While with Kerzner, Karawan directed the development ofAtlantis, Paradise Island in The Bahamas and worked on projectplanning for the company's Dubai Atlantis project. He also directedthe ongoing strategy for Kerzner's high-end chain of One & Onlyresorts.

Construction began earlier this year for Fontainebleau LasVegas, a 63-story, 3,889-room resort, condo-hotel, casino andentertainment resort that is slated to open this time next year.The 25-acre development includes restaurants and retail shops, a60,000-sf spa, 3,200-seat performing arts theater, meeting spaceand a large rooftop pool and club scene.

Fontainebleau Resorts is led by its majority owner JeffreySoffer, who also heads the Turnberry group of companies, owner ofthe Turnberry Place, Signature at MGM Grand and Town Squaredevelopments in Las Vegas, the Aventura Mall and Turnberry IsleResort & Club in South Florida, and the Residences at Atlantison Paradise Island, Bahamas. Fontainebleau's executive chairmanGlenn Schaeffer was formerly the president of Mandalay ResortGroup. Soffer and Schaeffer co-founded Fontainebleau after Mandalaywas sold in early 2005 to MGM Mirage.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.