Colony Capital LLC will create a comprehensive resort complex that is less dependent on baseball as part of moves to rebuild the operations it takes over from debt-ridden retailer Daiei Inc.

“The hotel bears the word ‘resort,’ but the facilities are not enough for a perfect resort complex,” said Toshio Masui, a Japan-based representative of the U.S. investment fund. “The beach should be utilized to a greater extent and we’d like to build a more decent resort there with better access.”

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