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It’s one of the most iconic shopping destinations in Hawaii.
The Waikiki International Marketplace is due for a major renovation planned for the spring of 2016.
The Queen Emma Land Company is moving ahead with plans to renovate the six-acre property that will feature 360,000-square-feet for approximately 60 stores and restaurants as well as a parking garage with approximately 750 parking spaces.
A three-level Saks Fifth Avenue will also set-up shop there.
The landowner wants to keep the large banyan tree and incorporate it into the design.
The project will create about 1,000 construction jobs and 2,500 permanent jobs.
Construction could start by the end of next year.
Related story: Saks Fifth Avenue store coming to Waikiki