In 1976, Bijan Pakzad opened a showroom on Rodeo, which helped to solidify "Rodeo Drive's reputation as a luxury shopping destination." Pakzad touted his Rodeo Drive store as "the most expensive in the world," but, as "Women's Wear Daily" notes in relation to the claim, "he was known for hyperbole." By 1978 the Beverly Hills Chamber of Commerce was boasting that Rodeo Drive was "the essence of the best of all the shopping centers of the world" and by 1980 the city of Beverly Hills estimated that the Rodeo Drive shopping district accounted for as much as 25% of its sales tax revenues. The building at 332 N. Rodeo was designed by Frank Lloyd Wright.