Downtown Las Vegas Opens Doors To New World Market Center Building C

World Market CenterDowntown Las Vegas opens doors to new World Market Center building C.  This week, one of the three building campus, opened a $550 million building.  Despite the economic conditions across the country the 17 story building welcomed furniture suppliers and manufacturers.

The week marks the summer market a weeklong event, one of two annual, at World Market Center.  The previous furnishings event took place in January.  These events are closed to the general public.  Many retailers from across the country travel to Las Vegas, Nevada to pick products for the upcoming season.

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World Market Center Furniture Mart In Las Vegas Delays Construction

World Market CenterWorld Market Center furniture mart in Las Vegas real estate delays construction start date.  The unstable credit and real estate markets have added second thought for developers with new construction across America.

The 12 million square feet mega project downtown Las Vegas says its investors are still committed to building the $3 billion development.  The markets are making it very difficult for the immediate continuation of the next phase.

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World Market Center Las Vegas 3rd Building Sold Out Ahead Of Schedule

World Market Center 3World Market Center Las Vegas third building is leased ahead of schedule. Building C is a 2.1 million square foot building at the World Market Center real estate. This commercial building is worth $540 million and make the World Market Center 5 million square feet totalling $1.1 billion. The entire Las Vegas commercial development is scheduled for completion in 2013 with a total of 12 million square feet and worth $2 billion.

Shawn Sampson and Jack Kashani eight years ago thought of the idea of The World Market Center in Las Vegas, Nevada. Three years ago the Related Cos. LP from New York, NY helped finance the project.

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World Market Center Las Vegas Towers I-III Construction Progress News

World Market CenterWorld Market Center Las Vegas real estate opened it’s second building totaling 1.6 million square feet along with hosting the Las Vegas Market, the home furnishing trade show and convention. The Center is 16 stories and worth $345-million of the total eight buildings that will cost $3 billion. The 12 million square feet in the eight buildings makes it the world’s largest trade show complex.

The 1.3-million square feet World Market Center Tower One building opened fully leased in July 2005. The $345-million Market Center Tower second building was fully leased in August. The largest World Market third building with 2.1 million square feet started construction in October and is scheduled for completion in 2008.

The World Market Center Las Vegas commercial real estate is an integrated hospitality and home contract furnishings convention complex and showroom in Las Vegas, Nevada real estate where manufacturers and designers and lease space to show off their latest products to worldwide wholesale buyers. There were close to 60,000 furniture designers, retailers, manufacturers and specifiers are expected to attend 1,200 exhibitors at three show locations.

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World Market Center Las Vegas Real Estate Expects Huge Growth

World Market CenterWorld Market Center Las Vegas real estate is headed for an exponential expansion. Las Vegas Market, the organizing entity of the World Market Center, is looking at producing over a dozen additional trade shows per year, including a gift-industry market in Las Vegas. The gift-industry market would have a building only for the gift exhibitors.

Approximately 14 annual trade expos will be held at the World Market Center real estate once the market reaches its build out of eight buildings and 12 million square feet of exhibit space in 2013.

The Las Vegas Redevelopment Agency initially anticipated six shows, with that number growing to 15, including the two furniture shows. The third World Market Center building, Building C, 16-story tower, a 2.1 million square-foot, is expected to open in the summer 2008.

The market would eventually grow to produce trade shows focusing on furniture-related industries. There could be two large markets and 10 to 12 smaller markets. We’ll probably open up to a couple segments like lighting fixtures and floor coverings.

Facilitating the production of those trade shows will be 400,000 square feet of exhibit space built into both Buildings D and E. That space can be used to house other trades. Continue reading World Market Center Las Vegas Real Estate Expects Huge Growth

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