The state Department of Accounting and General Services and the Stadium Authority announced on Oct. 31 that they selected Aloha Halawa District Partners as the preferred offeror for the New Aloha Stadium Entertainment District.
According to an Oct. 31 NASED announcement, the state will now begin the “diligence and discussion phase to finalize negotiations for a range of technical and other matters,” and expects to execute a final agreement in summer 2025.
In the next phase of the procurement process, AHDP will share more details about the proposal and gather feedback through community outreach to surrounding residents and other stakeholders, the announcement noted.
The New Aloha Stadium Entertainment District Project aims to create an exciting and vibrant new Aloha Stadium and surrounding district. This ambitious endeavor involves designing, constructing, operating, and maintaining the new stadium while also demolishing the existing one and revitalizing that area of the site. To make this project possible, the State of Hawai’i will collaborate with a private developer to develop and deliver both the new Aloha Stadium and surrounding site as one integrated public-private-partnership (P3) project. The developer selection process will involve three stages: a Qualifications Phase followed by a Proposals Phase and ending with a Due Diligence and Discussion Phase.
One of the benefits of the P3 agreement is that the selected developer will take care of both the stadium and the neighboring area. This proactive strategy guarantees that both the stadium and district will be kept in condition preventing any maintenance problems that have occurred in the past. Once the 30 year maintenance period, for the stadium is over the developer will hand it back, to the State in working order.
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What is in the new New Aloha Stadium Entertainment District?
The new Aloha Stadium will have a reduced seating capacity of a minimum of 25,000, compared to the current 50,000 seats. Designers will create the stadium to accommodate various sports and entertainment events, such as football, soccer, rugby, and others played on a rectangular field. The multipurpose stadium will enhance the fan experience with a comprehensive array of amenities and support spaces to market new events, including various seating options, extensive concessions, and efficient facility circulation.
In addition to the new stadium, New Aloha Stadium Entertainment District will include an integrated, mixed-use, live-work-play-thrive district anchored by the new Aloha Stadium. Developers expect to complete the surrounding district over 20+ years and include residential market and housing options, hotels, office, retail, commercial, and entertainment uses in a manner that supports the NASED vision and objectives. This development will generate annual revenue for the State to help offset the cost of the new Aloha Stadium.
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The State announced Waiola Development Partners (WDP) and AHDP as the two finalist offerors for the New Aloha Stadium Entertainment District in late March.
The preferred offeror for the New Aloha Stadium Entertainment District Project, AHDP is comprised of:
Lead equity members: Development Ventures Group, Inc., Stanford Carr Development, LLC, Ameresco, Inc., and Aloha Stadium Community Development, LLC (The Cordish Company)
Design team: RMA Architects, Populous, SB Architects, Henning Larsen, Alakea Design Group, and WCIT Architects
Construction team: Hawaiian Dredging Construction Company, Inc. and AECOM Hunt
Other team members: Castle & Cooke Hawaii and Wilson Okamoto Corp
WDP comprised of:
Lead equity members: EllisDon Capital, Inc., BSC Acquisitions II, LLC, and Kobayashi Group LLC
Design team: Design Partners Incorporated, MANICA Architecture, PA, and Stantec Architecture, Inc.
Construction team: Nan, Inc.
Other team members: Machete Group, ES CON Sports & Entertainment, Biederman Redevelopment Ventures, SSFM International, Inc., Rider Levett Bucknall Ltd., SHADE Group LLC, and PBR Hawaii & Associates, Inc.
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The New Aloha Stadium Entertainment District has opening dates
The new Aloha Stadium will open for the 2028 University of Hawaii football season, this week’s announcement noted.
“The Governor has made it clear that it’s important for our state to have a quality stadium. We have achieved another major milestone working toward that in the NASED process thanks to the commitment and effort by AHDP and the NASED project team,” said Department of Business, Economic Development and Tourism Director James Kunane Tokioka in a statement. “I am looking forward to the next phase where we will be able to finalize the details of AHDP’s proposal and continue our progress toward creating a great new stadium, much-needed residential housing and mixed-use transit-oriented development to revitalize the surrounding community.”
