Aloha Stadium becoming reality with $400M approval
Hawaii – The governor of Hawaii has signed the state budget, leaving in place $400 million for financing of the new Aloha Stadium in Halawa. Of the $400 million, $350 million is through the Department of Business, Economic Development, and Tourism, while the other $50 million comes from the Stadium Development Special Fund to cover expenses for operations, maintenance, and contract costs to developers.
In two or three years the stadium could be a reality. Supply chain issues and labor issues are considering factors. There are also further steps ahead, such as an environmental impact statement and an official request for proposals.
The current goal is for a new developer to be officially selected in the third quarter of 2023, with demolition of present-day Aloha Stadium taking place in late 2023 or early 2024. A realistic goal for the completion of the new stadium is the end of 2025.