Las Vegas Sun

November 12, 2009

Currently: 69° | Complete forecast | Log in

Work continuing on Atlantis resort in Bahamas

Monday, June 6, 2005 | 9:46 a.m.

Filings with the Securities and Exchange Commission indicate that Kerzner International Ltd. is moving ahead with a third phase of its Atlantis resort in the Bahamas and has increased the estimated budget to $725 million.

The filing indicates that the company is nearing completion of a 75,000-square-foot Marina Village, which includes restaurants and retail shops.

Additional work on the new phase of the resort also will include a 500-room condo hotel, an 88-unit luxury condominium and private marina, expansion of the convention facilities and the resorts water attractions at Paradise Island. The original budget for the expansion was about $650 million.

Work is continuing on the second phase of the Harborside at Atlantis and the Ocean Club Residences & Marina, projected to cost about $60 million and $130 million, respectively.

archive

  • Most Read
  • Discussed
  • Most E-mailed

Calendar »

  • 12 Thu
  • 13 Fri
  • 14 Sat
  • 15 Sun
  • 16 Mon