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.
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.