The Government of Hawaii has signed a US$400 million budget for the development and construction of the New Aloha Stadium Entertainment District (NASED) in Halawa, Oahu, Hawaii.

The stadium will have a capacity of 35,000 seats. The scope of the project also includes the development of residential, retail, hotel, and office buildings on 70-80 acres surrounding the site. The new developer is anticipated to be chosen by the third quarter of 2023, with the original stadium being demolished later that year or early in 2024.

The stadium is expected to be finished in 2025.