A partnership involving Pacific Hospitality Group, Berger Holdings and JWG Investments, an affiliate of Sunbelt Holdings, has broken ground on a new hotel in downtown Phoenix, US, on 3 September 2024.
The independent lifestyle hotel, under the Meritage Collection, is expected to open by late 2026.
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Located at the corner of Central and Adams, the four-star, four-diamond hotel will house 236 rooms.
It will also offer 23,000ft² of meeting and event space, an upscale restaurant and bar, and a rooftop bar with a pool deck on the 17th floor. Additional amenities include a spa, fitness centre, and a café.
Pacific Hospitality Group president Garrett Busch said: “This ground-breaking marks a significant milestone for the Meritage Collection as we introduce our first urban hotel in Phoenix. We are excited to expand our portfolio with the addition of this new independent property, offering the distinct blend of luxury, lifestyle, and locally inspired experiences that the Meritage Collection is known for.
“This hotel will become an icon of downtown Phoenix, reflecting the vibrant energy of the city while setting a new standard for excellence in the urban hospitality market.”
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By GlobalDataThe hotel’s design, conceptualised by Style Haus and Wild Muse, infuses the interiors with the natural beauty of the Arizona desert, incorporating elements of sun, sand, and wind.
Its construction will be funded by First International Bank and Trust.
Pacific Hospitality Group investment head Pouya Honari said: “We are particularly excited about investing in the Phoenix market, which we believe holds incredible growth potential.
“As an Opportunity Zone-qualified investment, this project supports the ongoing revitalisation of downtown Phoenix. We have great confidence in the future of this vibrant city and are committed to being a part of its dynamic growth.”
Based in Irvine, California, Pacific Hospitality Group owns, manages, funds, and develops hotels, with 12 hotels in its portfolio.
In September 2023, the group launched the PHG Evergreen Fund.
