Pacific Hospitality Group (PHG), in partnership with Berger Holdings and JWG Investments, an affiliate of Sunbelt Holdings, is opening a new four-star, four-diamond Meritage Collection property, located at the corner of Central and Adams in the heart of downtown Phoenix.
The development broke ground on its newest independent lifestyle hotel on September 3, 2024, and is expected to open in Fall 2026, according to The Incentivist. This 236-room hotel is being built by Mortenson and designed by the architecture firm Gensler. When completed, it will offer 23,000 square feet of premium meeting and event space, an upscale full-service restaurant and bar, a rooftop bar and pool deck on the 17th floor overlooking the downtown skyline, a luxury spa, a state-of-the-art fitness center, and an upscale café.
“This groundbreaking marks a significant milestone for the Meritage Collection as we introduce our first urban hotel in Phoenix,” Garrett Busch, president of Pacific Hospitality Group, said in a news release. “We are excited to expand our portfolio by adding 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.”
The hotel will be developed with interior design firms Style Haus and Wild Muse. These firms aim to bring the natural elements of the Arizona desert – sun, sand, and wind—into the property’s interiors, offering a modern and luxurious aesthetic. First International Bank and Trust is providing the construction financing for the project, further supporting the financial foundation for this landmark development.
“We are particularly excited about investing in the Phoenix market, which we believe holds incredible growth potential,” Pouya Honari, head of Investments at Pacific Hospitality Group, said in a news release. “As an Opportunity Zone-qualified investment, this project supports the ongoing revitalization 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.”
