The cost of construction is estimated at $3.7 billion. In 2021, the original owner repurchased it for $350 million. Carl Ichan bought it in 2009 for $170 million and sold it in 2017 for $600 million. The property was bought and sold several times. It was delayed by the Great Recession and continual financing issues. Like its northern cohort, Fontainebleau has been a long time in the making. Legends Bay is merely an added amenity to a shopping mall estimated to draw over two million visitors a year.įontainebleau Las Vegas is scheduled to open in December. The real draw is its next-door neighbor, the Outlets at Legends Shopping Mall, anchored by Scheels Sports, Lowes, and Target. It relies on two national chains with 100-room hotels located nearby. It has meager restaurant offerings and no hotel. Legends is small potatoes by modern casino standards.
