20 September 2018

Another Multi-Million Dollar Make-Over Here in Downtown Mesa

Image result for Arizona's 1st Delta Hotels by Marriott, mesa azAccording to press releases in September, Ensemble Real Estate Investment has completed what they say is a $13M Full-scale renovation and re-branding of the 12-story, 274-guest rooms/suites Marriott Phoenix Mesa located at 200 N Centennial Way  to make Mesa home to Arizona's 1st Delta Hotels by Marriott.
Link > https://www.hospitalitynet.org/announcement

_________________________________________________________________________
READY FOR SOME OF THE USUAL MEDIA HYPE:
Oooops! Here we go again
Did you know that Downtown Mesa is currently undergoing its own resurgence as a stylish and vibrant urban cultural arts center?

________________________________________________________________________
With a reported cost of the $13 Million Dollar write-off for renovations at the newly-rebranded Delta Hotels by Marriott Phoenix Mesa IMAGINE IF YOU CAN the many more millions that might be required to update and improve these neglected commercial properties after  Caliber’s $7.625 million purchase consists of eight historic buildings along Main Street between Country Club Drive and Center Street.
DOES THIS LOOK LIKE Downtown Mesa is an area currently undergoing its own resurgence as a stylish and vibrant urban cultural arts center.  
Caliber buys up buildings to give Downtown Mesa a makeover
Above: Timothy Sprague, managing member of Habitat Metro; Jennifer Schrader, president and co-founder of Caliber, The Wealth Development Company; Mesa Mayor John Giles; and Roy Bade, executive vice president of commercial acquisitions Caliber, stand on Main Street is the soon-to-be-revitalized Downtown Mesa. (Photo by Mike Mertes, AZ Big Media)Real Estate | 26 Feb |
For years, Arizona’s cities have been revitalizing their downtowns by bolstering the arts, installing public infrastructure like the light rail and enticing a plethora of unique, private development projects. It’s no question that Downtown Mesa has been on the receiving end of these efforts, as light rail and the Mesa Arts Center have transformed the area. Now, Downtown Mesa is set to receive another transformation after Caliber, The Wealth Development Company purchased 100,000 square feet of property in the heart of downtown
 
________________________________________________________________________
One of Ensemble's first investments was in Mesa in 1990. EREI  closed on the hotel acquisition in March 2016 scheduling the majority of  "top to bottom" renovations to be implemented for the 2017/2018 season.
The property will officially rebrand and become Delta Hotels by Marriott Phoenix Mesa on October 3, 2018. The renovation included all 274 guestrooms and suites, flexible meeting space, lobby and common areas, as well as the property’s two dining venues CafĂ© Azul and AZ Brew. The hotel is owned by Ensemble Real Estate Investments. A grand opening and ribbon cutting event is scheduled for October 10, 2018.
________________________________________________________________
“The Marriott has been Mesa’s downtown hotel for years and we are excited to welcome the new Delta Hotels Brand,” Mayor John Giles said“Our downtown is transforming into a vibrant arts, entertainment and innovation center. Delta Hotels is a great place for visitors to stay and groups to book a conference or event.”
________________________________________________________________ 
The property is well positioned to take advantage of adjacent city-owned-and-operated community facilities and attractions:
> The  33,000 sq. ft. Mesa Convention Center
> The  5,000-capacity outdoor Mesa Amphitheatre.
Close by are Hohokam Stadium, the spring training home of the Oakland A's;
Sloan Park, the spring training home of the Chicago Cubs; the award-winning Mesa Arts Center; and the Central Business District on Main Street
________________________________________________________________________
The new design of the Delta Hotels Phoenix Mesa is inspired by the local area’s robust art scene, as well as the surrounding Sonoran Desert landscape.
> New, refreshed interiors throughout all 274 guest rooms, corridors, lobby and common areas feature a color palette and textiles embracing the desert, its flora, fauna, skies, minerals, sunrises and sunsets. 
> Guest rooms have been equipped with a new television entertainment package and high speed internet upgrade.
Additionally, the transformation included a refresh of 12,000 square feet of the property’s meeting space including the 9,000 square foot Arizona Ballroom, an improved courtyard, exterior paint and upgraded landscaping.
Sherman Oaks-based Strasser & Associates, Inc. served as general contractor and Arizona-based Allen + Philp Partners is the architect.  Evolution Hospitality manages hotel operations

HERE TO PROVE ANYTHING CAN HAPPEN: Meme Coins Explained: Hype, Risk, and Profit!

   Finbold 14 hours ago Search inside image Dogecoin Whales move funds into this emerging AI Altcoin Expecting a 9,303% rally by January 202...