The developer of Fontainebleau Las Vegas is now seeking to purchase 5 acres near the hotel-casino on the Strip for $112.5 million.
The Las Vegas Convention & Visitors Authority will vote on the sale of the land, just south of Fontainebleau, at its next meeting Tuesday.
“Almost six months into operations, we are already seeing positive and encouraging results for Fontainebleau Las Vegas. This acquisition, which is strategically located for future growth, underscores our confidence in the Las Vegas market. We look forward to disclosing more details in the near future,” Fontainebleau chairman and CEO Jeffrey Soffer said in a statement.
