ASSET

Fairmont Phoenix Hotel and Residences

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CRE Development Capital is a real estate development and investment firm focused on mixed-use and multi-family, industrial, and storage development opportunities in the United States, including opportunity zones.

Fairmont Phoenix Hotel and Residences

For Opportunity Zone and non-Opportunity Zone investors

 

ASSET OVERVIEW

The Blue - Phoenix, AZ

STATUS

Entitled

The Blue - Phoenix, AZ

ASSET CLASS

Luxury hotel

Luxury branded condominiums

Funds-Viaduct

LOCATION

Warehouse District

Downtown Phoenix, AZ

Funds-Viaduct

OPPORTUNITY ZONE

Tax advantages for Investors with qualified capital gains

Funds-Viaduct

UNITS

230 Fairmont luxury guest rooms

141 Luxury branded condominiums

Funds-Viaduct

STRATEGY

New construction

ABOUT THIS ASSET
The Warehouse District in Downtown Phoenix is a compelling  luxury hotel location given its close proximity to the Central  Business District, Convention Center, and entertainment  destinations. The surrounding area has seen significant  development over the past few years and is poised to continue  to attract additional commercial development moving forward.

 

In fact, it’s currently attracting a curated collection of office spaces, restaurants, galleries, and one-of-a-kind venues for music and other events. It’s urban realness draws creative ventures and tech start-ups alike. Determined entrepreneurs are reinvigorating once-shuttered warehouses with adaptive new uses.

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Project Team Members

Polaris Pacific

Polaris Pacific is the West Coast leader in high-density
real estate sales and marketing. We leverage insight and
foresight to deliver unparalleled experiences in major
urban markets including Northern and Southern
California, Arizona, Colorado, Hawaii, Oregon, and
Washington

Gensler

Gensler is widely recognized as the world’s leading
collaborative design firm, not just the largest. The ability
to work together as an integrated team is part of our
DNA, and we’ve embraced it at every level, from our CoCEOs to our studios and project teams.“

Project Management Advisors

Project Management Advisors (PMA) provides real estate consulting services as the Owner’s Representative to help clients solve challenges, minimize risk and maximize outcomes. Our comprehensive services include Project Management, Development Management, Program Management and Investor Representation. Drawing from experience in a wide range of geographic markets and product types, we deliver leadership and strategic guidance for the built environment, enabling clients to make informed business decisions to achieve or exceed the goals for their project.”

RCLCO

“RCLCO’s real estate economics and market research services are backed by more than 50 years of experience analyzing demographic, economic, lifestyle, and real estate market trends. Clients turn to us for trusted, unbiased third-party recommendations regarding highest and best use, product definition, market positioning/pricing, and absorption potential for any proposed development concept, site, or product type.”

CCBG Architecture, Inc

CCBG Architecture, Inc. has been designing beautifully unique and creative structures and spaces since 1958. Our diverse architectural portfolio includes residential and multifamily residences, adaptive reuse building projects, religious sanctuaries, urban infill projects, movie theatres, and various other commercial project types.

Rockwell Group

With global offices to support a far-reaching vision, Rockwell Group is an interdisciplinary firm that emphasizes innovation and thought leadership in every project. Founded in 1984 by David Rockwell and led by partners Shawn Sullivan and Greg Keffer, we create extraordinary experiences and built environments the world over.