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Waikoloa Subcommittee's Second Access Road Report <br />The 130,000 -square -foot $40 million shopping center will encompass 19 square acres, with 35 <br />retail stores filling spaces ranging from 800 to 35,000 square feet. <br />Eighty-five percent of Waikoloa Plaza has been leased with tenants including Aloha Petroleum, <br />Ace Hardware, Foodland, Fitness Forever, Family Health and Wellness, CrossFit AllStar, and <br />dining outlets such as Balimo's Pizza, Chef TK, L&L Hawaiian BBQ, Strato's New York <br />Pizzeria, SushHi and Bodhi Tree Juicery. The developer is also in talks with Nail Salon, Island <br />Holistic Healing, Verizon, Longs Drugs, Maui Taco's, Dunkin' Donuts, Denny's, The UPS Store <br />and McDonald's, among others. <br />The RED circle on the map above is at the intersection of Waikoloa Road and Paniolo <br />Avenuenue. The VPO (Vehicle Per Day) is16,600, accoRoading to the Plaza's Prospectus. <br />A proposed 150 -room hotel is another unique aspect that Meridian Pacific Owner Gary Pinkston <br />hopes to add to the shopping center. The decision for a hotel was also based on the seat count <br />into the Big Island being up from 600,000 five years ago to 1.3 million in 2018. At the same <br />time, the Hilton and others have taken 700 guestrooms out of service for condos. <br />April 30, 2019, Meridian Pacific broke ground at the site. This site, zoned for commercial <br />development has been a long-awaited improvement to the area, and is welcomed by most. This <br />heightens the infrastructure needs in Waikoloa. Community members express concerns that the <br />shopping center will exacerbate traffic issues on the only road and at the major intersection. <br />June 18, 2019 Page 8 017 <br />