Hide Article Text (OCR)
gvngrinLICENSING NEARER—The oft-photogr*phpd Landmark Tower, 31 vtoriev tell, might be opening within the ne«t month. Nobody’v sure, but investigation of gaming applicants is drawing to a close. Thp project was begun in 1961. (SUNfo*o by Jim Barrows)Landmark Tower: On Again—Off AgainRs JIM B \IIROW S S| \ City I rfiiitt•vadas tallest budding. landmark er, could open for business in midThen again, it might lie later Rut such is I ho history of the now earning 31-story shaft on which con ruction began in November, l%lIt remained 80 per ceni completed for ,e years, an eyesore to Convention •nter visitors and a black eve to the is Vegas economy. \ massive (*? S ill ion» loan from ihe Teamsters Pen •n fund pushed it to completion, a dge administered in Niignst. !%•I is opening mgbi problems revolve ound background investigations of li nsees and kev casino employes. These ke time, and the latesi list of employes isn't submitted until a month ago Phe Nevada G anting Control Roatd ist act on these applicants within 90 vs.tnginal licensing bids were submitted December, hut there were so many w people in the February lists, the ‘arances will take at most until May. lea*.!, until the March ?n meeting of* Gaming control Roard in ' arson tv.Phen cnmos consideration by the ard s parent Nevada Gaming Commis n. scheduled to meet in l.as Vegas trch ».Kinal state licensing approval, then, nld he given March 2$ rhere remains the task of Clark Conn* licensing, a chore left to the county’s pinr and Gaming Control Roard We re not quite finished our investiga ns.” state gaming investigators told• SI N yesterday.Neither are we.’” said countv license icialslt;oih agencies conceded the investi tions could he finished very shortly 'he muntv agem \ is awaiting state [roval of the Landmark license, and I probably consider the county liquor I gaming licensees April 10 (Ihe next ;ular meeting), possibly sooner.onsiniction stopped on Landmark iver H months after it Oegan There s a hassle of soils vvdh the architecl had been planned as a H-stnry build-but the Mint Motel decided to he ler. and its owners wanted the tallesl Iding aroundhe ‘ space race is generally eon led to he the cause of Landmark’s Iding setbacks Sppliance Rtiyers •dit Corp. (ARCC) of Chicago, a irlpool subsidiary, loaned developer ink Caracciolo upwards of J1 million ruiild it (Frank also goes by the name Frank Carroll.)he building. inspired hv Ihe Space“die at Ihe Spanlr World’s Lair. grewupward at the corner of Paradise Road and Convention ' enter Drive \RCC cut off further loans in December. 1%?. Work stoppedIt was not to resume until the fall of IWfi, when the Teamsters Fund loan was made.\ duster of shops and taverns at thp base of the shaft was demolished, a service si at inn, removedTourists and locals alike inked about the building’s slant.A regular leaning Power of Pisa, they called it. hut thp building was plumb. Ii was nearby utility poles, .set ai the wrong angles, that gave the slant'appearanceIts costs now is a matier of ‘■onjec lure, hut k presumed to he well over the till million alreadv announced hv inIIs builders finally made it ihe state's tallest building, too. Without its new tip lop sign, it measures W-j feet high The Mini is 290 feel tall, counting its sign.Two group* are seeking licensing in Landmark Tower. Landmark Hotel and Casino, the landlord group. Ihe Plaza Tower Operating Corp., the casino op erating groupKey licensees in Ihe casino applica Hon are Carroll, with a .Sfi per cent in terest. Louis P Scherer, its secretary treasurer. 12 per ceni; and veteran Las Vegas casino executive Richard F. Parker, one per rent.Scherer. 89. is a longtime contrador. both in California and Nevada He lives in Redlands, CalifCarroll. 4ft. has been in contracting work in Nevada since 1918Parker, who would he executive vice president of the casino group, has worked in l.as Vegas rasinlt;*s once 1949 \ged 11 now. he was most recently cashier at the Deserl Inn.I he landlord group. Plaza Tower Inc., would get a monthly rental and a per rentage of the casino profits Carroll owns per cent of this operation; Sheldon Sandler, a Kansas City attorney, five pet cent Sandler 18. has been practicing law for 18 yearsOthers in the landlord group include Carroll's wife. Susie, co-owner of Car roll Construction Company for the last 21 years; Scherer. George T Rathe. .VS. owner of the Kopper Kettle Restaurant chain in Kansas City; Rernard L. Dal tin. 32, a Harvard I aw School graduate and Kansas City lawyer; and Hugh V Wallace, .SO. a co-owner of Rathe's res taurant chain.Wesley James. 82, a retired Riverdale. S D . auto dealer, would have .VII per cent of the keno concession. Plaza Tower Operating Corp, the other half
Newspaper Details
Las Vegas Sun
Las Vegas, Nevada, US
Sun, Mar 10, 1968
Page 8
Full Page
Clipped by
A J.
NV, USA 12 Oct 2017
Other Publications Near Las Vegas, Nevada
Las Vegas Times
Las Vegas Age
Las Vegas Big Job
Las Vegas Review Journal
Las Vegas Sun
