Geolabs, Inc.
Kapolei Harborside Redevelopment
Photo Courtesy: G70 Design
Location:
Kapolei Harborside​
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Client:
James Campbell Co.​
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Markets:
Utilities
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Photo Courtesy: The Business Journals
Geolabs is at the center of Oahu's West Side utilities redevelopment. The Kamaaina company that built Kapolei from scratch is developing more of Oahu's West Side in a very big way. "James Campbell Co. is currently building approximately $30 million of critical infrastructure at its Kapolei Harborside development, an approximately 360-acre industrial park located near the Kalaeloa Barbers Point Harbor," says Peter Phillips, Project & Construction manager, Kapolei Properties Division, James Campbell Co. LLC.
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The project is being built in four phases. New infrastructure includes wastewater systems, drainage, roadway and electrical improvements, and will service Harborside's first phase of approximately 72 acres. That's plenty of work for Hawaii contractors in 2023. And there's plenty of power nearby to back it up. Kapolei Energy Storage, a 185MW Plus Power battery storage project currently underway by Moss & Associates, is " scheduled to wrap in March and is scheduled to wrap in March and is "the first stand-alone, largest battery-storage project in the state," says Josh Meyers, Moss vice president of energy in Hawaii. But for many would-be Harborside builders, there's a catch. "Oahu's industrial vacancy rate [is] anticipated to drop below 1% in 2023," says Robert Kelley, vice president at Avalon Development Co. LLC. "There is currently almost no fee-simple industrial warehouse space under construction, leaving local businesses stunted in growth or forced to choose from existing inventory that is often functionally obsolete." Avalon is moving quickly. "Currently, Avalon is developing Coral Creek Center at Gentry Business Park-Ew and The Crossing at Kapolei Business Park West," Kelley says.
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Combined the two sites will create over 430,000 square feet of industrial space for West Oahu. “Coral Creek Center offers IMX-zoned mixed-use industrial condominiums ranging from approximately 1,100 square feet, up to approximately 111,000 square feet of contiguous space," Kelley says. "The Crossing offers I-2 zoned industrial condominiums at the prime corner of Kalaeloa Boulevard and Lauwiliwili Street, ranging from approximately 1,000 square feet to approximately 59,000 square feet of contiguous space. Both are slated to break ground in 2023 and for delivery in 2024-2025. Harborside's developer is also eyeing this market: "The James Campbell Co. is designing an approximately 100,000-square-foot industrial spec building for lease," Phillips says.
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