Hunt has executed a lease with DreamHouse `Ewa Beach, which hopes to open in its new Kalaeloa campus for the 2020-2021 academic year.
The DreamHouse site is located on Franklin D. Roosevelt Avenue, adjacent to Barbers Point Elementary School and Wakea Garden Apartments. The building encompasses over 7,000 square feet and previously served as the bachelor officer quarters’ mess hall at the former Naval Air Station Barbers Point.
Also joining Dreamhouse as new tenants, Hunt is pleased to welcome the following groups in the Kalaeloa Professional Center (KPC):
- Crossroads Behavior Health. The psychologists and psychiatrist in the counseling practice began offering clinical care July 8 in their newly leased 1,300 square feet of office space.
- St. Francis Healthcare System of Hawai`i will utilize 2,300 square feet of space to house the administrative offices for its hospice division starting in summer 2019.
Crossroads Behavior Health and St. Francis Healthcare System of Hawai`i join existing KPC tenants including Hawai`i State Federal Credit Union’s call center, Allstate Insurance, Tax Connection, Family Tree Project counseling, HI IQ Tutoring and the Warrior `Ohana Medical Home, a full-service primary care clinic providing medical services to military members, veterans and their families.
Hunt’s Kalaeloa commercial portfolio consists of four million square feet of gross leasable area. The diverse holdings include a mix of office, retail and industrial properties including KPC, which will undergo a significant interior upgrade over the next year.
Hunt is still in the early stages of developing its 550 acres in Kalaeloa into a thriving, multifaceted community. To date, the company has invested tens of millions of dollars to reinvigorate the area, attracting an exciting roster of tenants including the FBI regional headquarters, American Machinery, Coral Crater Adventure Park and Tamura’s Market. Businesses in Kalaeloa provide products and services that are revitalizing the community, creating over 500 jobs to date.
“These new tenants are not only increasing the numbers of permanent skilled positions in the area, but are making critical services like healthcare much more convenient for Kapolei residents,” explains Mike Lam, Senior Vice President at Hunt’s Hawai`i development division. Standard Commercial serves as Hunt’s representative for the commercial portfolio in Kalaeloa.
Hunt is comprised of a family of companies in the real estate and infrastructure markets. As a private, family-owned company, Hunt develops, invests, manages and finances assets at all stages to derive and deliver value. Founded in 1947, Hunt builds its reputation on integrity and performance. With a focus on excellence in corporate governance, Hunt is committed to a culture of transparency for employees, clients, investors and the communities it serves. Hunt has been active in Hawai`i for more than two decades, and has long been recognized for innovative renovation of underutilized military properties, and commitment to creating master-planned communities that complement the cultural and geographical riches of the Hawaiian Islands.