Exciting New Project: Dual-Branded Hotel Set to Transform Hospitality
New Dual-Branded Hotel in CityNorth
LaPour Partners and Holualoa Companies are set to embark on an exciting new project— a dual-branded AC Hotel by Marriott and Element by Westin. This innovative hotel development will rise 8 stories high and will feature an impressive 240 guest rooms. Built with versatility in mind, it will include 5,700 square feet of indoor-outdoor meeting space, making it a prime destination for both travelers and business professionals alike.
Features of the New Hotel
The AC Hotel by Marriott will host 142 guest rooms, while the Element by Westin will provide an additional 98 extended-stay accommodations. Conveniently situated within a larger mixed-use development plan, visitors will enjoy easy access to nearby restaurants, retail options, and entertainment venues. The hotel's location also allows for seamless access to Loop 101, an essential artery in the local transportation network.
Anticipated Timeline for Development
Groundbreaking for this striking dual-branded hotel is on the horizon, with plans targeting Summer 2025 for the start of construction and a projected completion timeline set for early 2027. This follows LaPour and Holualoa's previous successful collaboration on the award-winning Marriott AC Biltmore, which was honored as Marriott Hotel of the Year in 2022.
Economic Growth and Potential
In discussing the project, Jeff LaPour, president of LaPour, noted the strategic importance of the hotel's location, brand, and design, emphasizing how they cater to the growing demands of the Loop 101 business corridor. As the area undergoes rapid growth, it is also seeing significant corporate expansions, including partnerships with institutions like Mayo Clinic and ASU Biomedical campus.
Unique Amenities to Attract Guests
Amenities planned for the hotel include a relaxing saline pool, inviting AC Lounge, Element Rise, outdoor fireplaces, barbeque areas, and suites complete with balconies. Guests can also look forward to facilities like a sundry market, AC Kitchen, and guest laundry. Moreover, to align with modern sustainability efforts, the hotel will feature EV chargers, contributing to its pursuit of GreenKey Certification, a recognized benchmark for environmental responsibility in the hospitality sector.
Future Developments in CityNorth
The larger CityNorth area is seeing significant planning and investment, with plans for over 2 million square feet of office space, around 3,400 multifamily units, and 1,000 hotel rooms. This expansive plan will also include a rich blend of retail and dining experiences. Positioned alongside Desert Ridge Marketplace and close to the bustling High Street retail zone, CityNorth is expected to emerge as a vibrant community hub over the next decade. Greystar Development is already making significant strides in the area, having completed the luxurious Sunela multi-family development and more projects in progress.
Corporate Presence at CityNorth
A key milestone for the CityNorth area includes Republic Services announcing its new headquarters, which is expected to be completed in 2025. This move will create numerous job opportunities, reflecting the area’s growing corporate appeal.
About LaPour Partners
With a rich legacy spanning 25 years, LaPour Partners has built a reputation for excellence in real estate development across various sectors including hospitality, industrial, and office spaces, prominently throughout regions like Arizona, Colorado, and Nevada.
About Holualoa Companies
Holualoa Companies is a real estate investment firm dedicated to enhancing neighborhoods through the successful development, acquisition, repositioning, and disposal of real estate assets. Their commitment extends not only to profitable ventures but also to fostering positive community impact.
Frequently Asked Questions
What is the purpose of the new hotel being developed?
The new dual-branded hotel aims to enhance hospitality offerings and support the growing demands of the local business corridor.
When is the groundbreaking scheduled for the hotel?
Groundbreaking for the dual-branded hotel is planned for Summer 2025.
What hotels are included in this dual-brand project?
The project includes an AC Hotel by Marriott and an Element by Westin.
What amenities will the hotel offer?
Amenities will include a saline pool, AC Lounge, outdoor fireplaces, and EV chargers, among others.
How does this project fit into CityNorth's development plans?
This hotel is part of a larger plan that includes residential units, office spaces, and retail options, aimed at fostering economic growth in CityNorth.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. If any of the material offered here is inaccurate, please contact us for corrections.