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Ala Moana Center owner General Growth spends $391.5M on Sears redevelopment project

2015-01-29 02:15:24| Apparel - Topix.net

Ala Moana Center owner General Growth Properties Inc. has spent $391.5 million so far on its redevelopment of a former Sears space at Hawaii's largest shopping mall, which will add some 340,000 square feet of new retail space, according to a public filing on Wednesday. Chicago-based General Growth said in its 2014 earnings report that the $573.2 million project is expected to be finished by the fourth quarter of this year.

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