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1M-SF 'World Jewelry Center' In the Works

LAS VEGAS-Slated for land across from World Market Center, plans include a 50-story tower topped with luxury residential condominiums and an adjacent three-level retail jewelry center, museum and café.

By Brian K. Miller | Updated on October 25, 2006

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

LAS VEGAS-Developer Robert Zarnegin of Beverly Hills, CA tonight will unveil plans for one-million-sf complex here designed be a one-stop shop for both the jewelry industry and the consumer. Plans include a 50-plus story trade tower that would house corporate jewelry and gem offices and luxury condos, and be closed to the general public and, next to it, a three-level public space filled with retail jewelry shops, a museum and a café.

Zarnegin, president of the development firm Probity International Corp., won city council approval in July to develop the 5.4-acre site in the vicinity of South Grand Central Parkway, West Charleston Boulevard and Interstate 15. Neighboring developments include World Market Center, the new trade complex for the home furnishings industry, and Las Vegas Premium Outlets.

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