Fontainebleau Development has officially broken ground on construction of Fontainebleau Las Vegas at 2777 S. Las Vegas Blvd. Set to debut in the fourth quarter of 2023, the 67-story, vertically integrated luxury hotel and casino spans 25 acres on the north end of the Strip. The location will offer Fontainebleau Las Vegas guests direct access to the Las Vegas Convention Center and the Las Vegas Global Business District.
The resort will more than 3,700 rooms, more than 550,000 square feet of convention space, and a collection of restaurants and shops, pool experiences, vibrant nightlife options, and spa and wellness offerings.
Fontainebleau president Brett Mufson thanked the Las Vegas community for its support of the long-in-development project, telling the crowd of more than 150 assembled dignitaries, team members, development and financing partners and media, “You’ve welcomed us with open arms back to the marketplace, and we really appreciate it.”
“It’s kind of a crazy story, but I’m back,” added Fontainebleau chairman and CEO Jeffrey Soffer, who first conceived of Fontainebleau Las Vegas in the mid-2000s. “There’s so many people that it takes to make a job like this go forward; it’s not one person, it’s a team. “It’s a great building; it was always a great building, but this has come full circle back to us and we’re very honored and excited about it as a company.”
The building is nearly 75 percent complete and Fontainebleau Development has retained Richardson Construction to finish the project. Construction will add an estimated 3,200 jobs to the Las Vegas economy and upon completion, the resort will employ approximately 6,000 permanent workers.
“To have it rebirthed is just absolutely incredible,” said Nevada Governor Steve Sisolak as he celebrated the incoming jobs and the project’s economic impact. “Today is a testament that no challenge is too difficult to overcome.”
Fontainebleau Development and partner Koch Real Estate Investments re-acquired the property at 2777 S. Las Vegas Blvd in February 2021. Upon opening, Fontainebleau Development will be the sole operator of the hotel. Additional design and development partners will be announced in the coming months.
For more details, visit wwww.fbdev.com.
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