February 1, 2007

Vegas, the Furniture Capitol?

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Ok.. not that kind of Furniture.... but a furniture capitol none the less!


LAS VEGAS, Nevada -- The builders of the World Market Center in downtown Las Vegas on Monday announced two more steps toward completing the $3 billion furniture trade center.

The steel frame of the third phase of the eight-building project started rising Tuesday and construction on the fourth building will begin by the end of the year.

The announcements about the future of the project came during the first trade event for Building B of the center, a 16-story, $345 million structure.

The event, called the Winter Las Vegas Trade Market, is expected to surpass the attendance record of 60,000 people set during the World Market Center's inaugural event in July 2005.

Las Vegas Mayor Oscar Goodman welcomed the construction news, saying that Southern Nevada would benefit by gaining a foothold in the growing furniture and household furniture industry.

"We learned a lesson on 9-11 that we could not just be a one-horse town," said Goodman, referring to the downturn in Las Vegas tourism following attacks by terrorists on New York City and Washington, D.C. "We need to have different businesses in our community."


Read more at the Casino City Times

Three Billion seems like alot for a furniture mega-warehouse, but hey.. we just gamble. It seems with Macao becoming the new gambling hot-spot, the good people of Vegas are starting to think of their fall back careers.

By the way, if you like that craps table pictured above, you can see it at Kardwell.com

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Posted by Russell Miner at February 1, 2007 12:19 PM
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