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Las Vegas World Market

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The World Market is one of the ost exciting additions to

Las Vegas, with a total value that will exceed $2.9 billion, expecting to generate approximately $22 million in annual property taxes upon build-out.  The World Market Center sponsors semi-annual trade shows attended by thousands of national and international furniture buyers and representatives.  Since it opened its first doors in 2005, the center has provided more than 1,500 full-time, permanent jobs and when completed, it will provide a total of 45,000 direct and indirect jobs for the

Las Vegas market.

By utilizing the city of Las Vegas Redevelopment Agency’s Tax Increment Financing incentive program the

World

Market

Center has also produced a number of public improvements.  These include storm drainage, site lighting, fencing, sidewalks and retaining walls.  It will also offer 7,400 parking spaces to accommodate its trade shows and events.  It has contributed significantly to increased convention attendance and tourism in Las Vegas, Henderson and

North Las Vegas.

Posted: June 1st, 2007 under Las Vegas Real Estate News, Downtown Las Vegas, Las Vegas Redevelopment.
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