February 21, 2024
After Las Vegas' Mirage Closes, Fontainebleau Secures $2.2 Billion Investment - EDM.com

The Las Vegas Strip, one of the world’s leading nightlife hubs, is receiving a multi-billion dollar investment. 

Shortly after Hard Rock International announced its plans to shutter The Mirage and funnel billions of dollars into renovations, Fontainebleau Development has secured a $2.2 billion construction loan in order to complete the company’s ambitious, 67-story hotel and casino in Las Vegas. The Fontainebleau project has been in the works for two decades, according to TheStreet.

“This is a milestone for Fontainebleau Las Vegas and stands as a testament to the tremendous dedication of our team and our partners at Koch Real Estate Investments,” said Brett Mufson, President of Fontainebleau Development, in a statement. “We are eager to bring our iconic Fontainebleau brand—timeless beauty, unparalleled service, and innovative design—to the Las Vegas Strip.”

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