Phoenix—Mortenson is developing and building a Hampton Inn & Suites by Hilton, a 210-key hotel in downtown Phoenix.
This is the second Hampton Inn & Suites that Mortenson has developed in the past three years, but the first in the Phoenix area.
“Our site is strategically located to capture hotel demand from the city’s core central business district as well as from ASU and the Phoenix Biomedical Campus,” Nate Gundrum, Mortenson’s director of real estate development, said in a prepared release. “The strength of our location, combined with the strength of the Hampton flag will be a great addition to the downtown Phoenix lodging supply.”
Set to be built at the intersection of N. 1st and E. Polk streets, the hotel will be centrally located near entertainment and business, and immediately south of the downtown campus of Arizona State University.
Construction on the 11-story hotel will begin later this month and is scheduled for completion in summer 2018. The hotel is being designed by PK Architects and Design Force.
According to CBRE’s latest hospitality market report, the hospitality market in Phoenix continues to strengthen with the growing demand in the area.
Mortenson’s current and recent hospitality development projects include two AC Hotels by Marriott in Minneapolis, Minn. and Portland, Ore.; a JW Marriott and a Radisson Blu at Mall of America, Bloomington, Minn.; the Hyatt Regency at the Oregon Convention Center in Portland; expansion of the Hotel Commonwealth in Boston; and the Marriott HARBORCENTER in Buffalo, N.Y.