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The Stratosphere Tower was the brainchild of Bob Stupak. The longtime Las Vegas casino owner had operated Vegas World at the corner of Las Vegas Boulevard and St. Louis Avenue since 1979. In 1991, he announced plans to build a landmark tower and, although there was some controversy over its height, construction soon got under way. In 1993, the project caught fire. Luckily, it was mostly concrete and there was little that could burn. Stupak had been trying to persuade Grand Casinos, Inc. to enter the Las Vegas market by investing in his project for some time. By the end of 1993, the Minnesota-based corporation acquired 43 percent of Stratosphere Corporation. Company execut...
