FONTAINEBLEAU DEVELOPMENT, LLC

FONTAINEBLEAU LAS VEGAS ACCELERATES HIRING EFFORTS TO RECRUIT OVER 6,500 MEMBERS AHEAD OF DECEMBER 2023 GLOBAL DEBUT

Retrieved on:

Wednesday, September 13, 2023

Food, NightCaster, History, Nevada State Route 562, Nightclub, Hotel

LAS VEGAS, Sept. 13, 2023 /PRNewswire/ -- Fontainebleau Las Vegas, the luxury resort and casino brought to life by Fontainebleau Development, is ramping up hiring efforts to welcome more than 6,500 MEMBERS in advance of its December 2023 grand opening, pending regulatory approvals. As the excitement surrounding the resort's grand opening continues to build, Fontainebleau Las Vegas will hold a five-day job fair beginning Monday, Sept. 25 to fill approximately 1,500 positions for its first-to-market food, beverage and nightlife operations.

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"As we quickly approach a pinnacle moment in both Las Vegas' and Fontainebleau's history, we are excited to begin ramping up hiring efforts for our world-class resort," says President Mark Tricano.
"Fontainebleau Las Vegas' guest experience begins with its MEMBERS, and as a resort, we are committed to recruiting individuals who are both passionate about luxury hospitality and eager to be a part of history."
"Through our hiring efforts, our MEMBERS will join a vibrant community with a shared commitment to excellence and passion for humanized hospitality.
The five-day hiring event will be held at Vū Las Vegas' production campus at 901 Grier Dr., south of Sunset Road.

Brett Mufson Announced as President and CEO of Fontainebleau Las Vegas

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Monday, January 9, 2023

Commercial Building & Real Estate, Vacation, Lodging, Construction & Property, Destinations, Travel, City, Culture, History, Acquisition, Multimedia, Meanings of minor planet names: 5001–6000, Development, Hotel, The Drew Las Vegas

Fontainebleau Development, a premier real estate development group specializing in large-scale lifestyle developments within the hospitality, retail, residential, and commercial sectors, has announced Brett Mufson as President and Chief Executive Officer of Fontainebleau Las Vegas.

Key Points:

Fontainebleau Development, a premier real estate development group specializing in large-scale lifestyle developments within the hospitality, retail, residential, and commercial sectors, has announced Brett Mufson as President and Chief Executive Officer of Fontainebleau Las Vegas.
A new hotel for a new era, Fontainebleau Las Vegas is currently under construction and will debut in the fourth quarter of 2023.
Mufson remains President of Fontainebleau Development.
After years of critical contribution to the overall Fontainebleau Development brand and the building of Las Vegas, we are now poised to successfully run our entry into the Las Vegas market and establish our legacy on the Strip.”
In 2021, Mufson’s instrumental leadership helped steer the company’s re-acquisition of the property along with the reinvigoration of Soffer’s original strategic vision for Fontainebleau’s brand and Fontainebleau Las Vegas.

VICI Properties Inc. to Provide Mezzanine Financing for Fontainebleau Las Vegas

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Tuesday, December 27, 2022

VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or “VICI”), an experiential real estate investment trust, announced today that VICI has agreed to provide up to $350 million in mezzanine loan financing to a partnership between Fontainebleau Development, LLC (“Fontainebleau Development”), a builder, owner, and operator of luxury hospitality, commercial and retail properties, and Koch Real Estate Investments, the real estate investment arm of Koch Industries, to complete the construction of Fontainebleau Las Vegas, a 67-story hotel, gaming, meeting, and entertainment destination coming to the north end of the Las Vegas Strip.

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VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or “VICI”), an experiential real estate investment trust, announced today that VICI has agreed to provide up to $350 million in mezzanine loan financing to a partnership between Fontainebleau Development, LLC (“Fontainebleau Development”), a builder, owner, and operator of luxury hospitality, commercial and retail properties, and Koch Real Estate Investments, the real estate investment arm of Koch Industries, to complete the construction of Fontainebleau Las Vegas, a 67-story hotel, gaming, meeting, and entertainment destination coming to the north end of the Las Vegas Strip.
Fontainebleau Las Vegas is expected to open in the fourth quarter of 2023.
David Kieske, Executive Vice President and Chief Financial Officer of VICI Properties, said, “We are thrilled to partner with both Fontainebleau Development and Koch Real Estate Investments, global leaders in experiential real estate development and investing, on the financing of Fontainebleau Las Vegas.
We believe the addition of the property will contribute to the increasing vitality of the north end of the Las Vegas Strip.

Fontainebleau Las Vegas Secures $2.2 Billion in Financing to Complete Construction

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Friday, December 23, 2022

A partnership between Fontainebleau Development, a builder, owner, and operator of luxury hospitality, commercial, and retail properties, and Koch Real Estate Investments (KREI), the real estate investment arm of Koch Industries, has secured – with J.P. Morgan as administrative agent – a $2.2 billion construction loan to complete Fontainebleau Las Vegas, the highly anticipated 67-story hotel, gaming, meeting, and entertainment destination coming to the north end of the Las Vegas Strip.

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A partnership between Fontainebleau Development, a builder, owner, and operator of luxury hospitality, commercial, and retail properties, and Koch Real Estate Investments (KREI), the real estate investment arm of Koch Industries, has secured – with J.P. Morgan as administrative agent – a $2.2 billion construction loan to complete Fontainebleau Las Vegas, the highly anticipated 67-story hotel, gaming, meeting, and entertainment destination coming to the north end of the Las Vegas Strip.
The financing, a monumental achievement for both companies following their joint acquisition of the property in 2021, keeps construction on schedule and paves the way for Fontainebleau Las Vegas to make its global debut in the fourth quarter of 2023.
“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,” says Fontainebleau Development President Brett Mufson.
Upon completion, Bowtie Hospitality LLC, a subsidiary of Fontainebleau Development, will be the sole operator of Fontainebleau Las Vegas.

FONTAINEBLEAU LAS VEGAS REVEALS INNOVATIVE RETAIL EXPERIENCE

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Wednesday, August 17, 2022

MGM Resorts International, Turnberry, Big Easy Casino, Las Vegas Convention Center, Restaurant, DNA, Turnberry Ocean Club Residences, Investment, Partnership, Foot, Element, Culture, David Rockwell, Hotel, The Drew Las Vegas, Fontainebleau Miami Beach, Fontainebleau Miami Beach, Las Vegas Strip, Signature

LAS VEGAS, Aug. 17, 2022 /PRNewswire/ -- Fontainebleau Development, a designer, builder, owner, and operator of premier hospitality, commercial, retail, and luxury properties, is revealing the first details for the new luxury retail experience to debut within Fontainebleau Las Vegas, the company's highly anticipated luxury resort destination on the Las Vegas Strip. As momentum builds toward a winter of 2023 opening, after almost 70 years since the company's founding, Fontainebleau Development is embracing the property's unique integrated design to create a shopping district that will span 90,000 square feet and feature approximately 35 luxury retail concepts across two levels.

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LAS VEGAS, Aug. 17, 2022 /PRNewswire/ -- Fontainebleau Development, a designer, builder, owner, and operator of premier hospitality, commercial, retail, and luxury properties, is revealing the first details for the new luxury retail experience to debut within Fontainebleau Las Vegas, the company's highly anticipated luxury resort destination on the Las Vegas Strip.
"Fontainebleau Las Vegas' unique vertical design gives us great creative flexibility when it comes to our retail space," says Fontainebleau Development President Brett Mufson.
Fontainebleau Development Chairman and Chief Executive Officer Jeffrey Soffer first began development of Fontainebleau Las Vegas in 2005.
Created by Fontainebleau Development, which designs, builds, and operates premier hospitality, commercial, retail, and luxury properties, in partnership with Koch Real Estate Investments, Fontainebleau Las Vegas brings full circle the company's longtime vision of hosting its iconic brand on the Las Vegas Strip.

Fontainebleau Las Vegas to Revolutionize Meetings and Convention Experience With Coveted Location, Upward-thinking Design, and Unparalleled Accessibility

Retrieved on:

Wednesday, March 9, 2022

The introduction of Fontainebleau Las Vegas into this market comes with elevated expectations among meeting planners, so we are already thinking several steps ahead and crafting solutions to new opportunities, explains Fontainebleau Las Vegas President Cliff Atkinson.

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The introduction of Fontainebleau Las Vegas into this market comes with elevated expectations among meeting planners, so we are already thinking several steps ahead and crafting solutions to new opportunities, explains Fontainebleau Las Vegas President Cliff Atkinson.
Fontainebleau Las Vegas will create the most accessible meeting experience on the Las Vegas Strip, as the resorts vertical design allows guests to effortlessly reach conference levels without navigating the casino.
With the Las Vegas Convention Centers $1 billion West Hall expansion within steps of the resort, Fontainebleau provides unprecedented access and synergistic opportunity for meeting and convention planners.
Fontainebleau Las Vegas is a vertically integrated, luxury 67-story hotel, gaming, entertainment, and meeting destination scheduled to open fourth quarter of 2023.

Cliff Atkinson Named President of Fontainebleau Las Vegas

Retrieved on:

Tuesday, February 1, 2022

Celebrated hospitality leader Cliff Atkinson has been appointed President of Fontainebleau Las Vegas, a vertically-integrated luxury hotel, gaming, entertainment, and meeting destination conceived by Fontainebleau Development.

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Celebrated hospitality leader Cliff Atkinson has been appointed President of Fontainebleau Las Vegas, a vertically-integrated luxury hotel, gaming, entertainment, and meeting destination conceived by Fontainebleau Development.
Atkinson has already assumed leadership of Fontainebleau Las Vegas as it continues to build its in-house team, and he will continue to execute the strategy laid out by Fontainebleau Development as the resort is readied for its global debut on the Las Vegas Strip in the fourth quarter of 2023.
Atkinson comes to Fontainebleau Las Vegas having established himself as one of the Strips most dynamic leaders.
Fontainebleau Las Vegas is, without question, the beacon of change for the future of Las Vegas.

Fontainebleau Development Sets Fourth Quarter 2023 Opening for Fontainebleau Las Vegas

Retrieved on:

Tuesday, November 9, 2021

Fontainebleau Development , which designs, builds, owns, and operates premier hospitality, commercial, retail, and luxury properties, is targeting fourth quarter of 2023 for the opening of its recently acquired 67-story, vertically integrated luxury resort and casino at 2777 S. Las Vegas Blvd.

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Fontainebleau Development , which designs, builds, owns, and operates premier hospitality, commercial, retail, and luxury properties, is targeting fourth quarter of 2023 for the opening of its recently acquired 67-story, vertically integrated luxury resort and casino at 2777 S. Las Vegas Blvd.
Fontainebleau Development and partner Koch Real Estate Investments acquired the property at 2777 S. Las Vegas Blvd in February 2021.
The project is 75 percent complete, and, upon opening, Fontainebleau Development will be the sole hotel operator of Fontainebleau Las Vegas.
Fontainebleau Las Vegas is a vertically-integrated, luxury 67-story hotel, gaming, entertainment, and meeting destination scheduled to open fourth quarter of 2023.