The dormant Fontainebleau Las Vegas on the Strip as seen from the SLS Hotel and Casino valet. The Fontainebleau was announced as the Las Vegas version of a classic Miami Beach hotel. Construction started in 2007, and stopped in 2009. In November of that year, financier Carl Ichan purchased the unfinished Fontainebleau out of bankruptcy. The following year, he sold off the fittings and furnishings purchased for the hotel. In late 2015, the Fontainebleau was listed as being for sale.