Planet hollywood when was it built

Under Renovation. Under Demolition. A mixed-use tall building contains two or more functions or uses , where each of the functions occupy a significant proportion of the tower's total space. Support areas such as car parks and mechanical plant space do not constitute mixed-use functions. Mixed-Structure Utilizes distinct systems e.

Composite A combination of materials e. Examples include buildings which utilize: steel columns with a floor system of reinforced concrete beams; a steel frame system with a concrete core; concrete-encased steel columns; concrete-filled steel tubes; etc.

Official Website. Architectural Height is measured from the level of the lowest, significant, open-air, pedestrian entrance to the architectural top of the building, including spires, but not including antennae, signage, flag poles or other functional-technical equipment.

To Tip Height is measured from the level of the lowest, significant, open-air, pedestrian entrance to the highest point of the building, irrespective of material or function of the highest element i. Floors Above Ground The number of floors above ground should include the ground floor level and be the number of main floors above ground, including any significant mezzanine floors and major mechanical plant floors.

Mechanical mezzanines should not be included if they have a significantly smaller floor area than the major floors below. Similarly, mechanical penthouses or plant rooms protruding above the general roof area should not be counted. Note: CTBUH floor counts may differ from published accounts, as it is common in some regions of the world for certain floor levels not to be included e.

Construction Schedule. How far is Planet Hollywood from Mandalay Bay? Who owns the casinos in Vegas? How many floors does Planet Hollywood Las Vegas have? Is Planet Hollywood being sold? Casinos rarely go up for sale on the Strip. Does Sylvester Stallone own a restaurant? In , Planet Hollywood opened its doors to much fanfare. Who started Planet Hollywood? Keith Barish.

Who owned the Aladdin casino? Where was the Dunes Hotel in Las Vegas? Bellagio now stands on the former grounds.

A strong asset of the Planet Hollywood concept was that each unit sold licensed Planet Hollywood merchandise as well as serving food and drinks. Items of all kinds were sold, from key rings and T-shirts, to sweatshirts, watches, and leather coats. Sales of this merchandise helped boost Planet Hollywood's profit margins considerably above those achieved at other restaurants that relied solely on food to bring in profits.

Merchandise became so popular that within a few years, the company began to open separate retail stores called 'Planet Hollywood Superstores,' a move that further increased yearly profits. In , Planet Hollywood continued its aggressive expansion program, and units continued to open worldwide. They began recruiting professional sports figures to invest in the concept, drawing in people such as hockey great Wayne Gretzky, football icon Joe Montana, and basketball superstar Shaquille O'Neal.

Plans for the new restaurants included a menu of 'stadium cuisine' supplemented by home cooking and sales of professional sports merchandise and souvenirs. Also in , the company opened what would soon become its highest-grossing Planet Hollywood unit, in Las Vegas. Unlike most previous units, which seated approximately people, the Las Vegas restaurant was designed to seat and was planned by Rockwell so that there would be no 'bad' seats.

The unit's opening rivaled a sporting event or the Academy Awards in magnitude, in that it drew a crowd of more than 10, people who packed themselves into stadium-like bleachers nearby to witness the stars' arrivals at the event. Later that year, the entrepreneurs opened another seater in Orlando's Disney World, which made Earl and Barish owners of the two highest-grossing restaurants in the United States.

At that point, Planet Hollywood was composed of 18 units around the world, and the company was projecting the addition of 17 more during The Planet Hollywood chain was expanding almost on its own, so Earl decided to begin focusing his attention and energy on other avenues of growth while the chain took care of itself.

Meanwhile, plans were in the works to develop a theme-restaurant chain based on characters from the Marvel Comics series. Also, television game-show producer King World began working with Roseanne Barr's production company on a 'Planet Hollywood Squares' television game show, which was to be a revival of the original 'Hollywood Squares' from decades past with a new Planet Hollywood twist.

With Planet Hollywood quickly becoming a household name, the company decided to go public in Furthermore, Marvel Entertainment Group, Inc.

Some began to wonder whether Planet Hollywood was spreading its resources too thin, and speculations surfaced as to whether the company would be able to continue the growth trend that it had been experiencing for the past five years. Earl maintained ambitious goals to keep the company expanding by 30 to 40 percent each year, in both the number of restaurant locations and in annual revenues. Criticisms of that plan, however, focused on the idea that the more units that were opened, the less novel a customer's experience in patronizing the restaurant chain, which could lead to a drop in sales.

Furthermore, theme restaurants were popping up all over the country, providing Earl and Barish with intense competition. Many customers thus viewed these restaurants as the 'originals.

Nevertheless, stock price began to falter as scepticism about the future of the company increased. Despite a rise in profits and revenues in , an aggressive growth strategy fueled speculation that Planet Hollywood would not be able to finance its rapid expansion. Management's narrow focus on diversification became apparent as the firm's core business--the Planet Hollywood restaurants--began to show signs of neglect; menu prices were high, food was mediocre, and service was below average.

William Baumhauer was then hired as president, and the management looked to his turnaround skills to have a positive impact on the company's finances.