{"id":203720,"date":"2022-03-03T12:07:01","date_gmt":"2022-03-03T20:07:01","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=203720"},"modified":"2022-03-03T14:20:40","modified_gmt":"2022-03-03T22:20:40","slug":"fontainebleau-las-vegas-casino-renderings-released","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/fontainebleau-las-vegas-casino-renderings-released\/","title":{"rendered":"Fontainebleau Las Vegas Renderings Released, Project Highlights Strip Developments"},"content":{"rendered":"

Fontainebleau Las Vegas is on track to open sometime in the fourth quarter of 2023.<\/p>\n

\"Fontainebleau
A rendering of the Fontainebleau Las Vegas porte-coch\u00e8re. The Strip casino resort project is slated to open late in 2023. (Image: Fontainebleau Las Vegas)<\/figcaption><\/figure>\n

Koch Industries’ real estate investment arm acquired the 67-story towering blue structure<\/a> a little more than a year ago for an undisclosed price. The acquisition was made in conjunction with Miami real estate developer Jeffrey Soffer’s Fontainebleau Development.<\/p>\n

Teneo Hospitality Group, which has been brought in by the new ownership to help with group sales, had the honor of debuting the Fontainebleau Las Vegas renderings. Teneo shared the images of the forthcoming Strip casino complex to its LinkedIn page. A video of the renderings has since made its way to Twitter.<\/p>\n

https:\/\/twitter.com\/VitalVegas\/status\/1499447965072576516<\/p>\n

“With a prime location at the north end of the Las Vegas Strip, Fontainebleau Las Vegas will be adjacent to the new Las Vegas Convention Center Expansion and will have incredible meeting and event space with endless opportunities for groups of all sizes,” Teneo captioned the social media post.<\/p>\n

Aiming at Conventions<\/b><\/h2>\n

Gaming revenue has returned to pre-pandemic levels in Las Vegas. Pent-up demand and many US families being afforded stimulus checks from the federal government have been partially credited for Nevada’s record-setting gaming year experienced in 2021.<\/p>\n

Convention business, however, is a far different story. The Las Vegas Convention and Visitors Authority (LVCVA) said 2.2 million people traveled to the destination last year for a convention. That’s just a third of the 2019 convention volume.<\/strong><\/p>\n

Fontainebleau Las Vegas was built with large-scale business meetings and exhibitions in mind. The property has more than half of a million square feet of meeting space, with its primary exhibition room spanning 105,200 square feet.<\/p>\n

Teneo is tasked with assisting Fontainebleau in keeping those spaces occupied. Teneo is advertising the resort as a premier convention host. Along with its expansive meeting capabilities, Fontainebleau will offer 3,700 guestrooms.<\/p>\n

Fontainebleau Las Vegas is taking the name and brand from the iconic Fontainebleau Miami Beach. The historic integrated resort’s “fb” branding has already gone up<\/a> on the Las Vegas structure.<\/p>\n

Projects for 2022<\/b><\/h2>\n

The LVCVA this week released its annual construction bulletin. The report details ongoing tourism-focused projects in Southern Nevada.<\/p>\n

\n

The agency says approximately $4.512 billion is forecast to be invested in the market through 2024. Should all of the listed undertakings be carried out to completion, more than $4.5 billion will result in the addition of 7,602 rooms and 791,000 more square feet of convention space.<\/p>\n<\/div>\n

Fontainebleau is responsible for the bulk of both components. But since Koch and Fontainebleau Development have not revealed what sort of investment is being made into completing the property, the $4.5 billion overall figure is not inclusive of the Fontainebleau spend.<\/p>\n

The MSG Sphere at The Venetian is the costliest project currently under development. The immersive entertainment space is being built at a cost of $1.9 billion.<\/p>\n

Despite COVID-19, 2021 saw nearly $4.89 billion in investments come to completion. The year was highlighted by the finishing of Resorts World Las Vegas, which cost $4.3 billion. The resort on the Strip’s northern end opened last June.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Fontainebleau Las Vegas is on track to open sometime in the fourth quarter of 2023. Koch Industries’ real estate investment arm acquired the 67-story towering blue structure a little more than a year ago for an undisclosed price. The acquisition was made in conjunction with Miami real estate developer Jeffrey Soffer’s Fontainebleau Development. Teneo Hospitality […]<\/p>\n","protected":false},"author":25,"featured_media":203723,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[81886,32093],"tags":[],"acf":[],"yoast_head":"\nFontainebleau Las Vegas Casino Resort Renderings Released<\/title>\n<meta name=\"description\" content=\"Fontainebleau Las Vegas is on track to open sometime in the fourth quarter of 2023 and bring to conclusion the long-stalled project.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/fontainebleau-las-vegas-casino-renderings-released\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fontainebleau Las Vegas Casino Resort Renderings Released\" \/>\n<meta property=\"og:description\" content=\"Fontainebleau Las Vegas is on track to open sometime in the fourth quarter of 2023 and bring to conclusion the long-stalled project.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/fontainebleau-las-vegas-casino-renderings-released\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-03T20:07:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-03T22:20:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/03\/fb_rendering1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Devin O'Connor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CasinoorgDevinO\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Devin O'Connor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/fontainebleau-las-vegas-casino-renderings-released\/\",\"url\":\"https:\/\/www.casino.org\/news\/fontainebleau-las-vegas-casino-renderings-released\/\",\"name\":\"Fontainebleau Las Vegas Casino Resort Renderings Released\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/fontainebleau-las-vegas-casino-renderings-released\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/fontainebleau-las-vegas-casino-renderings-released\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/03\/fb_rendering1.jpg\",\"datePublished\":\"2022-03-03T20:07:01+00:00\",\"dateModified\":\"2022-03-03T22:20:40+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf\"},\"description\":\"Fontainebleau Las Vegas is on track to open sometime in the fourth quarter of 2023 and bring to conclusion the long-stalled project.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/fontainebleau-las-vegas-casino-renderings-released\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/fontainebleau-las-vegas-casino-renderings-released\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/fontainebleau-las-vegas-casino-renderings-released\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/03\/fb_rendering1.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/03\/fb_rendering1.jpg\",\"width\":1200,\"height\":800,\"caption\":\"A rendering of the Fontainebleau Las Vegas porte-coch\u00e8re. 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