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Aloha Stadium Report

Aloha Stadium Report

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A study, prepared by the firm Foley & Lardner of New York, recommended a smaller venue to replace Aloha Stadium.
A study, prepared by the firm Foley & Lardner of New York, recommended a smaller venue to replace Aloha Stadium.

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Published by: Honolulu Star-Advertiser on Jun 27, 2014
Copyright:Traditional Copyright: All rights reserved

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06/27/2014

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4825-0745-4486.18
FINAL & ACCEPTED
P
RIVILEGED AND
 C
ONFIDENTIAL
A
TTORNEY
-C
LIENT
C
OMMUNICATION
Aloha Stadium Comprehensive Site Summary
June 26, 2014
Prepared for
:State of HawaiiDepartment of Accounting and General ServicesKalanimoku Building1151 Punchbowl StreetHonolulu, Hawaii 96813
Prepared by:
90 Park Avenue New York, New York 10016
 
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4825-0745-4486.18
TABLE OF CONTENTSPage
PREFACE...................................................................................................................................... 3EXECUTIVE SUMMARY .......................................................................................................... 4COMPREHENSIVE SITE SUMMARY.................................................................................... 91. Overview............................................................................................................................ 92. Surrounding Area........................................................................................................... 133. Real Property and Land Use Matters
 .
.......................................................................... 164. Environmental Matters.................................................................................................. 245. Operational Matters. ...................................................................................................... 266. Litigation Matters........................................................................................................... 327. Financing Matters........................................................................................................... 328. Stakeholder Input. .......................................................................................................... 349. Summary Observations and Analysis........................................................................... 35
Annex 1: Stadium Location MapsAnnex 2: Stadium Site Parcel MapAnnex 3: Stadium Parking Lot MapAnnex 4: Summary of Stadium Authority Special Fund Revenues and ExpensesAnnex 5: Surrounding Property MapAnnex 6-a: Map of Federal Deed RestrictionAnnex 6-b: Map of Land Previously Owned by Federal GovernmentAnnex 7: Map of City Deed RestrictionAnnex 8: HART Route MapAnnex 9: Proposed Stadium HART StationAnnex 10: HART Letter of ConsentAnnex 11 Schedule of Actual Revenues from AttractionsAnnex 12: Sewer CapacityAnnex 13: Summary of Certain Material ContractsAnnex 14: Construction Costs of Comparable StadiumsAnnex 15: Stakeholder Meetings
 
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4825-0745-4486.18
PREFACE
Foley & Lardner LLP is pleased to submit this Aloha Stadium Comprehensive Site Summary (this“Report”) to the State of Hawaii Stadium Authority and the State of Hawaii Department of Accountingand General Services. The objectives of this report are to (i) compile and summarize the informationcontained in the numerous environmental, construction, development, real estate and other documentsrelating to Aloha Stadium and the surrounding site that have been prepared since the construction of Aloha Stadium, (ii) summarize input collected during multiple interviews and meetings with over 35stakeholders, including state and local government representatives, sports industry experts, users of AlohaStadium and community representatives, (iii) analyze the information referenced in (i) and (ii) for  purposes of framing options for the potential redevelopment of Aloha Stadium and the surrounding areain the context of the needs and desires of the community and relevant stakeholders, (iv) identifying legaland practical obstacles and opportunities for achieving such needs and (v) consolidating theaforementioned information into an single, organized, digestible Report that can be used by both the public and private decision makers.We highlight that the scope of this Report and the analysis contained herein is limited to the information provided to us by the State of Hawaii and the stakeholders with whom we met. The conclusions andrecommendations contained in this Report are based on the aforementioned information only and our analysis of the legal and practical risks, challenges and opportunities associated with the ideas, conceptsand needs identified by stakeholders. As such, this Report contains our analysis of the relevantconsiderations associated with redevelopment of the Aloha Stadium site based on the needs and desires of the community and relevant stakeholders and not our subjective opinions of the highest and best use for the Aloha Stadium site.

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