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

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

QUALIFICATIONS PHASE

December 14, 2023

Request for Proposals (RFP) Publication

 

January 10, 2024

Pre-Response Conference

 

February 14, 2024

RFP Response Deadline

 

March 2024

Selection of Priority-Listed Offerors

PROPOSALS PHASE

PROPOSALS PHASE

March 2024

Start of Proposals Phase

 

May 2024

Community Engagement Conference

 

July 2024

Proposal Deadline

 

Fall 2024

Selection of Preferred Offeror

DILIGENCE AND DISCUSSIONS PHASE

DILIGENCE AND DISCUSSIONS PHASE

Fall 2024

Start of Diligence and Discussion Phase

 

Summer 2025

Sign contract documents