Concession Agreement Delayed for Aloha Stadium P3

When Hawaii’s New Aloha Stadium and Entertainment District (NASED) P3 began making significant planning progress more than four years ago, it was a novel approach to a recurring problem for many American cities: how to develop large stadium venues and entertainment districts without significant public funding or other subsidies. In Hawaii’s case, Aloha Stadium in central Oahu, the state’s only major sports and entertainment venue, needed to be torn down and replaced. The state aimed to solve the problem with a novel procurement: a P3 to redevelop both the stadium and a massive new entertainment and housing district in the surrounding area, with the benefits of the commercial development offsetting some of the stadium costs.

Ever since, that promising idea has gone through round after round of delays and procurement changes, and the demolition of the old and unused Aloha stadium still has not even begun. Most recently, the state announced that it would be delaying commercial close for the project’s concession agreement with its selected developer and the sole bidder for the stadium project, Aloha Halawa District Partners (AHDP). Commercial close for the project was originally scheduled to be completed by the end of June.

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