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Stadium Authority and preferred developer outline financing gap, set June 2025 target for contracts
Summary
The Stadium Authority and Aloha Halawa Development Partners updated Senate members on the Halawa stadium procurement. Officials said a June 2025 target remains for contract execution but identified major infrastructure and financing gaps that developers are still resolving.
The Stadium Authority and representatives of Aloha Halawa Development Partners told a joint Senate hearing that contract execution for the Halawa stadium and surrounding development remains targeted for June 2025, but several major financing and infrastructure questions remain.
Bridal Morioka, chair of the Stadium Authority, opened the committee exchange and asked the developer team for milestones and financing confidence. Developer representatives said they have been through a multi-year procurement process and are negotiating the project and financing documents during the current due‑diligence period.
The development team reported specific capital gaps and infrastructure needs. They said about $32,000,000 of…
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