The long-anticipated Fontainebleau Las Vegas resort is finally opening on December 13 after 23 years in development.
The $3.7 billion complex offers seven pools, 36 restaurants and bars, and a top-floor private club in partnership with David Grutman’s Groot Hospitality, which will feature two of Grutman’s renowned restaurants, Komodo and Papi Steak.
The 67-story Fontainebleau Las Vegas project has been in development since real estate mogul Jeffrey Soffer acquired the land in 2000.
“It’s one of the great, crazy stories in real estate,” said Soffer, 55. “There’s always one crazy one in your career. This is definitely it.”
Fontainebleau’s construction started in 2007 but faced financial setbacks during the 2008-2009 crisis. After changing ownership twice, Soffer regained control in 2021, 16 years after the project’s inception.
“It could be a very good book or movie,” Soffer told The Hollywood Reporter. “You could be the best businessman in the world but if you don’t have good timing,” added Soffer, who noted that in the end “everything just sort of lined up.”
The Fontainebleau Vegas will also feature a lobby sculpture by Urs Fischer and Miami favorite, LIV nightclub.
The Fontainebleau will open December 13th — 15 years after the originally planned opening date pic.twitter.com/fOmarVww5O
— Las Vegas Locally 🌴 (@LasVegasLocally) September 18, 2023
Discover more from Baller Alert
Subscribe to get the latest posts sent to your email.
