JLL chosen to manage DeBartolo Development’s Hawaii shopping mall

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JLL, formerly known as Jones Lang LaSalle, has been chosen to manage DeBartolo Development’s planned $500 million, 67-acre Ka Makana Alii shopping center in West Oahu, the Chicago-based commercial real estate firm said Monday.

 

Kirk Horiuchi, senior vice president and Hawaii Retail Market Lead for JLL (NYSE: JLL), is leading the team on the project, which will be built on land leased from the Department of Hawaiian Home Lands at the intersection of Kapolei and Kualakai parkways.

 

Upon completion, the 1.4-million-square-foot Ka Makana Alii will be the third-largest mall in Hawaii, behind Ala Moana Center and Pearlridge Center.

 

“The retail market is evolving daily and Ka Makana Alii will be far different than any other traditional mall by focusing on creating an experience for customers that will include live entertainment, unique shops and dining opportunities,” Horiuchi said in a statement. “As the first regional shopping center to be built on Oahu in 30 years, we are thrilled to team up with DeBartolo Development to provide pre-opening management services for this new ground-up development and to manage the center when its fully built.”

 

Ka Makana Alii will include more than 100 shopping, dining and entertainment retailers, a department store, two hotels and LEED-certified office space.

 

A traditional Hawaiian blessing was held at the site in January, and groundbreaking for the first phase is set to take place in late 2014 with a projected opening in 2016.

 

JLL Retail’s Hawaii property management portfolio includes 4.1-million-square-feet of shopping center space throughout the Islands, including Windward Mall, the Costco-anchored Hawaii Kai Towne Center and Kapalama Center on Oahu; Queen Kaahumanu Center on Maui and the Kings’ Shops on the Big Island.

 

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