authority, Petco and OfficeMax. Ross Dress for Less, Price Busters/Let’s Party Hawaii, Salon Bobbi & Guy, Genki Sushi, Aloha Salads, Menchie’s Frozen Yogurt, Subway, Royal Nails, World Trade Jewelry and Verizon Wireless have since joined the lineup of tenants.
Construction of a series of 40,000-square-foot free-standing buildings fronting Kapolei Parkway also has begun and will be completed this year.
Bank of Hawaii, Vitamin Shop and Denny’s will occupy the space.
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