(05-04-2022 08:13 AM)HawaiiMongoose Wrote:  

(04-29-2022 09:59 AM)GreenFreakUAB Wrote:  

(04-28-2022 08:25 PM)TexanMark Wrote:  

(04-28-2022 07:15 PM)Transic_nyc Wrote:  

Mark my words...there will be cost overruns.

Supply chain issues? in Hawai'i? NO WAY!!!

I don’t know where the $400 million figure came from. I’d like it to be true, but according to this morning’s Honolulu newspaper the new biennial budget formally approved yesterday by the Hawaii legislature authorizes only $350 million in bond funding for replacing Aloha Stadium. That’s the same amount approved a couple of years ago, before the pandemic caused the legislature to panic and cut the funding in half.

The governor said a couple of weeks ago that he supports moving ahead with the project, so his approval should be a formality.

Now it’s up to the state’s Department of Accounting and General Services to get the construction RFP out, and then we’ll see what the bidding development teams will commit to build for $350 million. My prediction: due to cost inflation during the two-year delay coupled with no increase to the funding amount, we’ll be lucky to get a 25K seat replacement stadium rather than the 35K originally planned (i.e. just half of Aloha Stadium’s 50K capacity). Hopefully I’m wrong and the winning bidder can do better.

You can get something akin to Orlando's Camping World Stadium for probably $350M. Very much no frills.

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