Kona Commons Phase 1 opened late 2008. Phase 1 is anchored by Petco, OfficeMax, Ross Dress for Less and 30,000 sf of small shop space. Target opened July 26, 2009 and Phase 2, which fronts Target features McDonald's, AT&T and Bank of Hawaii opened 2012. On the highway. This project is on the corner of Queen K Highway and Makala Blvd. just as you enter Kailua-Kona.