The World Market Center is having it's bi-annual convention this week and expect over 50,000 of the world's biggest movers and shakers in the furniture industry to attend. In just a short period of time, furniture industry insiders are saying the World Market Convention brings them more leads and sales than they ever had at their traditional North Carolina location - and that's excellent news for downtown Las Vegas.
And what does that mean for you, the investor and/or high rise condo buyer? While still in its infancy (it just opened in 2005), the World Market Center already's drawing record crowds from around the country looking to make deals on merchandise displayed in over 500 showrooms and is proving to become the centerpiece of downtown revitalization. Little by little, you'll see the entire industry shift to Las Vegas. Is it far-fetched to think suppliers, vendors, manufacturers and just about everyone involved in the furniture market would perhaps need a upscale condo to live in or rent? You see where I'm going here with the potential. And right now, you can still get into a downtown Las Vegas high rise or mid rise condo at attractive pricepoints that make sense to the small investor. How about Juhl, which is walking distance to the market? Or Verge with its exploding sales. Or perhaps for real high rise living, try Streamline Tower.
The bottom line is that the World Market Center's already a success. You can see it with your own eyes this week. And with plans to expand the World Market Center to over 7 buildings and 12 million square feet by 2013, it's providing forward-thinking investors with a tremendous opportunity. The question remains: Are you ready to act on it?
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