In December 2003, the federal government sold most of the building to the state of Hawaii for US$32.5 million, upon which the building was renamed in honor of King David Kalākaua — last king of the Hawaiian monarchy. By that point in time, all federal agencies and departments had already moved their Hawaii-based offices years earlier to the Prince Kuhio Federal Building near Honolulu Harbor, except for a small section of the building that is still used as a post office.[4]
Today, the building is home to the offices of the Hawaii Department of Commerce and Consumer Affairs.[5]