In 1994, Sol Kerzner purchased a languishing Resorts International from entertainer/entrepreneur Merv Griffin. This once-popular jet-set playground on Paradise Island had seen better days, but from the start Kerzner saw its potential. Struck by the beauty of the location, on a lush tropical island with a pristine two-mile white sand beach, Kerzner vowed to build the most engaging and astounding resort the world had ever seen, a place where dreams would be made real and all who experienced it would fall under its mystical spell … whilst having a whole lot of fun in the process.
At that time, tourism, the largest sector of The Bahamas’ economy, had been on the decline, unemployment rates were in the double-digits, and the country’s tourism infrastructure had been steadily eroding for years. But that was all to change quickly as, within eight months, Kerzner had transformed almost the entire island into a tropical paradise.
From 1994 to 1998, 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. The original scope and scale of the project was mind-boggling: the world’s largest open-air marine environment of 11 million gallons, home to 50,000 sea creatures representing 200 species; new lagoons and countless waterfalls; a spectacular Mayan Temple Waterslide complex; 6 swimming areas and a $15 million Marina – itself an engineering marvel -- that would attract the sleek international mega-yacht set.
Paradise Beach Dr, Paradise Island, Bahamas
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