Hotel Monroe

Project Type(s): Hotel

Project Year: 2014

CDE(s): Phoenix Community Development and Investment Corporation

NMTC amount: $30,000,000

Total Project Costs: $44,000,000

The Hotel Monroe project is located in heart of downtown Phoenix along the light rail transit corridor. This $41 Million project will take a 156,968 sq. ft. National and Local historic landmark building that has been vacant for more than 25 years and turn it into a Hilton Garden Inn (HGI) hotel that will serve business travelers, student traveler, and tourists in downtown Phoenix market. Situated in the heart of downtown Phoenix along the light rail line, the HGI is estimated to open in Dec 2015.

Additional Project Profiles:

Hotel-Monroe

Project Map:

Address: 15 East Monroe, Phoenix, AZ

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