The opening of the World Jewelry Center (WJC) in Las Vegas will apparently be delayed for about a year, from mid 2010 to mid 2011. Managing Director, Bill Boyajian, explained the postponement stemmed from design and architectural changes as well as an overly ambitious construction schedule.

According to the original plan, the building was to include a 60-storey tower which would contain all of the retail services required in the area of jewelry, diamonds, precious gems, pearls and the watch industry. The tower`s upper floors will now be expanded to accommodate another 40 luxury condos. This section will include a spa, security services, separate elevators and a breathtaking view of the city.

One hundred companies have already signed letters of intent to sell space in the tower and half of the area of the adjacent retail center is already spoken for in similar letters of intent.

Boyajian anticipates that 400 jewelry related companies will occupy the WJC.