X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

CHANDLER, AZ-Construction on the first Cambria Suites hotel in the metro area will begin in early November. The $10 million, 137-room project is being developed by HP Properties on behalf of client Suenos Hospitality LLC, and will be completed by Q4 2010.

“Cambria is differentiating itself with larger suites and a few more appointments,” comments Eric M. Larson, vice president of business development with project contractor A.R. Mays Construction in Scottsdale, AZ. “The guests will find a little more technology than they might in some of the other select-service hotels, and a little more space.”

The hotel is at the corner of Chandler Boulevard and Dobson Road, near Sky Harbor International Airport and in an office area. The project architect is Rodriguez & Associates, located in Kansas City, MO.

Larson tells GlobeSt.com that the developer is envisioning more Cambria Suites developments in the area. Though groundbreaking of new hotels will depend on the economy, Larson says the southwest valley, west valley and Scottsdale have been identified as Cambria markets.

In the meantime, Larson says the fact the developer was able to obtain financing from a bank for the project offers a ray of hope in a stalled economy. “The factor that this property was well-located and the developer is a strong one with a good track record allowed them to put a loan in place,” he says.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.