Plans to redevelop the Aloha Stadium site in Hawaii took a step forward as a state senate subcommittee approved two resolutions related to the project. One urges the Stadium Authority to lock in a construction contract for the New Aloha Stadium Entertainment District (NASED). The other recommends forming a state-led group to explore the future of legalized gambling in Hawaii.
The NASED project aims to build a new stadium alongside residential, commercial, and entertainment spaces. While the state has committed $400 million to demolish and replace the current stadium, officials are still looking for ways to close the funding gap. One option under discussion is the introduction of gambling within the district.
Governor Josh Green confirmed that the stadium contract with developer Aloha Halawa District Partners is expected to be finalized by June. “I’m gonna encourage them to go forward no matter what,” Green said. “We have the $400,000,000. We need to demolish the old stadium.”
To raise more funds for construction, the state has approached wealthy individuals, asking for investments of $50 million or more. The goal is to raise up to $800 million for a modern stadium that can host both sports and entertainment events.
Public support for the stadium remains strong. A recent poll showed that nearly 70% of Hawaii residents back the project. Many respondents also said they would support gambling in Hawaii if the revenue helped fund housing initiatives.
Governor Green acknowledged that many in the Native Hawaiian community would accept gambling if the proceeds went toward affordable housing. “So it may find its time, and that would certainly unlock the key to building a bigger and more beautiful stadium and entertainment district,” he said.
Green has kept a neutral position on gambling but recognizes its potential to generate funding for public projects. “You could see the renderings; they’re really beautiful, and it will generate revenue for our state,” he added.
The stadium is scheduled to be completed in time for the University of Hawaii football season in 2028. While the timeline is tight, project leaders believe it can be done.
On March 5, the Hawaii Senate passed a sports betting bill, edging the state closer to legalization.
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