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Fontainebleau Definitely Not Opening This Year

May 4, 2009 at 5:31 PM | by Erika Pope | 0 Comments

Late last week, the mammoth Fontainebleau began laying off construction workers as it seeks to resolve its financing problems.

Today’s Casino City Times is reporting that laid-off construction workers were told it might take a couple of months to resolve the Fontainebleau’s lawsuit against its lenders, which precipitated the construction slowdown. What this means for us? We aren't going to be staying in the Fontainebleau come October, when the hotel was expected to be open.

Right now, it seems the best we can hope for is that the resort’s litigious, financial mess is resolved to the same happy end as CityCenter’s, which averted disaster with a new developer-lender agreement last week. With any luck they’ll land on a solution sooner than later and the north Strip’s first modern megaresort will be open by the end of the year.

[Photo: Nick Barlow]

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