Expansion planned for Honolulu Sears mall space
HONOLULU (AP) — A dramatic expansion is planned for the space Sears will vacate in Hawaii’s largest shopping mall.
Ala Moana Center’s owner is doubling the retail space at the west end where Sears is currently located. General Growth Properties, Inc. is investing $500 million to buy back the lease from Sears, which has been a familiar fixture at the Honolulu shopping center since the mall opened in 1959.
A site plan includes a three-level tenant and a new fourth-level parking deck.
With nearly 300 stores and restaurants, Ala Moana is one of the highest-grossing malls in the nation and is the end point for a planned rail line.
The expansion is expected to attract new mainland retailers such as Kohl’s, Bloomingdale’s and H&M.