Atlantis Resorts to develop first US project in Ko Olina - Hawaii News Now - KGMB and KHNL

Atlantis Resorts to develop first US project in Ko Olina

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(Image: Hawaii News Now) (Image: Hawaii News Now)
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  • Plans for $2B Atlantis aquarium resort being finalized at Ko Olina

    Plans for $2B Atlantis aquarium resort being finalized at Ko Olina

    Friday, January 22 2016 10:29 PM EST2016-01-23 03:29:03 GMT
    Friday, January 22 2016 10:57 PM EST2016-01-23 03:57:30 GMT

    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. 

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    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. 

    More >>
KO OLINA, OAHU (HawaiiNewsNow) -

Atlantis Resorts, known for its extravagant ocean-themed resorts, will develop its first U.S. project in Ko Olina.

Hawaii developer Jeff Stone confirmed the deal, and said the resort will be similar to Atlantis Dubai, with amenities like a dolphin encounter, shark habitat and hotel rooms with a front row seat into a giant aquarium. 

Stone says Atlantis will be designed as an "international destination for millennial travelers."

The resort will add another high-end hotel destination to Ko Olina, already home to Disney's Aulani, the Marriott Ko Olina Beach Club and the Four Seasons Resort Oahu, which opened in May.

Stone says the Hawaii Atlantis Resort will bring 1,800 jobs and generate hundreds of millions of dollars in city and state revenues.

The project was first announced in 2005, but has stalled since then.

Residents say they're looking forward to the project.

"I'm all for whatever kind of helps the economy here," said Ewa resident Jeff Jacobs.

State Rep. Andria Tupola, whose district includes Ko Olina, said she's also looking forward the economic boost, but is concerned about the added traffic and parking issues.

"I do know this has been in the works for years, it was a matter of Jeff finding the right fit for what they needed," she said.

"If there is an issue with the parking lot not being efficient, then is Ko Olina association taking the right steps to make sure with the new hotel coming in that there's extra parking spaces?"

In January, Hawaii News Now reported the resort could be one of the most expensive resorts ever built, with a price tag of more than $2 billion.

There was no word Monday on the final project cost.

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