When Michaels Development Company purchased Kuhio Park Terrace, in Honolulu, Hawaii, in 2009, it was known as a place of blight and crime. Mention the name, and even the bravest folks would not visit. The physical condition of the two 16-story towers, built in 1965, reflected 45 years of deferred maintenance resulting in a lawsuit against the state for handicap inaccessibility. Residents could not rely on elevators. At this time, 98% of residents are Pacific Islanders, with 42% identifying as persons with a disability and unable to climb stairs. High rises were seen as failed experiments and were torn down across the nation; however, with Honolulu’s high-cost housing market—a Department of Housing and Urban Development Difficult Development Area—these Towers could not be replaced for the $135 million renovation costs. Concurrent with the renovation, Michaels Management Company and its strategic partner, Better Tomorrows, met with residents to get acquainted, recertify households, and learn their needs. Now, each tower has its own management team. An existing 23,200 square feet was converted into 11 resident services rooms where community partners provide computer training, financial literacy, parenting classes, emergency food aid, children’s programs, employment programs, educational programs, a library and a federally qualified health center with screenings, treatments, check-ups, palliative care, and support groups for patients with chronic diseases. A fitness center, two enhanced laundry facilities, a community hall, and a community garden were also added. In all, more than $54 million in improvements were completed. The transformation from a failing housing property into a financially viable, sustainable, mixed-income community has dramatically enhanced the lives of the residents and the surrounding neighborhood.

Award Year

2022