CPB begins construction on its new state of the art Kahului branch

The CPB team broke ground on the new Kahului Branch project. Additional photos and renderings can be found by clicking here. Photo courtesy: Central Pacific Bank

KAHULUI, HI (June 6, 2023) – Central Pacific Bank (CPB) has broken ground on its new state of the art Kahului Branch on Maui. In a ceremony held over the weekend CPB executives were joined by Kahu Kealahou Alika and members of the design and construction teams to bless the property and celebrate the multimillion-dollar investment that will infuse dozens of new jobs and resources into the local economy.

“We are thrilled to begin work on this new building that will bring our team together to better serve our customers in the future. It is designed to redefine banking with the latest conveniences and design. We envision it as a gathering place for local community groups, connecting people and also providing them with a place to do their banking quickly and conveniently,” said Central Pacific Bank President and CEO Arnold Martines. “This branch investment is a reflection of our commitment to serve our customers throughout the Maui community.”

“We are grateful to work on this flagship project and thank Central Pacific Bank for its vision to create a new and modern space that will produce thought provoking work and connections,” said Next Design Principal Karen Sakamoto, who produced the designs for the new CPB Kahului Branch. “The inspiration for the project design came from the scenery around Kahului with finishes selected to represent coral stone accents reflecting from Kahului Bay and the art and tile patterns will symbolize the Puu One of Kalua also known as the Sand Dunes.”

Once completed, the nearly 10,000 square foot two story building will be the workplace for  approximately 31 CPB employees with the branch and Wealth Management and Home Loans offices. There will be a drive through ATM for added convenience.

The lobby, named Tidepools, will feature food and beverage vendors with plenty of table seating to enjoy the natural light and calm setting. CPB has commissioned two Maui artists to bring beauty and a sense of place to the facility. Noble Richardson will work on the exterior and Melissa Rigney will grace the interior. There will also be a Wi-Fi connected conference room available for use by reservation to anyone in the public making it an ideal spot for people to conduct community and business meetings.

CPB prioritized environmental and sustainability improvements into the design and construction including:

• Photovoltaic system that will save more than 64,000 kilowatt hours of electricity annually
• Storm water retention system with a 1,658 cubic foot tank to collect runoff water
• The parking lot will funnel storm water to landscaped areas
• Ecofriendly and recycled interior finishes
• 2 EV charging stations in the parking lot
• Fully supported backup generator to power the building in the event of a power outage

The new Kahului Branch, located at 145 Ho‘okele Street, is anticipated to open in summer 2024. The current Kahului branch at 85 West Kaahumanu Avenue, which is less than two miles from the new site, will remain open until the new branch officially opens to the public.

Photos from the groundbreaking event held on Saturday, June 3, 2023, along with renderings of the project, can be found by clicking here. Please photo courtesy “Central Pacific Bank” if any of the images are used.

The new CPB Kahului Branch is a commitment to serve the Maui community. Additional photos and renderings can be found by clicking here. Photo courtesy: Central Pacific Bank

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About Central Pacific Bank

Central Pacific Financial Corp. is a Hawaii-based bank holding company with approximately $7.52 billion in assets as of March 31, 2023. Central Pacific Bank, its primary subsidiary, operates 27 branches and 61 ATMs in the state of Hawaii. Central Pacific Financial Corp. is traded on the New York Stock Exchange (NYSE) under the symbol "CPF." For additional information, please visit: cpb.bank