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Vegas Tower Casino Navigation menu Video[HD] FULL Stratosphere Tower Tour - 4 Rides - Highest Thrill Rides in the World - Las Vegas
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Update on: Uploaded by: Nom Hark Requires Android: Android 4. Playtv Geh 2. MARVEL Future Fight 6. Wattpad 8. The unique design of the tower pod and its limit space required construction crews to carefully plan the installation of the second crane, which weighed 30 tons.
The second crane would lower pieces of the original crane to the ground, and would then be used to lift a seven-ton derrick into place, allowing workers to carry down sections of the second crane.
The derrick would then be disassembled by hand, and workers would use a construction elevator to bring down the pieces.
The complex and risky process was expected to take nearly two months. A helicopter was used to lift two 3,pound steel frames to the top. Six workers, strapped to the tower, helped guide the final sections into place.
Years before the Stratosphere's opening, a three-block neighborhood of houses in Meadows Village was demolished to help make room for the resort's 4,space parking garage.
Separately, the Stratosphere agreed to provide free rent and relocation expenses to approximately residents in a nearby area of Meadows Village that was cleared for an eventual expansion of the resort.
However, three property owners fought against the seizure in a court battle that lasted into the next decade. The proposed expansion never took place.
The Stratosphere was expected to employ a total of 3, people, and began hiring for the remaining 2, employees in March , a month before the opening.
He was one of nine directors for Stratosphere Corporation, and would not oversee daily operations of the company. Shortly before its opening, several daredevils had expressed an interest in performing stunts from the top of the tower, but they were declined for safety reasons.
The smoke originated from the pod's fifth-floor kitchen, one floor above the restaurant, due to a faulty ventilator in the air-flow duct system.
The pod contained four tanks with 32, gallons of water for firefighters in the event of a fire, but they were not needed.
A film crew followed Stupak all day leading up to the opening. Stupak attended the event with singer Phyllis McGuire.
Other attendees included Nevada governor Bob Miller and Las Vegas mayor Jan Laverty Jones. The hotel portion was expected to open on May 7, The resort had 3, employees.
But if you build a tower and put a roller coaster on top - now, that's Las Vegatizing. The Stratosphere was projected to attract at least 5.
In addition, customer visitation to the tower was lower than expected, and many people did not stay to gamble in the casino.
Stupak, who had already made plans to move on to other projects,  resigned as chairman less than three months after the opening, leaving Berman in charge.
Grand Casinos had only agreed to keep Stupak as chairman for the first 90 days after opening, and his position was to be evaluated after that.
A temporary race and sports book was established by Leroy's in August , in an effort to bring in more gamblers. Within six months of the opening, stock prices in Grand Casinos and Stratosphere Corporation dropped 50 and 80 percent respectively.
A roller coaster at the top of the tower was considered underwhelming, and was closed for improvements to make it longer and faster.
Nevertheless, the Stratosphere continued to struggle. In January , the resort announced that it could no longer afford to honor thousands of prepaid vacation packages.
Shareholders were upset by the plan, and some had already filed a class action lawsuit against Stratosphere Corporation and Grand Casinos, alleging deceit.
Before the bankruptcy filing, Berman had intended to make the resort profitable. 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.
In June , corporate raider and businessman Carl Icahn purchased 20 percent of mortgage bonds in Stratosphere Corporation,   while Berman and other investors in Stratosphere Corporation sold off their shares.
Grand Casinos remained as the largest shareholder in the resort. Berman and other board members of Stratosphere Corporation resigned, with Berman saying, "Grand wants to avoid being on the board when proposals such as Icahn's are being reviewed.
I think it's difficult when your company has a proposal and another company is offering a better proposal. He also planned to air a half-hour video in which he criticized the board members who resigned, saying, "We have to save the Stratosphere.
We have to save the shareholders. You have a duty, a fiduciary duty. I'm reminding you to do this. So what did they do? They surrendered. They surrendered and left town.
He said the video was no longer necessary and that the timing no longer felt right. In the years after Icahn took over, Stupak sometimes visited the Stratosphere's Top of the World restaurant but was otherwise disinterested in the resort.
In , Stupak said that he felt prouder when he opened his earlier casinos on the site in and Stupak stated his biggest disappointment with the Stratosphere was not being able to have it built out to 1, feet.
I want to be the guy who built the tallest structure in the world. In , ownership switched to American Real Estate Partners, and Icahn remained as the controlling investor.
The resort had 2, employees. Construction of the unfinished hotel tower resumed on April 14, Excluding the new tower, the hotel had 1, rooms.
The new project was meant to improve business at the casino and its retail mall, the Tower Shops. In , several additions were being considered, including a convention center, a nightclub, and an indoor go-cart track.
The topless pool concept was introduced to appeal to the Stratosphere's European visitors, and to attract a younger demographic that had become increasingly common in Las Vegas.
Like other resorts, the Stratosphere was particularly popular in and , before the Great Recession. It featured themes based on the past four decades, with memorabilia dating back to the s.
In April , Icahn announced that he would sell ACEP and its properties, including the Stratosphere, to a Goldman Sachs affiliate known as Whitehall Street Real Estate Funds.
The sale included 17 acres of adjacent, undeveloped land. Many managers were fired and replaced under the new ownership, despite earlier assurances that such jobs would be safe from termination.
Some employees complained about the firing of their managers, which occurred while the Great Recession was underway.
Other employees stated that the fired managers were inept or stealing money from the casino, and that they showed favoritism among workers.
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This Grand Canyon day tour has it all! Avoid the crowds at the canyon as this tour picks up from select hotels, giving you more time to enjoy your destination!
Enroute to the West Rim, you'll enjoy a hot, sit-down breakfast at a restaurant. This tour also includes a bonus stop at the Hoover Dam Memorial Bridge where you can capture incredible photos of the Dam!
Continuing onto the Grand Canyon, your tour guide will tell you all about the canyon and the Hualapai Indians. Included is admission to the West Rim, VIP bus access at the Canyon, breakfast, BBQ lunch on the canyon rim and two bottles of water.
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