The long-mothballed unfinished Fontainebleau casino-resort on the Las Vegas Strip is scheduled to open under a new name in 2020.
The 63-story bluish tower will be transformed into The Drew Las Vegas under a partnership between hospitality giant Marriott International and New York-based real estate firm Witkoff.
The companies told The Associated Press ahead of the Monday announcement that the property will feature a casino, approximately 4,000 rooms and suites, convention and meeting space, and a variety of entertainment, nightlife, retail and dining options.
The site is near the Circus Circus and SLS hotel-casinos. The luxury property will also be home to the Strip's first JW Marriott and the company's top-end "Edition" brand.
Two Blackbirds Hospitality, led by renowned hotelier and former Cosmopolitan CEO John Unwin, will oversee the launch and operations of The Drew.
The Drew will be one of two casino projects expected to open on the northern end of Strip in 2020. Resorts World is also scheduled to open at the beginning of the next decade.