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$3b unfinished Las Vegas hotel to open
Transactions - FEBRUARY 14, 2018

$3b unfinished Las Vegas hotel to open

by Andrea Zander

Marriott International has plans to open a new resort at 2755 Las Vegas Boulevard South, also known as the Fontainebleau.

Work on the 60-plus-story luxury hotel stopped when the Great Recession hit, and the project went bankrupt in 2009, according to the Las Vegas Review-Journal.

It will be renamed The Drew Las Vegas. It will debut the EDITION brand in Las Vegas and mark The Strip's first JW Marriott. Anticipated to open in late 2020, the resort will feature nearly 4,000 rooms and suites as well as over 500,000 square feet of convention and meeting space. Once open, the hotels will be managed by Marriott International.

Two Blackbirds Hospitality, led by renowned hotelier and former Cosmopolitan CEO John Unwin, will oversee the launch and operations of The Drew Las Vegas. As an integrated resort, The Drew Las Vegas will be home to a broad offering including a casino, luxury hotels, together with convention facilities, entertainment, nightlife, retail and dining curated into one cohesive guest experience.

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