Dates of emergence
Florida developer Jeffrey Soffer and Las Vegas casino executive Glenn Schaeffer announce plans to build the Fontainebleau resort on the north Strip.
Construction starts on the 60-plus-story project.
Fontainebleau developers announce financing that will be used, in part, to fund their $2.9 billion project on Las Vegas Boulevard.
Amid the worst recession in decades, the Fontainebleau project goes bankrupt.
Billionaire Carl Icahn acquires the Fontainebleau for around $150 million.
After leaving the project largely untouched, Icahn sells the Fontainebleau to developer Steve Witkoff and partners for $600 million.
Witkoff and hotel giant Marriott International announce the resort is now called Drew Las Vegas and slated to open in late 2020. The Drew is named for Witkoff’s son Andrew, who died of an OxyContin overdose in 2011 at age 22.
Witkoff says the 67-story hotel-casino is now scheduled to open in the second quarter of 2022.
Witkoff says he is close to obtaining a roughly $2 billion construction loan for the Drew.
Witkoff suspends construction of the Drew amid Las Vegas’ rapid shutdown over the coronavirus outbreak.
Soffer, the Fontainebleau’s original developer, reacquires the property in partnership with Kansas conglomerate Koch Industries’ real estate wing.
Marriott confirms it exited the project after reaching an “amicable settlement” with the ownership.
Soffer renames the project Fontainebleau Las Vegas,says construction has resumed, and sets a target opening for the fourth quarter of 2023.
Fontainebleau owners announce a $2.2 billion construction loan for the project.
Soffer announces the Fontainebleau’s grand opening date of Dec. 13.
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