Downtown Phoenix AZ High-Profile Projects in Limbo
Downtown Phoenix High-Profile Projects in Limbo Collapsed lender imperils downtown developments A celebrity chef was planning the menus, brides were negotiating room rates and 250 staffers were on the payroll. But four months before Hotel Monroe was scheduled to open, its lender went bankrupt. Now it could be at least a year before the 150-room luxury hotel is complete, says developer Grace Communities. It’s unclear what the future holds for the hotel and an entertainment district, two hig
Original post by Central Phoenix Urban Living. Real Estate In Phoenix Arizona