Diversified Partners broke ground on a new mixed-use development on the corner of Elliot and Ellsworth roads. A 107-key Cambria Hotel will highlight the $40 million venture. The Cambria Hotel is expected to open by September 2025. The more than 90,000-square-foot hotel will include a rooftop bar, kitchen for banquets and private events, and a first-floor restaurant and lounge. 

The Phoenix Business Journal reports Diversified Partners anticipates the buildout for shell spaces at Eastgate Plaza to take about 11 months before it hands off the building to the tenants for a possible opening date by the first quarter of 2025. There is an additional pad that would work as a restaurant. Eastgate is adjacent to Eastmark, one of the top master-planned communities in the state (photo).

Canyon Building & Design is the construction management group overseeing the buildout while RKAA Architects is the architect of the project.