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Diamonds Come To Las Vegas
Las Vegas,the Gambling Capital of the World, is about to undergo a radical transformation.
No, it's not doing away with it's Casino's and Gambling. It is undertaking a very ambitious $450 million project in building the World Jewelry Center (WJC) that aims to merge trade and retail jewelry in downtown Las Vegas.
Bill Boyajian who recently resigned as President of the GIA has been appointed as Managing Director of this project.
The jewelry supercenter is being billed as a global destination for jewelry consumers, manufacturers, dealers, trade associations, and wholesalers in the gem, jewelry, and watch industries. Plans are to open the Center within four years. The World Jewelry Center is expected to have foreign trade zone status.
With Boyajian at the helm, a key component of the WJC will be an educational center that will be comprised of an a gem and jewelry museum with interactive displays and learnig center that will be targeted towards and for the benefit of visiting consumers.
Las Vegas is the fastest growing city in the U.S. and already a retailing mecca. Adding a new trade center totally geared to diamonds and jewelry looks like a winner.
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