The late Hiroshi Kobayashi, who led Honolulu Warehouse, redeveloped a warehouse built in 1968 into Moanalua Ethnic Village in 1998 and operated the anchor tenant until closing 99 Ranch Market in 2007. If the sale is realized, more than 30 tenants would be displaced and a site that initially gathered retailers of Asian products in an industrial neighborhood drawing good consumer foot traffic would be turned into a fourth Oahu store for Home Depot. into a 124,310- square-foot store connected to a 10,000-square-foot garden center, according to the plan.Īn adjacent two-story office building is also part of the tentative deal. Honolulu Warehouse Co., which owns the marketplace buildings, intends to sell its property to Home Depot, which would convert the main building at 1151 Mapunapuna St. The owner of what was once known as Moanalua Ethnic Village, originally anchored by Asian grocery store 99 Ranch Market, is working to convey its leasehold stake in the complex to the giant home improvement retailer in a move to end a financial struggle brought on by the coronavirus pandemic. An Oahu retail complex developed as an Asian shopping mall nearly 25 years ago in Mapunapuna is slated to become a Home Depot store.
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