$18M renovation begins at Lahaina Cannery Mall
The Lahaina Cannery Mall has embarked on an $18 million renovation project that coincides with a Safeway expansion at the mall that will almost double the size of the supermarket, owners of the mall announced Tuesday.
The renovations, which will retain the character of the historic cannery, will update the building’s exterior by removing awnings and other outdated architectural features to create more welcoming mall entrances, the announcement from California-based U.S. Realty Partners said. The work also includes new paint and finishing and improved landscaping to improve pedestrian flow.
The renovation will not add more space to the 130,599-square-foot mall located on 15.6 acres at 1221 Honoapiilani Highway, said U.S. Realty, the managing partner of the ownership group.
Plans for the Safeway call for expanding the market from 37,650 to 64,500 square feet, which will not require structural changes or impact the mall’s footprint, U.S. Realty said. The larger Safeway will include an organic produce section, expanded deli services and new meat and fish counters.
The Safeway renovation is set to begin in June and is expected to take six months. A grand reopening is slated for June 2018.
The initial demolition on the mall has begun and the entire project is expected to be completed in the second quarter of 2018, U.S. Realty said. Current tenant ABC Stores will relocate to a larger renovated space next to its current position.
Another major tenant, Longs Drugs, whose lease was up this year, has extended its lease for 10 years, the mall owners said Tuesday.
The mall will remain open during the renovation, but there may be “minimal disruption periods” during the project, U.S. Realty said.
“We’re excited about the opportunity to revitalize Lahaina Cannery Mall so we can better serve locals and visitors alike,” said Jay Kerner, president of U.S. Realty. “We recognize that the mall has long served as a gathering place for area visitors and the West Maui community. The investment we’re making here is intended to maintain and even enhance that role.”
U.S. Realty Partners, a real estate investment company specializing in the acquisition, operation and renovation of retail properties in the western United States, was part of an ownership group that purchased the 30-year-old Lahaina Cannery Mall in June for $64.8 million, according to county property tax records. The mall was developed by Hawaii Omori and opened in 1987.
* Lee Imada can be reached at email@example.com.