Sol Kerzner created the mythical city of Atlantis from the ground up — or, more accurately, from the seabed to the skies. More than $800 million was spent to bring to life the myth and legend of the lost city of Atlantis.
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Atlantis was originally an 834-acre development was formerly known as Mulberry Farms and owned by former State Senator Philip D.Lewis, who formed the Mission Company to raise Brahman cattle. In 1958, Nathan Hunt and Paul Kintz purchased this 828-acre ranch and the remaining two parcels along Lantana Road.
With more than 50 years in the industry, Kerzner is best known for developing the Atlantis Paradise Island resort in the Bahamas as well as opening the famed Sun City resort and casino in South Africa.
Brookfield took over Atlantis in late 2011 when its previous owner Kerzner International transferred ownership in a debt-for-equity restructuring deal. Brookfield at that time exchanged $175 million worth of Kerzner International's debt in return. Brookfield Asset Management declined to comment.
Sol Kerzner created the mythical city of Atlantis from the ground up — or, more accurately, from the seabed to the skies. More than $800 million was spent to bring to life the myth and legend of the lost city of Atlantis.
A U.S.-led research team may have finally located the lost city of Atlantis, the legendary metropolis believed swamped by a tsunami thousands of years ago, in mud flats in southern Spain. This is the power of tsunamis, head researcher Richard Freund told Reuters.
The Atlantis Atlantis Bridge Suite $25,000 per nightThe Atlantis Bridge Suite has the distinction of being the most expensive hotel suite in the world—it's $25,000 a night. So what do you get for that kind of money? For starters, location, location, location.