I live in Cabo and recently got to play the Ocean Course the week before it closed for redesign.
It had already been redesigned on hole 5 and 6 (not reflected in WGT) but now there is a major overhaul underway. The course may be going private next year when the redesign is finished.
Entire holes are being eliminated like the signature oceanfront par three pulpit green, which is now a beach club.
I am sure that the real estate recaptured at the beach will be just a wonderful money maker for the developer, but the course as it now stands on WGT will never be again.