Las Vegas hospitality industry veteran John Unwin, who took control of a half-finished Cosmopolitan in 2009, will be involved in overseeing the development, launch and operations of The Drew through the consulting firm Two Blackbirds Hospitality. The Strip has not seen a casino-resort open since 2010, when The Cosmopolitan of Las Vegas began operations. The company, whose loyalty program has more than 100 million members, will manage the three hotels.

Marriot’s top-end, boutique-style “Edition” brand will debut in Las Vegas at The Drew.

The building’s design has not been finalized, but the existing 8 1/2pool deck will be “reimagined,” Witkoff said, in a way that it will differentiate the property from others in Las Vegas and drive customers. The planned resort will include 500,000 square feet of convention and meeting space, as well as a variety of entertainment, nightlife, retail and more than 20 dining options. “We think that growth is coming and is going to come here,” Witkoff said. Witkoff and Miami-based investment firm New Valley LLC purchased it for $600 million in August. The 63-story tower was 70 percent finished when the recession stopped construction.īusiness magnate Carl Icahn and his firm, Icahn NV Gaming Acquisition LLC, bought the property out of bankruptcy in 2010 for $150 million. The site near the Circus Circus and SLS hotel-casinos, as well as the Las Vegas Convention Center, has been dormant since 2009, about two years after privately held Fontainebleau Resorts LLC began work on the $2.9 billion, 3,900-room project.

“The structure here is so well conceived, even from nine years ago, that there are a lot of possibilities for us to put our imprint from a design standpoint on that property.” “It is going to be a design-forward building, and when we bring it all together, people are going to say, ‘I really want to come back,’” Steven Witkoff, chairman and CEO of Witkoff, told the Associated Press ahead of the announcement. The new luxury property, which will feature a casino and about 4,000 rooms and suites, announced Monday it will also be home to the Strip’s first JW Marriott. The hulking, bluish casino-resort, which has sat unfinished on the Las Vegas Strip since 2009 and became a poster child of the Great Recession, is now scheduled to open in late 2020 under a partnership between hospitality giant Marriott International and New York-based global real estate firm Witkoff. LAS VEGAS – The Fontainebleau is no more.

Worlds largest unfinished casino lv