The Fontainebleau Las Vegas in Las Vegas, Nevada, is a $2.9 billion, 3,889-room, 68-story hotel/condo-hotel/casino development, situated near the north end of the Las Vegas Strip on the 24.5 acres (9.9 ha) site previously occupied by the El Rancho and Algiers hotels. It is intended to be a sister property to the well-known 1950's era Fontainebleau Miami Beach.
The project will include: a 95,000 sq ft (8,800 m) casino, a 60,000-square-foot (5,600 ...
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The Fontainebleau Las Vegas in Las Vegas, Nevada, is a $2.9 billion, 3,889-room, 68-story hotel/condo-hotel/casino development, situated near the north end of the Las Vegas Strip on the 24.5 acres (9.9 ha) site previously occupied by the El Rancho and Algiers hotels. It is intended to be a sister property to the well-known 1950's era Fontainebleau Miami Beach.
The project will include: a 95,000 sq ft (8,800 m) casino, a 60,000-square-foot (5,600 m²) spa, 3,300-seat performing arts theater, 1,018 condo-hotel units, 180,000 sq ft (17,000 m) of retail space, 400,000 sq ft (37,000 m) of indoor and outdoor conference space, nightclubs, and 24 restaurants and lounges.
In the aftermath of the global recession of 2007-08, which severely crippled tourism to Las Vegas and hindered Fontainebleau's ability to sell its condominium units, which would have paid much of the construction costs, Bank of America, the resort's largest lender, refused to provide further financing for the project; as a...
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