December 18, 2024 11:02 am
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Mortenson will build 259-room hotel in Tempe’s Novus Innovation Corridor

AZBigMedia

AZBigMedia

With construction already underway on a number of new projects, master developer Catellus Development Corporation (Catellus) today announced it will bring a 259-room, dual-branded hotel to the Novus Innovation Corridor (Novus) in Tempe through a partnership with national developer and builder Mortenson. 

The eight-story hotel, located just north of the northeast corner of the intersection of E. Veterans Way and E. 6th St. in Tempe, will be constructed on a .98-acre footprint within walking distance of Sun Devil Stadium, and is immediately adjacent to Wells Fargo Arena and the planned Multi-Purpose Arena. Amenities will be suited to visitors attending Arizona State University athletics games and events.

Infrastructure activity to prepare for the first hotel, multifamily residential, multi-tenant office and parking garage within the Novus property began in late 2018.

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