Houle Financial Corporation, partial owner of Coldwell Banker Island Properties, has closed on the purchase of Kukui Mall in Kihei.
The corporation has also announced the return of a premium quality movie theatre to south Maui, Regency Kihei Luxury Cinemas.
According to officials, the theatre will be opening in mid-2018 with an all new premises and will feature electric recliner luxury seating with reserved seating, first run movies, and a premium customer movie experience.
Once completed, the theatre’s renovation will boast of fine finishes with an “island” theme, complimenting its locale.
The four auditoriums will have wall to wall screens with Christie Digital Projection and Dolby Digital Sound.
Houle Financial officials say the theatre will be more than just a movie theater and will offer special programming and events, extreme sports and surf films, community events, including live broadcasts of operas and ballets.