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City OKs $500M Phase of World Market Center

LAS VEGAS-The 2.1-million-sf third phase will result in the largest and most diversified showroom structure planned for the eventual 12-million-sf home furnishings campus.

By Brian K. Miller | Updated on June 11, 2006

(For more retail coverage, click GlobeSt.com/RETAIL.)

LAS VEGAS-The City of Las Vegas has approved plans for the most significant phase of World Market Center. The planned 12-million-sf, eight-building development on 57 acres is being dubbed the largest home furnishings trade complex in the world.

The city last week unanimously approved plans for the $500-million third phase of the project, which includes a 16-story building and an adjacent nine-story parking garage. The building will total 2.1 million sf and be the largest and most diversified showroom structure planned for World Market Center. About 15% of the space is already committed.

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