Unfinished Las Vegas resort to have JW Marriott and Edition hotels

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Marriott International will add almost 4,000 rooms to the Las Vegas Strip when the unfinished Fontainebleau site is redeveloped into a casino resort with JW Marriott and Edition hotels.  

The resort on the northern end of the Strip, named The Drew, is scheduled to open in late 2020 with three hotels. One of them will be called The Drew.

Two Blackbirds Hospitality will oversee the resort, and Marriott will run the three hotels. Two Blackbirds Hospitality is led by New York-based developer Steve Witkoff and John Unwin, former CEO of the Cosmopolitan of Las Vegas.

In addition to the hotels, The Drew will have some 500,000 square feet of convention and meeting space. Further details, such as redevelopment cost, room count for each hotel, and the resort's food, beverage and nightclub outlets weren't disclosed.

Witkoff Group and New Valley LLC acquired the unfinished site from financier Carl Icahn last summer for $600 million, four times what Icahn paid for it in 2010.

Construction began in 2007 on the 3,889-room Fontainebleau Las Vegas, which was to be a sister property of the iconic Fontainebleau Miami Beach. Slated to cost about $3 billion to develop, the property was about 70% completed when it fell into bankruptcy and construction was halted in April 2009. Icahn bought the property the following year for $148 million.

The Drew will by far be Marriott's largest presence along the Strip. The W Las Vegas is also on the northern end of the Strip. The Cosmopolitan is a member of Marriott's Autograph Collection.

 Witkoff and New Valley have experience building hotels under the Edition brand, which is a collaboration between Marriott and lifestyle-hotel pioneer Ian Schrager.

Witkoff and New Valley are developing the Times Square Edition in New York and the West Hollywood Edition in Southern California, both of which are slated to open this year. Witkoff and New Valley also built Schrager's Public hotel in New York, which opened last year.

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