MARANA, ARIZONA -- The new SpringHill Suites site is located in Marana, a growing Northwest suburb of Tucson. The site is on approximately 2 acres off Marana Center Blvd across from the Tucson Premium Outlet mall, near the I-10 and West Twin Peaks Rd intersection.
Phoenix-based developer, HCW, purchased the land for $1.3 million ($14.88 PSF) from an affiliate of Vintage Partners, VP Marana Investments. The transaction closed on July 27, 2022.
The development is a 4-story, 96-room SpringHill Suites by Marriott hotel. The first floor is approximately 12,900 square feet and total building area on all four floors will be approximately 51,641 square feet. The hotel will feature a lobby/lounge area with an adjacent exterior social patio, indoor fitness and an exterior pool and sun deck. The exterior will feature a contemporary design with stucco finishes with a neutral off-white field color and accents of blue and brown following prototype standards. The landscaping theme will embellish a desert oasis type environment of native indigenous and non-native species and will be of sufficient intensity to create a pleasant and comfortable resort atmosphere for the hotel guest.
This will be HCW's 2nd SpringHills Suites by Marriott hotel, the first opened in Goodyear, AZ in August 2020.
SpringHill Suites is a brand of hotels operated by Marriott International. Geared toward the upper-moderate lodging segment of the hospitality industry, the chain consists of all-suite hotels. Amenities include spacious suites, mobile check-in, free-WIFI, complimentary breakfast, in-suite workspaces, fitness center, 24-hour market and Airy beds. You can also enjoy a night in at the Springhill Suites with a full selection of hand-picked wines, local craft beers and tasty food options. Learn more at springhillsuites.marriott.com.
To learn more about this transaction, see RED Comp #10089.