US$400 million budget signed for NASED project in Honolulu
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.
Country updates
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July 20, 2022
NOVA Infrastructure Fund I raised US$565 mn in final close
NOVA Infrastructure has announced the final close of its first midmarket-focused NOVA Infrastructure Fund I, raising US$565 million. NOVA Infrastructure Fund I received commitments from 25 North Amer...
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July 20, 2022
Border to Coast commits US$382.6 mn to two infrastructure funds
Border to Coast has announced final investments in its initial Private Markets program, including a US$382.6 million commitment to two infrastructure funds in North America and Europe. The comm...
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July 19, 2022
Purdue Research Foundation to acquire student housing PPP from Balfour Beatty
Balfour Beatty has announced the sale of its 67% interest in Aspire at Discovery Park to Purdue Research Foundation. Discovery Park is an on-campus student accommodation at Purdue University in West...
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July 19, 2022
Crestwood completes series of strategic transactions
Crestwood Equity Partners LP has announced the closing of Delaware Basin acquisitions of Sendero Midstream Partners LP for approximately US$600 million in cash and First Reserve’s 50% interest i...
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July 18, 2022
Stonepeak to acquire stake in American Tower Partners U.S Data Center Business
Stonepeak has announced an agreement on behalf of certain affiliated investment vehicles to acquire an approximately 29% stake in American Tower’s US data center business as part of a new long-t...
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