Retired local bank executive Don Horner has a second Oahu commercial real estate development project in the works.

Horner, former CEO of First Hawaiian Bank, announced plans Tuesday for a medical office building within the Ocean Pointe subdivision in Ewa.

The project comes on the heels of a nearly finished Denny’s restaurant in Waikiki that was Horner’s initial real estate development foray through a family partnership called Malu Investments LLC.

Malu recently bought a 1-acre site in Ocean Pointe for $1.5 million for the new project.

The property surrounded by townhouses at the intersection of Kapolei Parkway and Keoneula Boulevard is zoned for community business uses and was sold to Horner’s company by local businessman Fred Lau, who owns the Mililani-based landscape and produce farm Mari’s Gardens.

Horner said he will share his vision for the site at a 7 p.m. community meeting at Keoneula Elementary School on July 10 and at an Ewa Neighborhood Board meeting scheduled for July 12.

The single-story medical office building is designed with about 15,000 square feet of leaseable space and about 50 parking stalls for three prospective tenants.

“We have received strong interest due to the limited supply of medical facilities within this growing area,” Horner said. “We are excited to become a member of the vibrant Ewa community.”

If plans progress smoothly, Horner anticipates being able to start construction early next year and have tenants open by the end of next year.