Shopping Center Announces New Tenant, Secures Management
Macy’s recently signed on as an anchor tenant for Ka Makana Alii, a Kapolei shopping hub that is scheduled to break ground later this year. The store will occupy 103,000 square feet at the center.
“Ka Makana Alii will be the shopping, dining and entertainment destination for West Oahu, and having Macy’s as our anchor tenant, with its proud heritage in the Islands, will be a great benefit for this growing region,” stated Edward Kobel, president and COO of DeBartolo Development. He noted that demand for space has been brisk, with more than 80 percent either leased or in active negotiations. “We are confident that the addition of Macy’s will only heighten interest from local and national retailers.”
“West Oahu is a vibrant marketplace for residents, tourists and military families, and Macy’s will be the first fashion department store in this area,” added Peter Sachse, Macy’s chief stores officer. (Pearlridge Center also has a Macy’s store.) “It will be a great place for us to serve customers with a tailored merchandise assortment and shopping experience that meets the needs of Hawaii’s residents and visitors. We look forward to being part of this very special community.”
Ka Makana Alii will go up on 67 acres of land between the Kapolei and Kualakai parkways. The land is owned by the state Department of Hawaiian Home Lands, which is leasing it to DeBartolo. The lease income will support needs of Native Hawaiian communities.
The center will have more than 100 stores, restaurants and entertainment venues when completed, as well as two hotels and office space.
DeBartolo Development recently awarded a contract to JLL Retail to manage the property, and the center is expected to open in 2016. For updates, visit kamakanaalii.com.