200-room hotel, office high-rise will replace downtown Phoenix parking lot

Downtown Phoenix. / City of Phoenix.

 

By Jessica Boehm | Arizona Republic

Downtown Phoenix is getting another trendy, high-rise hotel and office building.

The Phoenix City Council has agreed to sell a small piece of property at Central Avenue and Adams Street for $2.8 million to Berger Holdings. The development group plans to build a 20-story “lifestyle hotel” with a “creative office component.”

“We are excited about the project, and we are bullish on downtown,” Berger Holdings founder Darryl Berger Jr. said.

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