I can't read the whole article because it's behind a $140 per year paywall but it looks like China Oceanwide who own the Atlantis brand are selling off some of the land they purchased in 2016. It's not the land for Atlantis but it was purchased in that original land purchase so it looks like something is happening in that region.
The plot of land for sale for $34m is shown above marked with BMX-3.
Does anyone have any further news on this resort?
source: https://www.bizjournals.com/pacific/news/2020/11/06/china-oceanwide-puts-hawaii-parcel-on-the-market.html