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Unfinished Fontainebleau-Drew project is not a solution to the Las Vegas Strip’s troubles
By Howard Stutz, Executive Editor, CDC Gaming Reports
February 13, 2021 at
5:00 am
I have one question for Koch Real Estate Investments, the fourth owner of the unfinished Fontainebleau-Drew project, a hulking eyesore on the northern end of the Las Vegas Strip.
Do they know a good demolition expert?
The company, the Dallas-based real estate arm of the politically uber-powerful Koch Industries, said in a statement late Thursday it acquired the development, which sits on 24 acres between the recently completed expansion of the Las Vegas Convention Center and an empty 27-acre parcel for a planned, but financially unattainable, sports arena. ....

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