Waikiki’s premier shopping, dining and entertainment destination – known as the Royal Hawaiian Center – is up for sale. Landowner Kamehameha Schools made the announcement, which comes not too long after the completion of an extensive, multiyear renovation project.
The estate will still keep ownership of the underlying lands and does not plan to redevelop the area, according to a release. However, the land will be leased to whomever purchases the buildings.
What impact will this have on Waikiki visitors? Not a whole lot as of yet. Visitors will still be able to enjoy the more than 100 shops and restaurants that span across Kalakaua Avenue. This includes national and international brands, like Fendi, Hermes and Bulgari; however, if the new buyer decides to swap out businesses, that’s where changes will be experienced. Hopefully, if that happens, they’ll bring in more local businesses. I mean, really, who can afford to shop at those high-end places!
Kamehameha will still own and steward the lands of Helumoa; therefore, maintaining the Hawaiian historic and cultural importance of the place. We will keep you posted on the future of the Royal Hawaiian Center, so be sure to check back soon!
Posted by: Bruce Fisher