Quantcast

Thursday, July 31, 2014         

 Print   Email   Comment | View 0 Comments   Most Popular   Save   Post   Retweet

New Lowe's store in Iwilei to finally open

The state's fourth outlet, near rivals Home Depot and City Mill, will employ 125

By Andrew Gomes

POSTED:



It's been delayed for close to three years, but the opening of a Lowe's home-improvement store in Iwilei will finally happen on Thursday.

LOWE DOWN

>> Opening: Thursday, 5 a.m.
>> Grand opening ceremony: April 28
>> Special promotion: Lowe’s will match Iwilei store gift card purchases up to $5,000 on April 28 with contributions to Honolulu Habitat for Humanity.

The 117,000-square-foot store with an adjacent 31,500-square-foot garden center along Nimitz Highway and Pacific Street is scheduled to open at 5 a.m.

The Iwilei store also is positioned for extremely close competition with Home Depot and City Mill, which are within a few hundred feet of each other.

Originally, Lowe's Companies Inc. confirmed plans for the store in 2005, and anticipated an opening in 2008. But unspecified issues pushed back the timetable.

"This one has been a long time in the making, but we are excited to see this store come to fruition," said Lowe's spokeswoman Chris Ahearn.

The store will be the fourth in Hawaii and second on Oahu for Lowe's, which operates stores in Kahului, Kona and Waikele. Lowe's said the new store will employ about 125 people.

Industry analysts have noted that it's not unusual for Lowe's, the world's second-largest home-improvement retailer, and its bigger rival Home Depot to develop stores adjacent to each other or smaller competitors on the mainland.

Mooresville, N.C.-based Lowe's has about 1,725 stores in the United States, Canada and Mexico. The company entered Hawaii in 1999 with its purchase of Eagle Hardware & Garden, which operated stores in Waikele and Kahului. Lowe's opened a third store in Kona in 2003.

The retailer bought the roughly 14-acre Iwilei property in March 2005 for $35 million, according to property records.

The site previously was primarily used for fuel storage tanks, a petroleum truck filling station and warehouse operations by ConocoPhillips.






 Print   Email   Comment | View 0 Comments   Most Popular   Save   Post   Retweet

COMMENTS
(0)
You must be subscribed to participate in discussions
By participating in online discussions you acknowledge that you have agreed to the TERMS OF SERVICE. An insightful discussion of ideas and viewpoints is encouraged, but comments must be civil and in good taste, with no personal attacks. Because only subscribers are allowed to comment, we have your personal information and are able to contact you. If your comments are inappropriate, you may receive a warning, and if you persist with such comments you may be banned from posting. To report comments that you believe do not follow our guidelines, email commentfeedback@staradvertiser.com.
Leave a comment

Please login to leave a comment.
IN OTHER NEWS
Latest News/Updates
Blogs
Warrior Beat
Pre-camp notes

The Green Leaf
Marine debris art

Political Radar
`Toss up’

Political Radar
Super

Political Radar
Hilton; Plaza Club