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COURTESY OF THE GOVERNOR’S OFFICE
In a Dec. 14 news conference in the Governor’s Office, a rendering gave the public an idea of what the New Aloha Stadium Entertainment District (NASED) project could look like.
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I applaud the governor’s desire to build a new stadium, promote economic development, jobs and affordable housing in one grand project.
The announcement was exciting, and the developer selection will be celebrated with much fanfare. I would like to offer some predictions based on my 30-plus years of experience in planning and community development.
The honeymoon will be short-lived. The first obstacle will concern control of the land. The developer will need to tie it up to protect its interest. The development agreement will take longer than initially planned as attorneys hammer out the details.
The project scope will change when the developer “needs” exceptions to the original plan and entitlements to make the project pencil out. The land is tied up, the state may need to concede. Project costs will rise, the project delayed. Unforeseen circumstances will arise, lawsuits will be filed.
David Swindale
Manoa
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