Fontainebleau Development, a real estate development group, has announced Brett Mufson as President and CEO of Fontainebleau Las Vegas. The Fontainebleau hotel-casino is currently under construction and is set to open in the fourth quarter of 2023.
In December, Fontainebleau received $2.2bn in financing and is one of the largest construction projects underway in the entire US. The completed venue will be 67 stories tall and house an estimated 3,700 rooms with 550,000 square feet of convention space and a shopping district that will span 90,000 square feet.
Mufson will remain as President of Fontainebleau Development while he takes on this new role. It was under his leadership that the group re-acquired the property in 2021, reinvigorating hopes that this ambitious project would gain traction.
Fontainebleau Development’s Founder, Chairman and CEO Jeffrey Soffer commented: “Brett and I have spent years together as partners and he is a brilliant leader whose expertise provides us an extraordinary amount of confidence to build our brand with unparalleled consistency and focus.
“After years of critical contribution to the overall Fontainebleau Development brand and the building of Las Vegas, we are now poised to successfully run our entry into the Las Vegas market and establish our legacy on the Strip.”
Mufson reflected Soffer’s sentiment, saying: “I'm honored to lead the future of the Fontainebleau brand and take our iconic masterpiece that is Fontainebleau Miami Beach, with its remarkable history, culture, and design and evolve it into the Las Vegas market, one of the most phenomenal cities in the world.
“As we near our 70th anniversary as a brand, this is a dream opportunity to work with our best-in-class executive team to pioneer and set the stage for a new era of luxury hospitality.”
