just had a look on google earth ,and the holiday village is no longer shown as a building site ,its now shown in a finished or almost finished state ,with the swimming pools filled up etc.
for anyone who does not know where to look zoom in on sharm el sheik ,look for the airport (clearly visible) then follow it slightly upwards and you will see a long lagoon/reef the landmark to look for is the extremely long jetty of the LTI grand azure hotel ,which is next door to the holiday village ,you can then zoom in and out of the holiday village and surrounding areas and drool over the pictures