World Market Center’s Building C Reaches Skyward

Las Vegas, NV, July 31, 2007--Excitement is mounting within the home furnishings industry as the third building of World Market Center prepares to take its place on the ever-expanding downtown Las Vegas skyline.

The 2.1 million square-foot building is scheduled for completion in 2008 and will debut with the Summer Las Vegas Market, taking place July 28 through Aug. 1. Upon completion of Building C, the first three structures of World Market Center will showcase 5 million square feet of permanent showrooms. World Market Center will have invested over $1.1 billion in the campus by the time the third building opens.

“The addition of Building C signifies a major milestone for World Market Center’s growing campus and will feature a significant roster of leading brands,” said Babs Blair, director of leasing. “With World Market Center quickly becoming the preferred market for U.S. and international buyers, the demand among manufacturers continues to escalate. We are pleased to have commitments and interest for the entire building,” she added.  

With virtually every space in Building C spoken for through signed leases and commitments, World Market Center will welcome new companies and industry leaders across all categories. A select few include Lexington, Sligh Furniture, Mohawk, Mark Roberts, and Pacific Coast Lighting. There are also significant showroom expansions planned among existing World Market Center tenants such as AICO, Standard, and Coaster among others.

At a construction cost of $550 million, the architecturally iconic Building C will stand at 16 floors with 130,000 square feet on each floor which is nearly 30 percent larger than those in Buildings A and B. In all, more than 400 showrooms are anticipated for Building C.  In conjunction with the opening of Building C, a $60-million, seven-story parking garage with 175,000 square feet on each level will also open. The parking garage will accommodate 3,600 vehicles and allow for up to 15 levels.

The third showroom structure on the eight-building campus will allow significant growth opportunities for sectors of the industry that World Market Center already caters to, such as furniture and decorative accessories. In addition, it will offer major expansion opportunities for lighting and floor coverings, as well as foster the introduction of new segments such as textile and floral and seasonal goods.

Building C’s line up includes the Las Vegas Design Center (LVDC) open daily on floors one through five which will cater to interior designer and contract specifiers and feature high-end furniture, textiles and fabrics; floors six, seven and eight feature home accent, accessory and rug showrooms; floor nine will introduce the holiday, seasonal and floral category; floor ten will feature lighting products, both portables and fixtures; and floors eleven through sixteen will boast an impressive line up of top furniture manufacturers and brands.

“We are bringing synergistic industry segments together in Building C and expect to see new buyers and expanded channels of distribution for our tenants,” added Blair.

New Names to Building C:

Spanning levels eleven through sixteen, furniture floors will dominate Building C. Case goods, dining, bedroom, upholstery, leather, home office and juvenile products will be showcased by some of the furniture industry’s most prominent and up and coming brands such as Lexington, Sligh Furniture, Huntington Furniture, Meubles Canadel Furniture, Inzane/Avenue Six.

Building C’s tenth floor will allow expansion opportunities for the lighting industry. Showrooms here will feature everything from the finest crystal fixtures, portables, fans and decorative accessories. Such recognized companies as Pacific Coast Lighting, Bel Air Lighting, and Minka Lighting will illuminate the tenth floor.

The building’s ninth floor will introduce the holiday, floral and seasonal category, with such major players as Mark Roberts, Katherine’s Collection, Celmol Inc., and Lins International.  Holiday trees and décor will be intertwined with floral showrooms and everything that goes along with floral, such as ribbon and other seasonal accessories.

When Building C opens, it will boast more than 600,000 square feet of home accessories and décor on three floors and will represent a high-quality mix and broad variety of products. A sampling of home accent companies will include Eighteen Karat International Product Sourcing, Mystic Valley Traders, Uma Enterprises, Evergreen Enterprises, and Merida Meridian.

These home accessory floors will also feature a concentration of distinguished floor covering tenants. Spanning the range of broad loom and area rugs, tenants will include Mohawk, Hellenic Rug Imports, Kas Oriental Rugs, and Jaipur Rugs.

Related Topics:Mohawk Industries, Coverings