DeBartolo's West Oahu mall adding Gap, Old Navy and Banana Republic
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- Duane Shimogawa
- Reporter- Pacific Business News
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Three Gap Inc. brands — Gap, Old Navy and Banana Republic — will join Macy's, H&M, Forever 21 and AT&T at DeBartolo Development's planned 1.4-million-square-foot, $500 million Ka Makana Alii shopping mall in West Oahu.
The mall, which will be anchored by Macy's, will be only the second shopping center in Hawaii to have the three Gap Inc. (NYSE: GPS) brands under one roof.
Old Navy is expected to occupy 12,500 square feet in its fourth Hawaii store location while Gap's fifth Hawaii store will be 7,200 square feet.
Banana Republic will open a 6,500-square-foot store, its sixth location in the state. These will be the first West Oahu locations for all three retailers.
"Gap Inc. is one of the most iconic retailers in the industry and to have three of its most popular brands coming to Ka Makana Alii is an indication of the strong demand that exists in West Oahu," Edward Kobel, president and chief operation officer at Florida-based DeBartolo Development, said in a statement. "We're excited to add Old Navy, Gap and Banana Republic to our growing roster of local, national and global retailers and look forward to starting preparations this month for construction on the center."
The first phase of the center, which includes more than 750,000-square-feet of retail, dining, entertainment and hotel space, is scheduled to open in 2016.
Earlier this week, the Florida-based developer said it had formally begun its 65-year lease with the Department of Hawaiian Home Lands for the 67-acre site in East Kapolei.
Grading and grubbing activities are slated to begin this month, with a formal construction start date to be announced soon.
Duane Shimogawa covers energy, real estate and economic development for Pacific Business News.
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