What I have come to call "The Big Blue Silo" is in the news again. The project that is currently referred to as "The Drew", originally known as Fontainebleau Las Vegas, has come to come to a halt. Partially because of the COVID 19 shutdown of all things fun on the Las Vegas Strip, partially because the owner has not been keeping up with his bills. According to an article in … [Read more...] about Owner of the Big Silo still owes contractors $36 Million for work
big blue silo
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 … [Read more...] about The Big Blue Silo Gets a New Name
Our friend, Scott over at Vital Vegas had promised breaking news, that the Big Blue Silo had finally been sold. The mothballed, eyesore at the north end of the Las Vegas strip had finally found a new owner. And he was correct as usual. Witkoff, a global real estate development and investment firm, together with New Valley LLC, an investment company owned by Vector Group, … [Read more...] about Fountainbleau is Sold – What About The Hole?