BELLINGS

City of Mesa Advancing Marriott Hotel Plans

The City of Mesa authorized the town’s city manager to negotiate a deal with a developer to construct a 5-story AC Hotel by Marriott on the northeast corner of Main Street and Centennial Way. The 85,000-square-foot hotel would consist of 150 rooms, an outdoor pool and a lounge…

The City of Mesa authorized the town’s city manager to negotiate a deal with a developer to construct a 5-story AC Hotel by Marriott on the northeast corner of Main Street and Centennial Way. The 85,000-square-foot hotel would consist of 150 rooms, an outdoor pool and a lounge…

BELLINGS Intelligence Score: 7

Why it matters

This is a routine local government approval for a hotel development project, representing ordinary commercial real estate activity with limited credit-market impact or broader significance for sophisticated finance professionals.

Sources

  • Connect CRE

    City of Mesa Advancing Marriott Hotel Plans

    The City of Mesa authorized the town’s city manager to negotiate a deal with a developer to construct a 5-story AC Hotel by Marriott on the northeast corner of Main Street and Centennial Way. The 85,000-square-foot hotel would consist of 150 rooms, an outdoor pool and a lounge…