18/01/2025
I am all over this! 😍
A California real estate development company that owns The Waldorf Astoria in Las Vegas has bought two oceanfront parcels at Ko Olina Resort and plans to move forward with long-delayed plans to develop a $2 billion Atlantis Resort on one of the properties.
Newage Ko Olina, an affiliate of Kam Sang Co. Inc., purchased the 43.55 acres fronting two of Ko Olina’s lagoons for a total of about $216 million. The seller was China Oceanwide, which paid more than $424 million for the properties in 2015 and 2016.
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.