Finally, a flurry of deals rekindled the project just before the pandemic. The building sat there, 70% finished, for 12 years - a giant steel punchline to jokes about overdevelopment.
The 3,644-room resort also represents the culmination of a 23-year journey that started for Jeffrey Soffer, Fontainebleau Development’s chairman and CEO, when he purchased the land back in 2000.Ĭonstruction on the hotel began in 2007, but construction stopped the following year due to the Great Recession. In a city that prides itself on show-stoppers, the debut of this particular hotel is a big deal - Fontainebleau brings major name recognition and is the first new resort on the Strip since Resorts World opened in 2021. Its shimmering monolithic façade will be visible from the northernmost turns on the course of the Formula One car race that will rumble around Sin City next month. The Las Vegas outpost is set to open December 13 on 25 acres at the north end of the Las Vegas Strip, essentially between the West Hall of the Las Vegas Convention Center and the Sahara. One of the most storied hotel companies in the United States is inching closer to a brand new, $3.7-billion resort in Las Vegas - a resort 23 years in the making.įontainebleau Las Vegas will be the sister property of Fontainebleau Miami Beach, a sprawling and now iconic landmark that opened in 1954 and is widely regarded as America’s first destination resort.
