Bank of Hawaii to Move Ward Branch to Hokua at Ala Moana
- Oct 15, 2012
Bank of Hawaii has announced plans to relocate its Ward Plaza branch to the ground floor of the Hokua condominium at 1288 Ala Moana in Honolulu, about half a mile from its current location. Construction for the new offices should begin by the end of February 2013, with completion scheduled for mid-August. DKKY Architecture Studio will design the space.
“This is a great opportunity for the bank, since the visibility, accessibility and parking at Hokua are exceptional. It’s a perfect location, convenient for customers and near the heart of a lot of new development in Kakaako,” Kevin Sakamoto, executive vice president for the bank’s Hawaii Branch Division, commented in a statement.
The move will allow for a smooth transition of services, as the bank intends to close its current Ward branch at 210 Ward Ave. on a Friday and open at the new location the following Monday.
According to the Pacific Business News, the bank will take about half of the soon-to-be-vacated P.F. Chang’s China Bistro space. The restaurant will shut down after serving dinner on Dec. 9 and transfer all employees to its Waikiki location at Royal Hawaiian Center.
In regional news, Kauai County officials have announced the acquisition of two parcels of land in Lihue, to be used for the development of an 84-unit seniors affordable housing project. The county paid $2.3 million for the vacant lots, situated on the site of a former plantation camp known as “Rice Camp.”
“Facilitating affordable housing opportunities for our residents is one of our top priorities,” said Mayor Bernard Carvalho Jr.
The county’s next step will be to issue a request for proposals for the selection of the development team, which will be responsible for the design, financing, construction and management of the Rice Camp project. Funding assistance will be provided, along with a low-cost ground lease, officials said.
Photo credits: www.myhawaiicondo.com