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World Market Center Breaks Ground on New Parking Garage

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World Market Center broke ground on the latest addition to the home furnishings complex – the first phase of a $60 million, seven-story parking garage on 5.91 acres with 175,000 square feet on each level. The garage is expected to be completed in June of 2008 with the first phase accommodating 3,600 vehicles. Robert Holgate, Director of Forward Planning for World Market Center, said the parking garage will be immediately north of the third building, which is currently under construction. The garage site plan allows for up to 15 levels. “The parking garage will help us accommodate our growth as new phases and new buildings come on line,” Holgate said, adding that World Market Center designed the garage with convenience and accessibility in mind. “The parking garage is located in the heart of World Market Center’s campus with easy accessibility to all of the buildings through temperature-controlled walkways and common areas. We are designing the structure to accommodate the additional growth and have received site development approvals and the current plan check review process is underway with the City of Las Vegas.” PENTA Building Group is the general contractor for the parking garage as well as Building C, which World Market Center broke ground on in September 2006 and is also scheduled to open in 2008. Prior to the completion of the parking garage, World Market Center has a license agreement for 25 acres to be used for parking through December of 2008 along with an additional 16.9 acres nearby for staging. World Market Center is an integrated home and hospitality contract furnishings showroom and convention complex in Las Vegas. When fully built, at 12 million square feet in 8 buildings, World Market Center will be the largest trade show complex in the World. The 12 million square foot campus will be complete by 2013 and will showcase furniture, decorative accessories, lighting, area rugs, home textile and related segments, as well as the Las Vegas Design Center (LVDC) open year-round to the trade. The second building will open in January 2007; officials are now leasing the third building to a broad cross-section of the home furnishings industry. For more information on Las Vegas Market, and to find out about leasing or exhibiting opportunities, visit the website or call 888-WMC-SHOW (962-7469).

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