The Stratosphere Tower is located within city limits on Las Vegas Boulevard, just north of the Las Vegas Strip.
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26 Facts About Stratosphere Tower
2.
The Stratosphere Tower was built in a crime-ridden neighborhood known as Naked City.
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3.
Stratosphere Tower Corporation filed for Chapter 11 bankruptcy in January 1997, and businessman Carl Icahn purchased the resort in 1998.
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4.
Stratosphere Tower hoped to raise money to finish the tower and pay Stupak the $50.
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5.
Separately, the Stratosphere Tower agreed to provide free rent and relocation expenses to approximately 140 residents in a nearby area of Meadows Village that was cleared for an eventual expansion of the resort.
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6.
Stratosphere Tower was expected to employ a total of 3,000 people, and began hiring for the remaining 2,400 employees in March 1996, a month before the opening.
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7.
Stratosphere Tower was one of nine directors for Stratosphere Corporation, and would not oversee daily operations of the company.
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8.
The Stratosphere had seven restaurants, and the top of the tower contained two thrill rides.
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9.
Stratosphere Tower Corporation attributed the low results to the resort being partly unfinished, and said it would borrow $48.
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10.
Stratosphere Tower Corporation filed for Chapter 11 bankruptcy later that month, after missing a $14.
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11.
Rainy and windy weather was another factor, reducing pedestrian traffic to the Stratosphere and causing a lack of interest in the tower's observation deck and roller coaster.
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12.
Stratosphere Tower said the video was no longer necessary and that the timing no longer felt right.
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13.
Stupak stated his biggest disappointment with the Stratosphere Tower was not being able to have it built out to 1,825 feet.
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15.
In 2015, the Stratosphere Tower launched an advertising campaign targeting its middle-class clientele, while criticizing high-priced Strip resorts.
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16.
Stratosphere Tower is a popular draw for tourists, and is a notable part of the Las Vegas skyline.
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18.
The roller coaster ride failed to get the support of the city council, and the Stratosphere Tower withdrew its financing of $250,000 for the monorail project, which would have had a stop at the resort.
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19.
The Stratosphere Tower took legal action in an effort to get the ride built, but the resort lost its challenges in court.
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20.
DeBartolo Realty Corporation, which owned a 50-percent interest in the Stratosphere Tower Shops, was acquired by Simon Property Group in March 1996, forming Simon DeBartolo Group.
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21.
The Stratosphere Tower Shops were a joint venture between Simon DeBartolo Group and Gordon Group, under the name Strato-Retail.
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22.
The Stratosphere Tower leased the retail space to Strato-Retail, which then subleased it to retail tenants.
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23.
However, Strato-Retail sued Stratosphere Corporation, alleging that the escalator would hinder business to the Tower Shops by allowing visitors to bypass the mall on their way to the top of the observation tower.
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24.
In 2000, Stratosphere Tower Corporation purchased the mall from Strato-Retail for $12.
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25.
At its opening, the Stratosphere Tower included the 700-seat Broadway showroom, and a 300-seat lounge called the Images Cabaret, which hosted performers.
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26.
The Stratosphere Tower opened along with a celebrity impersonator show known as American Superstars, which initially ran in the lounge.
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