Prince Kuhio Plaza Explained

Prince Kūhiō Plaza
Location:Hilo, Hawaii
Address:111 East Puainako Street
Opening Date:[1]
Manager:Brookfield Properties
Owner:Brookfield Properties
Number Of Stores:65
Number Of Anchors:5 (1 vacant)
Floor Area:495277square feet
Floors:1
Footnotes:[2]

Prince Kūhiō Plaza is a single-level regional shopping mall in Hilo, Hawaii. It is the largest enclosed mall on the Island of Hawaii. Anchor stores are two Macy's stores, TJ Maxx, and Petco. Other major tenants include a 9-screen movie theatre and Longs Drugs.[3] Sears was an anchor of the plaza until closing in 2021.

The mall is named for Prince Jonah Kuhio Kalanianaole, who served as Congressional Delegate from 1903 to 1922.

History

In September 1977, the Department of Hawaiian Home Lands offered to lease 39acres of land at the intersection of Pūʻāinakō Street and Kanoelehua Avenue (part of the Hawaii Belt Road) for development into retail space, which had been lacking in the area. Orchid Isle Group, the sole bidder for the property, signed a 53-year lease on October 28, 1977.

The mall opened in 1985.[1]

On August 5, 2002, General Growth acquired the 50% interest in the mall that was owned by Homart Development Company, bringing its ownership in the mall to 100%.[4]

In 2001, Macy's acquired the Liberty House store at the mall, followed by JCPenney two years later for the men's, children's, and home store.[5]

In 2004, the owner of the shopping center was sued by Longs Drugs for allowing a Safeway to be constructed at the mall.[6]

In 2013, First Hawaiian Bank opened a branch at the mall.[7]

In 2015, Old Navy and Pier 1 Imports opened stores in the mall.[8]

On January 29, 2021, it was announced that Sears would be closing as part of a plan to close 23 stores nationwide. The store closed on April 18, 2021.[9] [10]

External links

19.6972°N -155.0633°W

Notes and References

  1. News: Hilo shopping center to get theaters . Frellie . Campos . . October 25, 1998.
  2. Web site: Prince Kūhiō Plaza . Brookfield Properties.
  3. News: Wallace Theaters acquires Consolidated in Hilo . . April 27, 1998.
  4. Web site: Form 8-K/A . U.S. Securities and Exchange Commission.
  5. News: Macy's acquires former J.C. Penney site at Hilo Plaza Plaza . . February 7, 2003.
  6. News: Longs sues Hilo center landlord over Safeway pharmacy . Rod . Thompson . . January 21, 2004.
  7. News: First Hawaiian Bank to open new Hilo branch at Prince Kuhio Plaza . Stephanie . Silverstein . . October 23, 2013.
  8. News: Hawaii's retail real estate market draws several national tenants, new report says . Duane . Shimogawa . . July 2, 2015.
  9. Web site: Sears closing Pearlridge Center, Hilo stores. 3 February 2021.
  10. Web site: Sears and Kmart closing more stores. Is your location closing in 2021? See the updated closure list.