Posted January 25, 2016

Atlantis plans $2B aquarium resort for Hawaii

Project stalled since 2005 is back on track.

Atlantis Resorts is finalizing a deal to build one of its famous ocean-themed resorts in Ko Olina, which could be the most expensive resort ever built, sources said.

The project has been in the works for more than a decade and was announced with much fanfare in 2005, but stalled since then.

Atlantis Resorts company is working out the final details of a deal to build the resort on a 15-acre parcel of land on the Diamond Head side of Disney's Aulani Resort, sources said.

People familiar with the project said the amenities there will be similar to Atlantis' The Palm resort in Dubai, with a huge interactive aquarium as well as some hotel rooms with an aquarium view, a dolphin encounter and a shark habitat. There will be a mix of hotel, condo and timeshare units, sources said.

One source said it could be the most expensive resort ever built, with a price tag of more than $2 billion.

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