Partners move ahead with the long-anticipated hotel project in downtown Phoenix, AZ
In the bustling heart of Phoenix,AZ a consortium of developers has finally set their plans into motion for a highly anticipated downtown hotel, a project that had been on the drawing board for five long years but had never seen the light of day. Dubbed "The Edith," this ambitious mixed-use development comes with a price tag of $140 million and promises to be a remarkable addition to the cityscape. Towering above the city at an impressive 17 stories, it will house 236 guest rooms and offer a generous 23,000 square feet of versatile meeting space. But that's not all; The Edith has grander aspirations, including a ground-floor restaurant, a luxurious rooftop pool and bar, a cozy café, and a full-service spa and fitness center. The driving force behind this exciting venture is a collaboration of esteemed entities, with Sunbelt Holdings, a renowned Valley developer, leading the charge. They are joined by BB Hotels & Resorts, formerly known as Berger Holdings, hailing from