Atlantis Ko Olina
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Newage Ko Olina, an affiliate of California-based Kam Sang Co. Inc. purchased the 43.55 acres fronting Ko Olina Resort’s two center lagoons for a total of about $216 million.

As part of the deal, the buyer has agreed to develop the Atlantis Resort, which has long been planned for the 26.3-acre lagoon-front parcel between Aulani, A Disney Resort and the Beach Villas at Ko Olina.

Source: https://www.bizjournals.com/pacific/news/2025/01/14/california-investors-ko-olina-land-china-oceanwide.html

Disney’s Aulani Resort as seen from the plane

Source: https://twitter.com/socal360/status/1782511563477532861?s=48&t=ZYxeBbAvARyX8nRDiLi5HQ

Timothy M. Kelly has been at Atlantis Dubai for six years, acting as executive vice president and managing director Atlantis Resorts. He will now lead the brand's global expansion. Congratulations Tim.

Does this mean we might finally see some movement in Ko Olina? I don't know what other international properties there are for him to be expanding?

Source: https://www.linkedin.com/posts/hoteliermiddleeast_timothy-kelly-promoted-to-president-of-atlantis-activity-7117569321144344576-k8B2/?utm_source=share&utm_medium=member_ios

Atlantis may be "up in the air" according to the article below.

Source: https://www.kitv.com/news/local/hawaii-s-first-atlantis-resort-may-be-up-in-the-air/article_e47bbdb2-9fd3-11ec-b892-07f5e9863637.html

New updates on ThemeparX including these layouts...





Source: https://www.themeparx.com/atlantis-resort-hawaii/

A Hong Kong-based company with plans to develop an Atlantis-themed resort along with two other big hotel and residential projects in West Oahu has been trying to sell all three properties to address financial difficulties.

Of the three projects, the estimated $1.5 billion Atlantis resort has garnered the most public attention with its promotion as a future landmark featuring 1, 324 guest rooms and luxury apartments, an aquarium, a water park, spas, restaurants, bars and other elements on 26 acres next to Disney's Aulani Resort fronting man-made beach lagoons at Ko Olina Resort &Marina.

The company, which has public stockholders, disclosed in a financial report last month that a potential sale of all three Hawaii properties at the end of June fell through after no final agreement on key terms could be reached with an unidentified buyer following a tentative agreement signed March 30. Oceanwide also said in the same Aug. 25 filing that it was negotiating the potential sale of 17 acres of land in Kapolei. The filing did not otherwise describe the property, though Ko Olina is part of Kapolei.

According to the company's financial report, the Hawaii real estate sale efforts stem from a need to raise cash so Oceanwide can addresses issues with debt and resume construction on a more than $1 billion stalled high-rise project in Los Angeles.

Source: https://news.yahoo.com/developer-hawaii-atlantis-resort-financial-160700162.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAIRlsHg8ehppVHYjR0e4pqkjnKiVOjqWbt95PGLsvGiAwH3EJKiYeBHp5ZyElTcymHUg9-etjDIccF6Cha8b_DliQ6D8ioqghVGrDY8uvqRw36PSpn92LRWmSWrtfsxl1qbi5mrfpYK1SmvLUQUErLq2uJc5z27KZB41FSd6Itui

This video uploaded today shows nothing going on with the two plots of land planned for future hotels. What a pity.

This news is about another Chinese owned developer that owns land in the same location but it also mentions that Ko Olina has "stalled".

The Chinese developer who acquired the Makaha Valley Country Club and hundreds of acres in the valley nine years ago has filed for bankruptcy protection. Pacific Links US Holdings and its affiliated companies filed for Chapter 11 reorganization on Feb. 1, listing debts of $50 million to $100 million.

Billions of dollars worth of Chinese developments have been put on hold in Hawaii during the past year. Construction of the nearby Atlantis Resort at Ko Olina is also stalled.

Source: https://www.hawaiinewsnow.com/2021/02/09/finances-grim-chinese-developer-who-owns-much-makaha-valley/

This is the yearly round up for the Kapolei Chamber of Commerce. It includes Atlantis on their overall plans however in the section about ongoing construction they only list Extended Stay Hotels as their hospitality building projects. No mention of Atlantis in any of the construction works...





Full Presentation: http://kapolei.com/media/W1siZiIsIjIwMjAvMTIvMjIvMDBfNDJfMzhfODUzX0thcG9sZWlfQ2hhbWJlcl9Ib2xpZGF5X0V2ZW50X1ByZXNlbnRhdGlvbl9fMTIwODIwMjAucGRmIl1d/Kapolei%20Chamber%20Holiday%20Event%20Presentation__12082020.pdf?sha=3e6f8da0

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