July 5, 2026 10:42 pm
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$200M hotel, condo, apartment development moves forward in downtown Phoenix

A rendering of Presidential District
A rendering of Presidential District

By Mike Sunnucks | Phoenix Business Journal

A planned $200 million boutique hotel, condo and apartment development is moving forward in downtown Phoenix.

Developer Mike Lafferty’s project is slated to include a 150-room boutique hotel, conference center and hundreds of apartments and condos.

The project is called the Presidential District and is bounded by 11th and 12th streets and Washington and Jefferson streets east of Chase Field.

Lafferty said he’s been working to make the Presidential District a reality for years.

Continued:

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