Bill > SR196

This resolution urges the Department of Hawaiian Home Lands (DHHL), which owns the property at Prince Kuhio Plaza in Hilo, Hawaii, to take action against its current lessee, Ho Retail Properties I, Ltd., due to poor property maintenance. The resolution highlights that the plaza, the largest enclosed mall on Hawaii's island, has significantly deteriorated under the current management, with persistent structural issues, multiple store vacancies, and declining conditions that negatively impact local businesses and economic stability. By calling for DHHL to repeal, revoke, or buy out the remainder of the current lease and resell it at fair market value to a new entity committed to proper maintenance, the resolution aims to restore the plaza's status as a vital commercial and economic hub. The ultimate goal is to ensure the property's long-term viability, protect the economic interests of local residents, and support DHHL's mission of managing assets for the benefit of Native Hawaiian beneficiaries. The resolution will be transmitted to the Chairperson of the Hawaiian Homes Commission for further action.

Government Affairs

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SR&billnumber=196&year=2025