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

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

Shortly after Laborious Rock Worldwide announced its plans to shutter The Mirage and funnel billions of {dollars} into renovations, Fontainebleau Improvement has secured a $2.2 billion building mortgage with a view 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, based on TheStreet.

“It is a milestone for Fontainebleau Las Vegas and stands as a testomony to the great dedication of our workforce and our companions at Koch Actual Property Investments,” stated Brett Mufson, President of Fontainebleau Improvement, in a press release. “We’re desirous to carry our iconic Fontainebleau model—timeless magnificence, unparalleled service, and revolutionary design—to the Las Vegas Strip.”