Hawaii Business magazine honored Kamehameha Schools with the Developer of the Year Award at its recent Top 100 Realtors Gala held at the Royal Hawaiian Resort.
Since 2007, Hawaii Business has celebrated the best in Hawaiʻi real estate through the awards gala. Developer of the Year awardees are selected for their distinguished work, and also recognized for their commitment to elevating communities and shaping Hawaiʻi’s future.
“Kamehameha Schools is not your traditional developer,” said Walter Thoemmes, Kamehameha Schools Commercial Real Estate managing director. “Education is first, and we develop for a cause, our mission. Our projects provide an environment for our keiki to live, work, and contribute to the community for a thriving lāhui. Winning Developer of the Year is an honor and KS will continue to steward its resources for a better Hawai‘i.”
Hawaii Business first began awarding Developer of the Year in 2014 and chooses its honorees through suggestions from readers, sponsors, and other industry affiliates. The award seeks to honor those who show distinguished service to the industry and positive impact in the community. Kamehameha Schools was chosen for using its 1,500-acre commercial real estate portfolio to improve community conditions for Native Hawaiians.
“It was my privilege to present this year’s Hawaii Business Developer of the Year award to Kamehameha Schools,” said Steve Petranik, editor of Hawaii Business magazine. “We all know that revenue generated from Kamehameha Schools’ real estate and other investments are used to educate Hawaiian children. But its mission is also to honor Native Hawaiian culture and identity in the stewardship of its real estate assets. And the trust works to ensure that the development and management of its commercial properties provide economic benefits and a healthy environment for the entire community. That’s why Kamehameha Schools is well deserving of this award.”
Past recipients of the award include; D.R. Horton (2014), Stanford Carr Development, LLC (2015), Castle & Cooke Homes Hawaii, Inc. (2016).
Images provided by Hawaii Business from the event can be found here.