A consultant has completed a study that recommends the state seek opportunities to build a new 30,000- to 35,000-seat stadium on the lower portion of the current Aloha Stadium site.
A new stadium at that size would likely be built at a cost between $132 million and $192 million, according to the study.
The total estimated annual operating cost of the new stadium, including recommended capital improvement reserve payments, would be about $4.7 million to $6 million per year, which is significantly less than the $6.9 million currently spent per year on operating expenses alone.
The study says reprogramming prior State Capital Improvement Program allocations and funds anticipated to be allocated by the state for Stadium Capital Improvement Schedule repairs could cover all or a significant portion of the cost of a new stadium.
The report says the smaller stadium will better align with the community's needs.
The study also recommends the state explore options relating to the construction of a parking structure on the current Kam Parking Lot adjacent to the proposed rail station to alleviate parking concerns, increase space for development and facilitate a transportation hub.
The consultant also recommends closing Salt Lake Boulevard between the Kam Parking Lot and the stadium for all event days to improve pedestrian safety and streamline traffic flow.
The study cost the state $250,000.
Aloha Stadium currently has 50,000 seats and was built in 1975. An open house will be held on July 10 by the Stadium Authority to allow for the public to comment on the findings.