Fairmont Hotels & Resorts and Thunderbird Legacy Development have announced the signing of agreements for the development and management of a new Fairmont Hotel and Residences offering in Phoenix. Slated to open in early 2025, Fairmont Phoenix will offer a luxury hotel and residential experience.
Fairmont Phoenix will be located in downtown Phoenix at the southern end of the Central Business District, just a short walk from the Phoenix Convention Center, the sports and entertainment district and the Warehouse District. The 25-story property will have 225 guestrooms, including 34 suites, and 151 Fairmont branded residences. The guestrooms will have sweeping views of downtown, the South Mountains,
Fairmont Phoenix will offer four bars and restaurants, including a full-service restaurant, a lobby bar, a rooftop pool and specialty bar, and a gourmet café. Additional property facilities will include over 23,000 square feet of meeting space; a spa and wellness center inclusive of five treatment rooms and a health club; a rooftop pool and terrace; the brand’s signature Fairmont Gold “hotel within a hotel” experience which includes private check-in and an 18,000-square-foot lounge; a business center; and retail space.
The residential element will include a collection of one- to three-bedroom residences, plus a collection of penthouses, occupying floors 14 to 25 of the building. Homeowners will have exclusive access to amenities including an owner’s lounge, outdoor swimming pool and hot tub, fitness center, dedicated parking and a private entrance, to name a few. The residences will represent the first branded-residential condominiums in the central Phoenix market. Sales are expected to begin later this year.
Thunderbird Legacy Development will serve as the developer and general partner, bringing the expertise of four principals with various professional backgrounds, including banking, airport F&B concessions, and construction.