PROCUREMENT
Published on December 14, 2023, the Request for Proposals (“RFP”) outlined a three-stage procurement process aimed at securing contract(s) with a private developer entity to serve as the master developer for the New Aloha Stadium Entertainment District (“NASED”). The master developer will be responsible for master planning and delivering NASED, which includes designing, constructing, operating, maintaining, and partially financing the new Aloha Stadium, developing and commercializing vertical developments within the district, and managing the design, construction, operation, maintenance, and financing of public spaces and supporting infrastructure within the district.
The period for submitting RFP responses has concluded, with the response deadline occurring on February 14, 2024. Access to the NASED Project data room is now restricted to those offerors that previously registered.
On March 28, 2024, the state selected priority-listed offerors to proceed to the proposals phase of the RFP process.
In late June 2024 one of the priority-listed offerors (Waiola Development Partners) withdrew from the RFP process.
The withdrawal of Waiola Development Partners from the procurement process does not affect the overall timeline for the NASED Project. The state remains committed to opening the stadium by summer 2028. Key milestones include the Proposal deadline on July 31, 2024, the selection of a preferred offeror in September 2024, and the finalization of technical matters and agreements by June 2025.
The best way to stay up to date for all things NASED is to register for the NASED Newsletter here.
Procurement Timeline
MARKET SOUNDING
June 14, 2023
Market Sounding Webinar Presentation
June 14 – 28, 2023
Request For Information – 1
November 1 – 15, 2023
Request For Information – 2
QUALIFICATIONS PHASE
December 14, 2023
Request for Proposals (RFP) Publication
January 10, 2024
Pre-Response Conference
February 14, 2024
RFP Response Deadline
March 28, 2024
Selection of Priority-Listed Offerors
PROPOSALS PHASE
March 28, 2024
Start of Proposals Phase
May 6, 2024
Community Engagement Conference
July 31, 2024
Proposal Deadline
Fall 2024
Selection of Preferred Offeror
DILIGENCE AND DISCUSSIONS PHASE
Fall 2024
Start of Diligence and Discussion Phase
Summer 2025
Sign contract documents