Catellus, Mortenson begin construction on new hotel in Arizona, US

WCN Editorial Team 25 Apr 2019 NORTH AMERICA BUILDINGS

Real estate development company Catellus Development and the US-based construction firm Mortenson have broken ground on new eight-storey dual-branded hotel in the Novus Innovation Corridor in Tempe, Arizona in the US.

The Novus Innovation Corridor is a multi-phase, development positioned along Tempe Town Lake on the Arizona State University (ASU) campus.

A public/private partnership between ASU and Catellus, the Novus mixed-use development is expected to create approximately 20,000 new jobs and bring 5,000 new residents to the downtown Tempe area.

Planned to be built north of the northeast corner of the intersection of E. Veterans Way and E. 6th St. in Tempe, the 259-room Mortenson hotel will form part of the Hyatt Hotels under the Hyatt Place and Hyatt House flags.

Mortenson said that infrastructure activity has already commenced in late 2018 to prepare for the first hotel, multifamily residential, multi-tenant office and parking garage within the Novus property.

Mortenson real estate development director George Forristall said: “This hotel will provide guests a welcoming place to stay, gather and enjoy downtown Tempe with immediate access to ASU’s largest sporting venues and the Novus Place retail and hospitality amenities.

“It’s an ideal step in the transformative development of the Novus Innovation Corridor into a world-class, mixed-use urban community.”

The LEED certified Mortenson hotel with comprise rooftop amenities, which will include a pool, bar, outdoor gathering area and fitness centre.

Scheduled to be completed in summer 2020, the hotel will include an open lobby, shaded patio spaces and banquet, meeting, and outdoor event spaces.

Arizona State University Real Estate assistant vice-president John Creer said: “As a hub for the region’s higher education and business communities, hospitality developments like this are both complementary to the lifestyle experience we are creating and essential to the establishment of Novus as an innovation zone that will advance ASU’s mission and contributions to Arizona’s economic development.”

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Image: Construction begins on dual-branded hotel in Novus Innovation Corridor in Tempe, Arizona. Photo: courtesy of M. A. Mortenson Company.

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