Fontainebleau, that big blue hulking structure at the north end of the Las Vegas Strip, the Big Blue Silo, the one remaining symbol to the era of Vegas’ unbridled growth and greed, gets a new name and an actual opening date that looks like it could actually happen.
The New York developer Steve Witkoff, who recently purchased the mothballed project from Carl Icahn for $600 million, announced it will be a JW Mariott branded resort with the name “The Drew Las Vegas”.
You read that name correctly. Don’t worry, you are not the only person who asked “What The F?” Can we now say that creativity has officially died in Las Vegas? Seriously. First the SLS, then the Park MGM and now The Drew….
Soaring 60-plus stories above the Las Vegas Strip, the new resort will feature a casino, over 3,500 rooms and more than 500,000 square feet of convention and meeting space. Being right next to the expanding Las Vegas Convention Center, it will be a perfect fit for the Marriott managed property.
The planned opening date is late 202 and they hired Penta Building Group as the contractor according to filings with Clark County. So they are serious about getting this thing completed.
The Big Blue Silo?
That has been my nickname for the hulking structure since it was mothballed in 2009 after its builders filed bankruptcy on the $2.8 billion, 3,815-room almost completed resort. Then investor Carl Icahn purchased it out of bankruptcy for $150 million in 2010 and sold all its furnishing to various Las Vegas resorts and hotels.
The left us with a big, blue empty structure resembling a silo. In 2017, New York developer Steve Witkoff purchased it for $600 million.
2020 looks like it will be a boom year for Las Vegas and grand openings…
FYI: The last new resort to open on the Strip was The Cosmopolitan, in 2010