June 22, 2012 at 5:04 PM HST - Updated June 27 at 3:50 AM
HONOLULU (AP) - A dramatic expansion is planned for the space Sears will vacate in Hawaii's largest shopping mall.
Ala Moana Center's owner is doubling the retail space at the west end where Sears is currently located. General Growth Properties, Inc. is investing $500 million to buy back the lease from Sears, which has been a familiar fixture at the Honolulu shopping center since the mall opened in 1959.
A site plan obtained by the Honolulu Star-Advertiser (http://bit.ly/KRKoup ) includes a three-level tenant and a new fourth-level parking deck.
With nearly 300 stores and restaurants, Ala Moana is 1 of the highest-grossing malls in the nation and is the end point for a planned rail line.
The expansion is expected to attract new mainland retailers such as Kohl's, Bloomingdale's and H&M.
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