Park Place to Build New Tower at
Caesars Palace

LAS VEGAS, NV - The Stratosphere Casino Hotel and Tower will add an outdoor event center as part of its $75 million expansion project.

The new venue will host headline entertainment and special events, such as world-class boxing, announced Stratosphere officials on May 21.

The outdoor event center will be located on the north side of the property - the entrance adjacent to the Stratosphere Buffet. The venue will seat 3,750 guests. Seating will consist of 2,140 bleacher seats and 1,610 chairs. Construction is scheduled to begin in late June with a launch date of early September.

The outdoor event center will feature headline entertainment and special events such as world-class boxing. "We will launch in September with one of the greatest acts around. We will be officially announcing the act and the dates in June,'' said Chuck Davison, director of marketing for Stratosphere. "Beyond the big name entertainment, we wanted a versatile venue for other events, namely boxing. We are currently working with a boxing promoter to finalize a deal for the fall.''

The outdoor event center is the final component of the Stratosphere's $75 million expansion project. The project also includes a 1,000-room tower with 100 suites, many with oversize spa tubs that overlook the Las Vegas Strip; a 67,000-square foot resort pool and recreation deck; the vintage Vegas-themed Lucky's Cafe; a Tex-Mex Grill and Oyster Bar; an expanded and improved buffet; and a full remodeling of the casino. The project will also include a new valet entrance and porte cochere, gift shop, and a tour and travel lobby.

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