The property, which occupies the northwest corner of SandsAvenue and Paradise Road, was the only piece of land abutting WynnLas Vegas that Wynn Resorts did not own. The company now owns allland bounded by Las Vegas Boulevard and Paradise Road on the westand east, and East Desert Inn Road and Sands Avenue on the northand south. A Wynn Resorts representative did not respond to arequest for comment on its future plans for the property.

Acquired for $5 million about 10 years ago, the Chamber sold itslong-time headquarters in favor of leased space at Town Square, anew $750-million, 117-acre mixed-use project nearing completion onLas Vegas Boulevard South, just south of East Sunset Road. Chamberspokesperson Cara Roberts says the Chamber had outgrown its spacein the headquarters building and because the term remaining on thesubleases wouldn't have been able to absorb additional space "forquite some time."

In addition, she says Towne Square is more centrally located forvisitors and members and the build-out will allow for more memberamenities, such as a business and research center and a memberlounge. The Chamber signed a 10-year lease for its new digs andexpects to make the move in November.