Pacific Business News: Whaler’s General Store among 11 new tenants in $16M Haleiwa redevelopment

Kamehameha Schools said Monday that it has named 11 tenants who will be part of its $16 million redevelopment of Haleiwa on Oahu’s North Shore, including Whaler’s General Store and fruit stand, T&C Surf, Fatboys, Rajanee Thai Cuisine (formerly Haleiwa Eats), Island Vintage Coffee, Kahala Sportswear, Mahina, Splash! Hawaii and Uncle Bo’s.

These tenants will be added to long-time existing tenants Matsumoto Shave Ice and Global Creations, which will remain open during construction. The redevelopment is expected to be completed in the fall of 2014.

“To perpetuate Haleiwa’s rich history and cherished culture, Kamehameha Schools approached this redevelopment with the rural community and culture in mind,” Kamehameha Schools’ Senior Land Asset Manager Kalani Fronda said in a statement. “We set out to attract family-owned businesses who could offer unique, affordable, friendly, fun and memorable offerings or services similar to Matsumoto Shave Ice.”

Open since 1951, Matsumoto’s location will be expanded to double its original size and will include an open lanai area that faces the main courtyard.

“We are excited to be working with Kamehameha Schools to achieve a wonderful and relaxing destination stop for our visitors to the North Shore as well as for our local residents,” Matsumoto’s owners Stanley and Noriko Matsumoto said in a joint statement. “We are looking forward to a new beginning and anticipate another 62 years of happy smiles and memories.”

Currently, 77 percent of the project has already been leased through leasing agent Colliers International Hawaii, Kamehameha Schools said.

Another batch of agreements is very close to execution and the last few spaces are being negotiated with multiple offers on the same space.

At final completion of leasing, the “Haleiwa Store Lots” will be comprised of approximately 55 percent retail tenants, 40 percent eateries and five percent office space.

Construction is expected to take 12 to 15 months with completion in time for the 2014 winter surf season, Kamehameha Schools said.

Upon completion, the project will feature reuse of five historic buildings, a central gathering place, public restrooms, 95 parking stalls at the rear of the project and walkways and landscaping that separate pedestrians from vehicles and assist drainage.

Haleiwa Store Lots is part of Kamehameha’s North Shore Plan, which was developed in 2008 with an extensive community planning process.

The plan identified seven “catalyst” projects and received the American Planning Association’s 2011 National Planning Excellence Award for Innovation in Sustaining Places. Kamehameha Schools has also implemented projects such as the restoration of Loko Ea fishpond, $12 million of agricultural water system improvements and renewable energy.

Posted in Merchants.