History
In the early 1990s, The Stratosphere was conceived by Bob Stupak as an addition to his Vegas World casino. At the conception of the project, one of the planned rides was to be a giant ape that would carry riders up and down on one of the tower's columns. The original plans envisioned the Stratosphere exceeding the height of the CN Tower at 1,815 ft (553 m), making it the world's tallest freestanding structure at that time. However, due to possible interference with nearby McCarran International Airport, and any possible flights that come through Las Vegas, the Tower's proposed height shrank multiple times, bringing it to its current height of 1,149 ft (350 m).
On August 29, 1993, the Tower caught fire while still under construction. No one was injured, but the fire forced repairs and rebuilding that led to numerous delays in the construction of the Tower.
In 1995, Grand Casinos was brought on as an equity partner for the still privately funded project under construction. While construction was still progressing, the Stratosphere Corporation was formed as a public company with shares being offered to the public.
The Stratosphere opened on April 30, 1996. Shortly after opening, the Stratosphere Corporation was forced to file bankruptcy. This caused construction on the second tower to stop, with only a few stories partially built, and it allowed Carl Icahn to gain control through one of his companies by buying a majority of the outstanding bonds.
A major addition was completed in June 2001 for $1 billion that included finishing the 1000-room second hotel tower.
In the early 2000s, the company attempted to get approval for a roller coaster that would run from several hundred feet up the tower and, in the last proposal, across Las Vegas Boulevard. Part of that last proposal included an entry monument on the ride over Las Vegas Boulevard welcoming people to the City of Las Vegas. The Las Vegas City Council did not approve the project due to objections from the neighbors over possible noise from the enclosed cars on the proposed ride.
In January 2010, American Casino & Entertainment Properties announced a new thrill ride for the top of the tower: SkyJump, a controlled descent, bungee jumping–like ride that will allow riders to plummet 855 feet (261 m) attached to a high speed, descent wire. It opened on April 20, 2010.
Radio stations KOAS 105.7 (FM) and KVGS 107.9 (FM) have on-channel FM boosters broadcasting from an antenna at the top of the tower's structure. Licensed as KOAS-FM1 and KVGS-FM1, they are the only radio stations with transmitters at the tower. However, the signals being transmitted from this structure are relatively low-power and only cover the immediate Las Vegas area on a "fill in" or "booster" basis. Both of these stations have their main transmitter sites located elsewhere, and those transmitter sites are what give these stations more wide spread, regional coverage.
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