Confidence shows in new building
The opening of the new Safeway store in Wailuku Friday marks just another show of confidence in Maui’s economy.
Safeway will be the anchor in the new Maui Lani Shopping Center across from Baldwin High School. It is just the latest iteration of the build-out of the Maui Lani retail sector, following the already completed Longs Drug Store and Marmac Ace Hardware.
In addition to the other shops that will join Safeway in the Maui Lani Shopping Center, projects are already underway in other parts of Maui Lani for a new Walgreens and a new Foodland store.
And, of course, Maui Lani is not the only part of Central Maui that will show significant commercial building in the next couple of years. The shopping centers and industrial park planned in Kahului near Walmart and Home Depot represent enormous investments.
That development, of course, will include Maui’s first Target store, scheduled to open in the first half of 2015.
All of the investment represents a determination by a lot of companies that Maui’s economy has regained solid footing. Economists say that business confidence is key to growth.
By that measure, Maui looks to be in good shape for several years to come.
* Editorials reflect the opinion of the publisher.