The stalled Fontainebleau Las Vegas Resort project is now being given new life. After dumping almost three billion dollars into the resort, the work was shut down in 2009 due to economic concerns. The empty 63-floor tower sits just across the street from Circus Circus on the northern end of the famed Strip. The new project is scheduled to be complete in 2020 and hopes to be done by the time the Las Vegas Convention Center expansion is finished.
New York developer Steve Witkoff bought the property last August for $600 million and is currently partnering with Marriott International to relaunch the resort. Witkoff’s group announced that the new resort will feature nearly 4,000 guest rooms, allowing it to accommodate more than 600,000 annual visitors to Las Vegas. The property will encompass three separate brands: the iconic and luxurious JW Marriott, the boutique brand Edition, and a new hotel called the Drew. The resort’s official name will be The Drew Las Vegas, as the Drew will occupy the most space within the property.
The resort will delight guests with an 8-acre pool deck, a casino, an upscale retail space, 20 restaurants, and various entertainment options. Not only will business travelers be able to take advantage of the property’s 500,000 square feet of meeting space, but the resort will also be connected directly to the Las Vegas Convention Center along Elvis Presley Boulevard.