HONOLULU -- The
Royal Hawaiian Shopping Center, in the heart of Waikiki, has begun
an $84 million renovation in hopes of "taking a lead role in the
overall renewal of Waikiki," said Susan Todani, director of
investments for Kamehameha Schools, which owns the
center renovation joins Outrigger's expansive -- and expensive --
Beach Walk redevelopment as major renewal projects under way in
Waikiki. Outrigger CEO and President David Carey has vowed that the
Beach Walk will "breathe new life into an important section of
At the Royal
Hawaiian Shopping Center, plans are to upgrade the existing center,
which spans three blocks, and bring in a mix of new lifestyle
stores, upscale shops and dining and entertainment
windows, lanais and better access to shops and restaurants are
slated to open up the cement edifice that blocks Kalakaua Avenue
from the waters of Waikiki. Palm trees, shrubs and other foliage
will dress up widened sidewalks.
Cafes will have
"an open-air, European boulevard feel," according to a
representative. New stone flooring, lighting and furnishings will
be installed throughout all indoor public areas. The existing
fourth-floor Aloha Showroom will be converted into a modern
facility that will showcase a Roy Tokujo production, a
yet-to-be-named history of Waikiki performed in the style of Maui's
popular "Ulalena" show.
and construction project is expected to be completed before the end
of 2006. It is estimated that investments from new and existing
tenants will double the total investment to $160
Bulgari, Hermes and Ferragamo, all of which already operate retail
stores in the center, will open larger flagship stores in the new
open its first Hawaii location with a 2,000-square-foot retail
store. Kate Spade will also open a handbag and accessories shop in
A Senor Frog's
Mexican restaurant will open at the shopping center, and additional
eateries will be announced in the coming months.
foreign-currency exchange booth will be installed as well as a
packing and shipping store. Multilingual concierges will be on hand
to help foreigners navigate through the center, both during and
Outrigger Beach Walk project, set to open in 2007, and the Royal
Hawaiian Shopping Center project are now under way, a third
development, a $100 million renovation of the International Market
Place and surrounding area, has met a snag.
Plans for the
project are being reviewed, sources said, although the building
already is boarded up in preparation for a renovation. Sources
confirmed construction has stopped. Currently more of a low-end,
outdoor bazaar for tourists, it is uncertain whether there are
enough funds for a total rebuild.
redevelopment, scheduled to be completed in 2007, calls for a
low-rise complex that will include retail stores, an entertainment
amphitheater, cultural venues and open-sided restaurants and shops
in a garden-like atmosphere.
Market Place's banyan tree will continue to be the centerpiece. A
lack of parking in the area will be ameliorated by an underground
facility with at least 320 slots.
Market Place is owned by the Queen Emma Foundation, which also owns
14 other acres in Waikiki, several of which are close by. The
foundation retained Washington-based Madison Marquette, a
specialist in the development and marketing of shopping
The $480 million
Beach Walk, the Royal Hawaiian Shopping Center and the proposed
International Market Place upgrade will have similar design themes:
a pedestrian-friendly environment, a centerpiece that will serve as
a gathering place and forum for Hawaiian cultural activities, new
lifestyle stores and multiple restaurants.
At the Beach
Walk, the centerpiece will be a 100,000-square-foot retail,
entertainment and restaurant plaza with water features, tropical
foliage and vintage Waikiki architecture.
Each of the
developments is aimed at bringing back the flavor of old
"It is no
accident that the Royal Hawaiian Shopping Center, the Outrigger
Beach Walk project and the International Marketplace are taking
similar approaches to their new design themes," said Rick Egged,
president of the Waikiki Improvement Association, of which all
three entities are members. "I have been meeting with each of them
for about six years. We share a common thread."
according to Egged, is the concern among property owners in
Waikiki, where the value of real estate is high, that there is an
immediate need to enhance the area in order to maximize the return
on their investments. "Some dramatic improvements needed to be made
if we were to continue riding this boom Hawaii has been seeing of
late," Egged said.
reporter Brian Berusch, send e-mail to [email protected].