P3 industry day set for New Aloha Stadium Entertainment District (NASED) Project
The New Aloha Stadium Entertainment District (NASED) team is set to host a P3 industry day on October 3, 2019, where information on the potential project will be presented as well as gathering feedback from the private sector for a forthcoming tender.
On July 8, a legislative bill was signed by the Government of Hawaii that authorizes the re-development of the existing Aloha Stadium site into a new commercial district, inclusive of a replacement stadium facility via a public-private partnership (P3) delivery model with WT Partnership. The bill has allocated over US$350 million funds for the Aloha Stadium site’s lagging maintenance and repair needs.
Spanning over 4.7 million square feet, and currently slated to be developed in three phases, WT Partnership is working in conjunction with Crawford Architects and AHL on the project as a Technical Advisor, Transaction and Program Manager.
Aloha Stadium currently houses the University of Hawaii Rainbow Warriors football team as well as numerous concerts, entertainment and community events, including the popular weekly Swap Meet. This is a major development for Hawaii and is set to usher in a new phase of P3 development projects around the country.
Country updates
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