Phoenix

West Valley Expansion, Tolleson and Peoria Gear Up for Nearly 500 New Hotel Rooms

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Published on July 13, 2024
West Valley Expansion, Tolleson and Peoria Gear Up for Nearly 500 New Hotel RoomsSource: Google Street View

The landscape of the West Valley is primed for an expansion of hospitality services, with nearly 500 hotel rooms slated for development across multiple projects. Tolleson is set to welcome the LivAway Suites extended stay hotel—a $15 million investment that boasts 126 rooms sprawling across 60,884 square feet at the southeastern corner of Interstate 10 and 91st Avenue. This new lodging option will be neighbored by familiar commercial establishments such as McDonald's, Starbucks, and QuikTrip and is the brainchild of West77 Partners, with BRR Architecture Inc. as the design force behind it, as ABC 15 reported.

The Tolleson City Council has moved the project forward with its July 9 approval of the site plan. Expanding further into hospitality territory, Peoria is also experiencing a surge in hotel development. Here, a Home2 Suites by Hilton and Springhill Suites by Marriott are in the pipeline for construction on a 7-acre space at Jomax Road and Lake Pleasant Parkway. The Hilton property, expected to envelop 103 rooms, is scheduled to break ground this summer with an opening anticipated by late 2025. Subsequent to this, the Springhill Suites is looking at a launch in late 2026 or early 2027, comprising 97 rooms, as per a city announcement.

Adjacent to Peoria's forthcoming hotel duo, there is also talk of integrating restaurant and retail spaces covering an additional 2 acres, a venture championed by Peoria Commons LLC after their $3.6 million land acquisition, as indicated by Maricopa County land records. These planned hotels and complementary commercial spaces are riding the crest of a hotel development wave seen across the Phoenix metro, with last year's tally of hotels either under construction or planned in the Valley reaching an impressive 112, as The Business Journal noted.

The pronounced boost in hotel development in Phoenix, which saw the third-highest number of hotel rooms under construction in the U.S. last year following New York and Las Vegas, surfaces amidst Marcus & Millichap's forecast of an unprecedented delivery of 3,650 rooms across the area this year. The West Phoenix and Scottsdale submarkets are also at the forefront of hotel construction nationally. Among these projects, the VAI Resort is one to watch for, slated to open its doors in 2025 with a sizable offering of 1,100 hotel rooms.