(Editor’s note: News releases are published unedited, unless they contain factual errors.)
(PHOENIX) – Hines, the international real estate firm, and Cambria hotels & suites will host the official groundbreaking of the new Cambria® hotel & suites Chandler at Chandler Viridian on November 15 at 10 a.m.
Event speakers at the ceremony include Jack Sellers, Chandler’s Vice Mayor; Chris Anderson, Hines managing director; Michael Lusick, Choice Hotels vice president of upscale operations (Cambria is one of Choice Hotels’ brands); and Kevin McAteer, Concord Hospitality Enterprises Company senior vice president of marketing and sales.
WHAT: Chandler Viridian Groundbreaking
WHEN: Tuesday, November 15, 10 a.m.
WHERE: 3133 W. Frye Road, Chandler
Loop 101/Loop 202 interchange in Chandler near Chandler Fashion Center
(SE corner of Frye Road & Galleria Way)
VISUALS: Construction activity will be underway
Set to open in 2017, the 136-room Cambria hotel & suites Chandler will be located at the northwest corner of the Loop 101/Loop 202 interchange in the heart of the Price Corridor in Chandler, Arizona. The hotel will be an important element of Chandler Viridian, a 25-acre mixed-use project, which also includes The Offices at Chandler Viridian, high-end apartments Broadstone Fashion Center, sophisticated retail offerings at Chandler Viridian PRIMEGATE and a pedestrian promenade to the Chandler Fashion Center. The hotel developer is Concord Hospitality Enterprises of Raleigh, N.C., and the contractor is Layton Construction of Phoenix.
In November 2014, Hines razed Elevation Chandler, an unfinished structure on site and local eyesore, to develop the master plan for Chandler Viridian.
About Hines
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 192 cities in 20 countries. Hines has $93.2 billion of assets under management, including $47.9 billion for which Hines provides fiduciary investment management services, and $45.3 billion for which Hines provides third-party property-level services. The firm has 105 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,180 properties, totaling over 379 million square feet. The firm’s current property and asset management portfolio includes 483 properties, representing over 199 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information.
About Cambria hotels & suites
Cambria hotels & suites makes business travel easier—and more fun—than ever before. Offering modern décor, rooms that feel like an upgrade, and fresh, local cuisine at our Social Circle™ restaurant, Cambria makes every guest feel like a VIP. There are currently 25 properties open across the country and 30 under development in the U.S. and Canada. To learn more, visit www.cambriahotelsandsuites.com.
About Concord Hospitality
As an award-winning hotel development, ownership and management company, Concord Hospitality Enterprises Company has spent the last three decades partnering with owners and its investors on more than $1 billion in in premium branded properties across the United States and Canada. As an operator, both for third party owners and partners, Concord Hospitality instills value from the ground up, developing and managing with a sustainable viewpoint, a focus on quality and a hands-on involvement to ensure long-term profitability. Learn more at concordhotels.com.
