The 14.75-acre development site is located on West Twain Avenue at Dean Martin Drive, which is across Interstate 15 from Caesar's Palace and the Mirage. Wyndham's Fairfield Resorts Inc. acquired the property for $1 million an acre in late 2005, according to Clark County property records.

The first phase of Wyndham Desert Blue will feature a mix of units ranging from one to three bedrooms, plus 50 suites, that would be housed in a 19-story building. First-phase amenities will include a pool, recreation room, computer library, game room and fitness center. The timing and size of three future phases has not yet been determined.

WVO, which has developed or acquired 145 properties, is an Orlando-based division of Wyndham Worldwide of Parsippany, NJ. In explaining the new Las Vegas development, WVO chief executive Franz Hanning said the company's Las Vegas operations have enjoyed "tremendous growth" since the company's arrival in the market eight years ago. "To date, we've sold nearly $1 billion worth of product in this market alone," he said.