Legacy Partners, AFL-CIO Building Investment Trust representatives, and other partners recently gathered to celebrate the development of Kaulana Mahina Apartments, a new 324-unit workforce housing community in Central Maui. The community expects to begin delivering homes in late summer 2023, with a lottery process opening in the months prior.
“This is the first major new workforce housing project on Maui to be started in decades,” says Kerry Nicholson, senior managing director, Legacy Partners. “Legacy Partners and the AFL-CIO Building Investment Trust are proud to be part of the solution to solving Maui’s chronic housing crisis. We need more of these projects throughout Hawaii.”
Kaulana Mahina will offer studios and one- to three-bedroom units. Residents of the professionally managed project will enjoy a gym, a pool, a yoga room, a resident lounge, a lawn area for a playground, and a dog park.
“Kaulana Mahina is a welcome addition to Maui’s range of housing options for our hardworking residents,” says Maui county mayor Michael Victorino. “It’s a top-notch development located close to jobs, schools, shopping, medical services, and everything that working families could want from an affordable rental project. Built by, and for, the people of Hawaii, this marks another important step toward improving the quality of life for our local people.”
The workforce housing project is in collaboration with the county of Maui, the mayor’s office and Maui County Council, as well as Hawaii Housing Finance Development Corp. Following section 2.96 of the Maui County Code, the development is 60% affordable and is a 201H affordable housing project.
Kaulana Mahina’s developer is BIT Wailuku, which is comprised of PNC Realty Investors, managing member Legacy Partners, Pacific Coast Capital Partners, Dowling Co., Pier Investments, and Schatz Collaborative. Moss & Associates, Clifford Planning & Architecture, Warren S. Unemori Engineering, and Group Pacific will serve as the construction and design team.
