![]() ![]() But the rebranded project was short-lived: Construction was suspended in March 2020, when the coronavirus pandemic triggered Nevada's statewide shutdown.Ī year later - and more than 15 years since the initial plans for Fontainebleau Las Vegas were unveiled - the project was reacquired by Jeffrey Soffer, one of the original developers. In 2018, the resort even got a new name, Drew Las Vegas, after Steven Witkoff and Miami-based investment firm New Valley bought it for $600 million. In the decade that followed the original project's collapse, ownership changed hands several times. ![]() real estate bubble and was expected at the time to open in October 2009, but work stopped when it went bankrupt during the Great Recession. Named after Miami Beach's 1950s-era Fontainebleau hotel, the luxury resort is one of the tallest buildings in Nevada.Ĭonstruction on the 67-story Fontainebleau Las Vegas began in 2007 amid the U.S.
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