After Las Vegas’ Mirage Closes, Fontainebleau Secures $2.2 Billion Funding – EDM.com

The Las Vegas Strip, one of many world’s main nightlife hubs, is receiving a multi-billion greenback funding. 

Shortly after Arduous Rock Worldwide announced its plans to shutter The Mirage and funnel billions of {dollars} into renovations, Fontainebleau Growth has secured a $2.2 billion building mortgage in an effort to full the corporate’s bold, 67-story lodge and on line casino in Las Vegas. The Fontainebleau venture has been within the works for 20 years, in accordance with TheStreet.

“This can be a milestone for Fontainebleau Las Vegas and stands as a testomony to the large dedication of our crew and our companions at Koch Actual Property Investments,” stated Brett Mufson, President of Fontainebleau Growth, in an announcement. “We’re desirous to deliver our iconic Fontainebleau model—timeless magnificence, unparalleled service, and revolutionary design—to the Las Vegas Strip.”