In a city that often razes its past in favor of development , the Fontainebleau stands out for consistently celebrating its history. Opened more than 70 years ago, the hotel has hosted stars like Frank Sinatra and Elvis, appeared in films like Goldfinger and the Bodyguard , and been seen in revered television series like the Marvelous Mrs. Maisel and the Sopranos .

But even a property with as much cachet as the Fontainebleau needs to keep up with the times. In that spirit, Fontainebleau Development, the firm that owns the property, announced this week that it will build a new water park onsite, a project it calls "one of its most ambitious investments to date."

The firm says the project's primary focus is on overhauling the hotel's outdoor pool deck. In a statement announcing t

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