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Koch Real Estate Investments acquires The Drew Las Vegas

Property previously known as Fontainebleu
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Posted at 12:16 PM, Feb 12, 2021
and last updated 2021-02-12 15:16:52-05

LAS VEGAS (KTNV) — Koch Real Estate Investments has acquired The Drew Las Vegas, which was previously known as Fontainebleu.

The unfinished 63-story hotel has been sitting on the north end of the Las Vegas Strip for years. Construction originally began in 2006.

Executives with Koch say they view the property as a “great opportunity.”

They say they will work alongside Fontainebleau Development as the project evolves.