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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 unveiled plans Wednesday night for one-million-sf complex here designed to 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, which is a new trade complex for the home furnishings industry, and Las Vegas Premium Outlets.

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