Transactions - MAY 22, 2017

Haseko to add $300m mixed-use complex to Hawaii resort

by Released

Haseko Development has plans for a $300 million major expansion to its resort on the island of Oahu in Hawaii. The project, located on Haseko’s Hoakalei Resort property, will be known as Wai Kai at Hoakalei.

The expansion will have 215,000-square-feet of retail space featuring more than 110 retail establishments, including nearly two dozen restaurants and cafes and a collection of distinctive shops and entertainment venues overlooking the resort’s 52-acre recreational lagoon.

Seven major restaurants, a 10,000-square-foot specialty market, and a 15,000-square-foot health club and spa are planned as anchors for the retail development. Entertainment, recreational offerings and other attractions are also in the early planning stages.

The retail plan combines a variety of architectural styles in a garden-like environment, influenced by the local culture and the site’s unique geography at the water’s edge.

Once complete, Wai Kai will be the centerpiece of Haseko’s Hoakalei Resort, which includes the 18-hole Ernie Els–designed golf course at Hoakalei Country Club, up to 950 visitor accommodation units and more than 2,200 resort residences.


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