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Catellus Breaks Ground on Dual-Branded Hotel in Tempe
Catellus Development Corporation plans to build a 259-room, dual-branded hotel to the Novus Innovation Corridor in Tempe, AZ through a partnership with national developer and builder Mortenson. The property will fly under Hyatt Hotels Corp.’s Hyatt Place and Hyatt House banners, and is anticipated to deliver mid-2020.
The eight-story hotel at E. Veterans Way and E. 6th St., will rise on a .98-acre site close to Sun Devil Stadium, Wells Fargo Arena and the planned Multi-Purpose Arena. Amenities at the property will cater to fans attending ASU athletic games and events. The hotel is anticipated to be LEED-certified, with rooftop amenities that include a pool, bar, outdoor gathering area and fitness center.
Mortenson’s George Forristall says, “It’s an ideal step in the transformative development of the Novus Innovation Corridor into a world-class, mixed-use urban community.”
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Development