HONOLULU (HawaiiNewsNow) - The newest occupant of Waterfront Plaza isn’t a restaurant or bank – it’s Hawaii Pacific University.
HPU is the new leaseholder of 120,000 square feet of space in downtown Honolulu making it the largest private occupant of real estate in the urban core.
The addition of the Waterfront and Pioneer plazas to the HPU campus Tuesday will bring the university’s total lease ownership up to 350,000 square feet.
John Y. Gotanda, president of the university, said securing these new facilities is “a monumental step in fulfilling HPU’s vision of a world-class urban campus.”
The university will relocate the Hawaii Loa campus, Lower and Upper Bishop, Kukui Plaza and most of Upper Fort Street to the new digs, which is anchored by its Aloha Tower Marketplace facility.
This move also impacts HPU’s plan to relocate its College of Natural and Computational Sciences and College of Health and Society, which would bring a combined 1,000 students and faculty from the windward side to downtown.
“As one of the largest leaseholders in downtown, HPU draws thousands of students and faculty members into the neighborhood,” said Steve Metter, CEO and principal of MW Group, Ltd. “By diversifying use and driving economic activity, HPU will greatly influence the commercial and residential future of downtown Honolulu.”
The university plans to begin moving in as early as July 2019 and expects to complete the move by May 2020.