Sheraton Phoenix Downtown Explained

Sheraton Phoenix Downtown
Completion Date:2008
Location:340 N 3rd Street
Phoenix
Coordinates:33.4522°N -112.0706°W
Status:Completed
Start Date:March 28, 2006
Opening:September 30, 2008
Building Type:Hotel
Roof:360feet
Top Floor:31
Floor Count:31
Cost:$350 million (USD)
Architect:Architectonica, RSP Architects
Main Contractor:Perini Building Company
Owner:The Blackstone Group

The Sheraton Phoenix Downtown is a $350 million (USD), high rise convention hotel, located on 3rd Street north of Van Buren Street in Downtown Phoenix, Arizona, adjacent to the Arizona Center office/retail complex and the Phoenix Convention Center, which had its North building opened in early 2008. At 31 floors it has surpassed the Hyatt Regency Phoenix, at 24 floors, as the tallest hotel tower in Arizona.

In July, 2003, the Phoenix City Council approved the USD $350 million convention center hotel, to be owned by the city, and developed and operated by Sheraton Hotels as a Starwood facility. On November 3, 2004, the city of Phoenix announced Arquitectonica and RSP Architects had been selected to build the project. Groundbreaking was in late March 2006. The tower was topped out in October 2007. The Sheraton Phoenix Downtown welcomed it first guests on September 30, 2008.

The hotel has 1,000 rooms, a 6500square feet fitness center, a 2000square feet outdoor pool and sundeck, 80000square feet of meeting space including a 29000square feet ballroom and a 15000square feet junior ballroom. In addition, there are 16 meeting rooms, two boardrooms, and a terrace for outdoor events. The exterior color palette of browns, oranges and yellows were chosen to represent the desert sky at sunset. The curved roofline mimics the slope of nearby Camelback Mountain.

In November 2015, the hotel was renamed Sheraton Grand Phoenix, as part of Sheraton's new Sheraton Grand designation.[1] In June 2018, the city of Phoenix sold the Sheraton Grand to Marriott International at a significant loss,[2] for $255 million.[3] Marriott renovated the hotel from 2019-2020,[4] after which they expect to sell it.[5] The hotel returned to its original name in early 2020, removing the Grand branding. It closed in March 2020, due to the COVID-19 pandemic though renovations continued. It reopened in April 25 2021.

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Notes and References

  1. Web site: Sheraton hotels in Chicago and Phoenix get 'Grand' treatment: Travel Weekly .
  2. Web site: Sheraton Grand, Arizona's largest hotel, to get major overhaul .
  3. Web site: Phoenix sells Sheraton Grand Phoenix to Marriott for $255 million. azcentral. en. 2019-02-02.
  4. Web site: Marriott unveils Sheraton's new warm community image . 29 January 2021 .
  5. Web site: Marriott International Purchases 1,000-Room Sheraton Grand Phoenix For $255 Million, Advancing Company's Transformation Strategy For Its Sheraton Brand. 2018-06-28. Marriott News Center. en-US. 2019-02-02.