By Raquel Hendrickson | InMaricopa
Maricopa could have a hotel in place by 2020 if a newly signed agreement with Commercial Properties Inc. (CPI) goes according to plan.
Cecil Yates, property management director for CPI, told the Maricopa City Council he already had three hotel users interested. CPI was selected in May to develop 18.3 acres at Copper Sky for mixed-use commercial, including a hotel.
A master planning and marketing agreement approved by council Tuesday is in place for three years, with three one-year extension options. It gives CPI 30 days to present a master plan for what is currently called Copper Sky Commercial Property.