Chaminade University has successfully completed its athletics agreement with Saint Louis School. In exchange for a payment of $3.5 million to Saint Louis on December 30, Chaminade received:
- 50 year ground sublease for the site mauka of McCabe Gym, the first 40 years of rent pre-paid;
- 30 years of prepaid rent for the use of St. Louis’s athletics facilities for 1,150 hours per year for the gym and 350 hours per year for the field.
With the granting of the sublease Chaminade will now be able to build a locker/training room facility, which is projected to open in time to use for the fall 2018 season.