KITV4
KITV Web Staff
October 12, 2021
HONOLULU — Hawaii state officials are putting a call out online for proposals for the real estate development of the New Aloha Stadium Entertainment District (NASED) project.
The request for proposals will be online at 3 p.m. for interested development partners, officials said in a press release.
The NASED project spans 73 acres at the Halawa site. That does not include an additional 25 acres planned for the construction of a new Aloha Stadium.
Officials say the request for proposals is a two-stage procurement process. The first phase includes requesting industry professionals in real estate development to provide their experience and qualifications with similar projects. The developers must also give a preliminary description of how they see the real estate portion complementing and supporting the new Aloha Stadium development, officials said.
A special committee will determine which teams are qualified to advance to the second phase of the process. That will eventually lead to the selection of a master developer for the project.
“We’re energized by reaching the RFP stage of the NASED Real Estate Project,” Public Works Administrator for the Department of Accounting and General Services Chris Kinimaka said in a press release. “Even though the pandemic caused delays, we stayed committed to fine-tuning the Real Estate RFP, so it aligns with the feedback we received from key stakeholders and members of the community. Now, we’re ready to move forward with this important milestone and identify our project development partners.”
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