Sundt Construction, Inc. is the general contractor
(Editor’s note: News releases are published as submitted unless they contain errors of fact.)
Driftwood Acquisitions & Development (DAD), a company with decades of hospitality experience and a strategic focus on hotel and resort acquisitions, today announced plans to build a new Canopy by Hilton (NYSE: HLT) in Tempe, Arizona. The $60M+, 200-room Canopy by Hilton Tempe Downtown, University Area is in the heart of Tempe on University Drive, across the street from Arizona State University (ASU), one of the largest public university campuses by enrollment in the United States. DAD is purchasing the land parcel from The OPUS Group to anchor a corner of OPUS’ highly anticipated full block, mixed-use development Union Tempe, featuring two residential high-rise apartment towers connected to 31,000 sq. ft. of retail and restaurant space.