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Hawaii Receives Six RFQs From Developers For Aloha Stadium

The debut of the new Aloha Stadium is targeted for Univ. of Hawaii football's '23 home openerGETTY IMAGES

The state of Hawaii said that it "received six responses to its request for qualifications from prospective developer-led teams for the New Aloha Stadium Entertainment District," according to Ferd Lewis of the HONOLULU STAR ADVERTISER. The RFQ "requires prospective partners to detail the makeup and background of their teams, their experience in similar projects and financial wherewithal." Hawaii Public Works Administrator Chris Kinimaka said, "We have received responses from a number of very reputable companies with outstanding credentials and experience, which is a positive sign. ... We’ll begin the review process immediately and our goal is to identify at least three developer-led teams to engage in the RFP process in July." Lewis notes the state "expects to have the eventual partner under contract in the first quarter of 2021 and the debut of the new stadium, the first phase of the 98-acre development, is targeted" for Univ. of Hawaii football's '23 home opener against Albany. The state has allotted up to $350M in a "combination of general obligation and revenue bonds for its share of the funding with the total cost of the project to be determined by developer funding" (HONOLULU STAR ADVERTISER, 5/28).

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