TEMPE, Ariz.
Omni Hotels & Resorts today announced it has entered into a development agreement with USA Place, LLC, to develop a new hotel in downtown Tempe, Ariz. This luxurious Omni property will be one of the cornerstones to USA Place, a robust, concentrated commercial and residential urban district.
The multi-use development will soon be home to USA Basketball’s national headquarters, Arizona Interscholastic Association (AIA) events, a 4,500-seat multipurpose events center, 500 luxury apartments, 160,000 square feet of retail and up to 200,000 square feet of office space.
Located along downtown Tempe’s Mill Avenue, at the intersection of University Drive, well-served by the region’s Metro light rail and adjacent to Arizona State University, the multi-story hotel will feature 330 luxury guestrooms, and 30,000 square feet of conference center and ballroom space that can seat more than 1,000 guests for catered events.
The hotel is expected to feature a three-meal restaurant, bars, inside and outdoor lounges, retail space, a pool and fitness center.
The site’s other major anchor will be USA Basketball, which is under an agreement with the developers to relocate their national headquarters and training center to USA Place. The multi-court Events Center will serve as a training site for USA Basketball in summer months and for regional youth and adult recreational and competitive athletics programming the rest of the year.
In addition, the column-free flat floor area of the events center will create additional space for the Omni to stage occasional exhibitions, banquets and presentations that may be larger than its 30,000 square foot conference center.
Construction of the project is planned to begin by year-end with the hotel, conference center, event center and first phase of residential and retail scheduled to open during the second half of 2015.
