Former Downtown Honolulu Walmart Is Sold
The former Walmart building on South King Street in downtown Honolulu has been sold to local developer Christine Camp. An Avalon Development subsidiary recently closed the deal, purchasing the 87,000-square-foot space and its accompanying parking structure with 454 stalls for a cool $38.25 million.
This news comes after years of speculation about the building's future, following Walmart's closure. While initial rumors suggested another large retailer might take its place, Avalon's purchase indicates a different path forward.
Details on Avalon's plans for the property remain under wraps, but the developer has a history of successful projects in Honolulu, known for focusing on mixed-use developments.
A few blocks away Camp is hard at work on the recently announced MODEA, the transformed former Davis Pacific Center now slated for 352 residential condos by late 2025.
The future use of this prime downtown location is sure to spark conversation and interest among residents and businesses alike. With Avalon's track record and the ongoing revitalization efforts in downtown Honolulu, one thing's for certain: the former Walmart building is poised for an exciting transformation.
Categories
- All Blogs 100
- Activities 5
- Affordable Housing 31
- Affordable Rentals 5
- Agent Appreciation 1
- Agents 6
- Ala Moana 5
- ANNOUNCEMENTS 30
- Buyer's Agent 21
- Coming Soon 12
- Commercial Real Estate 2
- Community 19
- Company Events 1
- Condos 43
- Condotel 1
- Consumers 2
- Dining 3
- Downtown 4
- Family 5
- First-time Buyer 23
- Holidays 4
- Homeowners 27
- Ililani 3
- Investor 29
- Kakaako 29
- Kalae 4
- Kuilei Place 3
- Launiu 4
- Lending 2
- Listing Agent 3
- Luxury Condos 12
- MidTown Ala Moana 11
- MODEA 1
- Monthly Market Update 13
- Mortgages 3
- Neighborhood 33
- New Condos 23
- New Construction 43
- New Listing 4
- Open House 4
- Park On Keeaumoku 4
- Pet Friendly 6
- Price Reduction 2
- Real Estate 45
- Reserved Housing 12
- Residential Real Estate 32
- Retail 3
- Single Family 10
- Special Occasion 4
- Tax Benefits 5
- The Flats At Ala Moana 1
- Townhouse 7
- Ulana 3
- VA Approved 4
- Vacation Rental 1
- Waikiki 4
- Ward Village 19
- Workforce Housing 8
Recent Posts