Thursday, March 28, 2024
Hawai'i Free Press

Current Articles | Archives

Thursday, March 24, 2011
Kapolei Shopping Center lease to generate $140M for DHHL
By News Release @ 11:42 AM :: 9130 Views :: Maui County, Education K-12, Energy, Environment

News Release from DHHL

KAPOLEI, HAWAII – The Hawaiian Homes Commission gave final approval to a general lease agreement allowing Hawaii DeBartolo LLC to develop 67 acres for the Ka Makana Ali‘i Center in East Kapolei. Under the agreed upon terms, Hawaii DeBartolo will pay more than $140 million in rent, over the course of 65 years, to DHHL for use of the land.

Ka Makana Ali‘i Center will be a 1.5 million-square-foot, mixed-use regional center located between Kapolei Parkway and Roosevelt Avenue, and will be surrounded by the new University of Hawaii – West Oahu campus; Kapolei Middle and High schools; and housing developments planned by the DHHL. The area will also be served by the city’s rail transit system.

“Moving this general lease forward will mean another source of funding to finance homesteading opportunities for our native Hawaiian beneficiaries well into the future, “ Hawaiian Homes Commission Chairman Albert “Alapaki” Nahale-a said. “We also see this project as an important and much-needed economic boost for the region and the state during a time when many continue to suffer economic hardships.

“With DHHL’s support for Ka Makana Ali‘i, we’re excited to see our vision for the people of West O‘ahu come to life,” said Edward Kobel, DeBartolo Development President and Chief Operating Officer. “Our goal for this project is to benefit not only the community and economy of West Oahu, but to also contribute to the efforts of the Department of Hawaiian Home Lands.”

Ka Makana Ali‘i Center will encompass a major department store; family entertainment complex; retail stores; restaurants; two hotels catering to kama‘aina; low-rise office buildings; a pedestrian plaza surrounded by outdoor cafes; underground parking; and a neighborhood commercial area with specialty market, drug stores, convenient shops and services designed to meet daily shopping needs of the community.

“As a long time resident of West O‘ahu, it’s exciting when a project comes to our community that  improves our quality of life. Ka Makana Ali‘i is such a project offering a complete shopping experience, job opportunities and a place for community to gather,” said Maeda Timson, Kapolei Neighborhood Board Chair.

“This is a golden opportunity for our beneficiaries,” said Paul Kaipo Pomaika‘i, Sr., Kânehili resident and President of the Kânehili Community Association Board. “We can find sustainable job options close to home, allowing room for economic growth in the area. The center will also provide a lease rent revenue base for Native Hawaiian Programs, and also fund vital infrastructure, so desperately needed, to perpetuate housing opportunities for Indigenous Hawaiians.”

Construction will be executed in phases over the next four years and will cost a projected total of more than $400 million. An estimated 21,000 construction jobs will be created, as well as over 7,000 new quality direct and indirect jobs in the businesses that move into the center.

Hawaii DeBartolo has selected Nordic PCL as the general contractor for the project.

---30---

Links

TEXT "follow HawaiiFreePress" to 40404

Register to Vote

2aHawaii

808 Silent Majority

Aloha Pregnancy Care Center

AntiPlanner

Antonio Gramsci Reading List

A Place for Women in Waipio

Ballotpedia Hawaii

Broken Trust

Build More Hawaiian Homes Working Group

Christian Homeschoolers of Hawaii

Cliff Slater's Second Opinion

DVids Hawaii

FIRE

Fix Oahu!

Frontline: The Fixers

Genetic Literacy Project

Grassroot Institute

Habele.org

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii ConCon Info

Hawaii Debt Clock

Hawaii Defense Foundation

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federalist Society

Hawaii Federation of Republican Women

Hawaii History Blog

Hawaii Homeschool Association

Hawaii Jihadi Trial

Hawaii Legal News

Hawaii Legal Short-Term Rental Alliance

Hawaii Matters

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Shippers Council

Hawaii Smokers Alliance

Hawaii State Data Lab

Hawaii Together

HIEC.Coop

HiFiCo

Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Moms for Liberty

Honolulu Navy League

Honolulu Traffic

House Minority Blog

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

Investigative Project on Terrorism

July 4 in Hawaii

Kakaako Cares

Keep Hawaii's Heroes

Land and Power in Hawaii

Legislative Committee Analysis Tool

Lessons in Firearm Education

Lingle Years

Managed Care Matters -- Hawaii

Malama Pregnancy Center of Maui

MentalIllnessPolicy.org

Military Home Educators' Network Oahu

Missile Defense Advocacy

MIS Veterans Hawaii

NAMI Hawaii

Natatorium.org

National Christian Foundation Hawaii

National Parents Org Hawaii

NFIB Hawaii News

No GMO Means No Aloha

Not Dead Yet, Hawaii

NRA-ILA Hawaii

Oahu Alternative Transport

Obookiah

OHA Lies

Opt Out Today

OurFutureHawaii.com

Patients Rights Council Hawaii

PEACE Hawaii

People vs Machine

Practical Policy Institute of Hawaii

Pritchett Cartoons

Pro-GMO Hawaii

P.U.E.O.

RailRipoff.com

Rental by Owner Awareness Assn

ReRoute the Rail

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

Robotics Organizing Committee

School Choice in Hawaii

SenatorFong.com

Sink the Jones Act

Statehood for Guam

Talking Tax

Tax Foundation of Hawaii

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

UCC Truths

US Tax Foundation Hawaii Info

VAREP Honolulu

Waagey.org

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii

Yes2TMT