HONOLULU (KHON2) — Maunakea Tower, a 32-story affordable housing structure in Chinatown, has completed its renovation, according to Komohale Maunakea Venture LP. The tower serves over 600 residents, with over 400 of these residents being kūpuna.
The reopening of the newly remodeled structure was celebrated with a blessing and community resource fair on April 7, where Komohale Services invited 12 agencies to the building to provide assistance to residents looking to access social services such as food access, senior transportation and more.
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“The preservation of Maunakea Tower is an investment in housing that puts people first,” Gov. Josh Green said. “This project reflects the kind of leadership and collaboration we need to address Hawaiʻi’s housing crisis–combining federal support, private development and local action to deliver real results.”
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Maunakea Tower was first realized in 1977, with it being purchased in May 2023 and seeing a $35 million renovation. The purchase returned the tower to local hands and allowed the housing to be both renewed and affordable. The $105 million purchase was made with private activity bonds from the City and County of Honolulu, which was the first purchase of this kind in over two decades.
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Units enjoy new finishes, accessibility improvements and repairs. The renovation was finished ahead of schedule.
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