Ala Moana Center's retail parking levels, which are currently being reconstructed as part of the Honolulu mall's $573 million redevelopment, should be completed by November 2015.
By Duane Shimogawa, Pacific Business News
Ala Moana Center's retail parking levels, which are currently being reconstructed as part of the Honolulu mall's $573 million redevelopment of a former Sears space, should be completed by November 2015, coinciding with the opening of the Ewa wing's retail expansion, according to a senior director of development for mall owner General Growth Properties.
Francisco Gutierrez of Chicago-based General Growth Properties (NYSE: GGP) recently gave an update to the Ala Moana/Kakaako Neighborhood Board regarding the state's largest mall's renovations and expansion.
He noted that the planned condominium project on the makai side of the center from Piikoi Street to Neiman Marcus would be about 100 feet tall, which is under the current height limit, and would not require special permits.
Construction on the $300 million, 215-unit "Park Lane Ala Moana" project, which is being developed by The MacNaughton Group, Kobayashi Group, BlackSand Capital and landowner General Growth, is expected to begin mid-2014 and completed by late 2016. The project, which has an address of 1488 Ala Moana Blvd., includes multiple low-rise towers atop the mall's parking deck, was first reported by PBN.