Mortenson Hotel Project – Hyatt Place/Hyatt House
AZ Big Media covers the construction of Mortenson’s dual-branded hotel at Novus
With construction already underway on a number of new projects, master developer Catellus Development Corporation (Catellus) today announced it will bring a 259-room, dual-branded hotel to the Novus Innovation Corridor (Novus) in Tempe through a partnership with national developer and builder Mortenson.
The eight-story hotel, located just north of the northeast corner of the intersection of E. Veterans Way and E. 6th St. in Tempe, will be constructed on a .98-acre footprint within walking distance of Sun Devil Stadium, and is immediately adjacent to Wells Fargo Arena and the planned Multi-Purpose Arena. Amenities will be suited to visitors attending Arizona State University athletics games and events.
Infrastructure activity to prepare for the first hotel, multifamily residential, multi-tenant office and parking garage within the Novus property began in late 2018.
The Mortenson hotel project will be a part of the Hyatt Hotels Corporation under the Hyatt Place and Hyatt House flags.
“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,” said George Forristall, director of real estate development at Mortenson. “It’s an ideal step in the transformative development of the Novus Innovation Corridor into a world-class, mixed-use urban community.”