Cambria Hotel & Suites Groundbreaking at Chandler Viridian - Hines

Cambria Hotel & Suites Groundbreaking at Chandler Viridian

Hotel, Office, Apartment and Retail Spaces Under Construction

(PHOENIX) – Hines, the international real estate firm, joined Cambria hotels & suites for a groundbreaking ceremony at Chandler Viridian. Slated to open in 2017, the Cambria hotel & suites Chandler will feature 136 rooms, a pool with cabanas, fitness room, lounge area and 1,300 square feet of meeting space. The hotel developer is Concord Hospitality Enterprises of Raleigh, North Carolina, working closely with architect DLR Group of Minneapolis and general contractor Layton Construction of Phoenix.

The Cambria hotel & suites Chandler will be located at the northwest corner of the Loop 101/Loop 202 interchange in the heart of the Price Corridor in Chandler, Arizona. The hotel will be part of Chandler Viridian, a 25-acre mixed-use project, which also includes highly desirable office space called The Offices at Chandler Viridian, high-end apartments called Broadstone Fashion Center, sophisticated retail offerings called Chandler Viridian PRIMEGATE and a pedestrian promenade to the Chandler Fashion Center. Also featured in the master plan is a dog park, ¾ mile jogging trail connecting all of the properties, and a large public plaza with high-speed Internet and Wi-Fi – all to enhance the pedestrian experience.

In November 2014, Hines razed Elevation Chandler, an unfinished structure on site and local eyesore, to develop the Chandler Viridian master plan. Chandler Viridian was the last available site adjacent to the Chandler Fashion Center.

“Hines is thrilled Chandler Viridian is advancing as planned. We have a long-standing commitment and vision for this exciting mixed-use development featuring a modern-brand hotel, dynamic offices, high-end apartments and sophisticated retail that will strengthen the variety of existing uses at the Chandler Fashion Center,” said Chris Anderson, managing director and local city leader for Hines.

“The City is excited to see significant progress continuing at Chandler Viridian. We believe the mix of uses, including the multifamily development, hotel and restaurants, all enhance the City’s sense of place, which will help contribute to the viability of the office project. We look forward to seeing that project begin soon as we see this as a magnet for employers and employees that want to be in the heart of the Price Corridor,” said Chandler Mayor Jay Tibshraeny.

Cambria hotels & suites are designed to provide a unique and distinctive experience with the services and amenities that travelers demand, including chic décor, flexible spaces for meeting or socializing, stunning standard rooms that feel like an upgrade, and free Wi-Fi – allowing guests to stay fully connected while they travel.

“We’re elated to partner with Hines and Concord Hospitality Enterprises to bring Cambria hotels & suites to Chandler, Arizona,” said Michael Lusick, vice president of upscale operations at Choice Hotels. “The Chandler property represents another example of Cambria’s rapid expansion across the country, where we can provide an upscale offering suited for the needs of both business and leisure travelers.”

Like all Cambria hotels, the Chandler property will feature the contemporary bistro Social Circle™, serving a menu comprised of local specialties created by chef Michael DeMaria; liquor, wine and local craft beers; freshly prepared grab-and-go gourmet salads and sandwiches; and a barista bar.

“While we have developed many hotels during the past 30 years, it is a special privilege to team with friends and respected colleagues from Choice Hotels and Hines to bring the Cambria vision to life in Chandler,” said Kevin McAteer, senior vice president of marketing and sales for Concord Hospitality Enterprises.

Hines has developed, owns, and/or manages several other high-profile projects in the Valley including: 24th at Camelback, a 302,209-square-foot Class A office tower at 2375 E. Camelback Road in Phoenix; 24th at Camelback II, a 306,877-square-foot office building at 2325 E. Camelback Road in Phoenix; Kierland One, a 175,441-square-foot office building at 16430 N. Scottsdale Road in Phoenix; Papago Spectrum, a 159,750-square-foot office building at 1225 W. Washington St. in Tempe; Goodyear Crossing II, a 820,284-square-foot Class A industrial warehouse at 16920 W. Commerce Drive in Goodyear; Renaissance Square, a two-building office complex with 968,790 combined square feet at 40 N. Central Ave. and 2 N. Central Ave. in Phoenix; and the U.S. Airways properties, 393,770 square feet among three buildings in Tempe.

About Chandler Viridian
Hines is developing The Offices at Chandler Viridian, a six-story, Class A office building with 250,000 square feet of space, designed by RSP Architects of Minneapolis. The final selection of the contractor is yet to be determined. Construction is expected to start in early 2017 and complete in early 2018.

Chandler Viridian also features the Broadstone Fashion Center, a 335-unit, Class A multifamily community built by Phoenix-based Alliance Residential Company and designed by ORB Architects of Phoenix. Construction has been substantially completed and the apartments are now being leased. The high-end residential community — part of Alliance’s exclusive Broadstone collection — includes a mix of studio, one-bedroom and two-bedroom residences plus individual attached garages.

Chandler Viridian PRIMEGATE, being developed by WINLEE Development (a division of Phoenix-based Winfield Lee Investments, Peter Nelson and Gary Emery, principals), will feature approximately 24,000 square feet of curated, specialty restaurant and retail amenities on 3.25 acres. Construction recently began and is expected to be finished in April 2017. Tenants include Panera Bread, with additional announcements coming soon. Wespac Construction of Phoenix serves as the general contractor and Reigle & Associates of Phoenix is the architect.

About Hines
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 192 cities in 20 countries. Hines has $93.2 billion of assets under management, including $47.9 billion for which Hines provides fiduciary investment management services, and $45.3 billion for which Hines provides third-party property-level services. The firm has 105 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,180 properties, totaling over 379 million square feet. The firm’s current property and asset management portfolio includes 483 properties, representing over 199 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information.

About Cambria hotels & suites
Cambria hotels & suites makes business travel easier—and more fun—than ever before. Offering modern décor, rooms that feel like an upgrade, and fresh, local cuisine at our Social Circle™ restaurant, Cambria makes every guest feel like a VIP. There are currently 25 properties open across the country and 30 under development in the U.S. and Canada. To learn more, visit www.cambriahotelsandsuites.com.

About Choice Hotels International, Inc.
Choice Hotels International, Inc. (NYSE: CHH) is one of the world's largest lodging companies. With more than 6,400 hotels franchised in more than 40 countries and territories, Choice Hotels International® represents more than 500,000 rooms around the globe. As of September 30, 2016, 745 hotels were in our development pipeline. Our company's Ascend Hotel Collection®, Cambria® hotels & suites, Comfort Inn®, Comfort Suites®, Sleep Inn®, Quality®, Clarion®, MainStay Suites®, Suburban Extended Stay Hotel®, Econo Lodge®, Rodeway Inn®, and Vacation Rentals by Choice HotelsTM brands provide a spectrum of lodging choices to meet guests' needs. With more than 28 million members and counting, our Choice Privileges® rewards program enhances every trip a guest takes, with benefits ranging from instant, every day rewards to exceptional experiences, starting right when they join. All hotels and vacation rentals are independently owned and operated. Visit us at www.choicehotels.com for more information.

About Concord Hospitality Enterprises
As an award-winning hotel development, ownership and management company, Concord Hospitality Enterprises Company has spent the last three decades partnering with owners and its investors on more than $1 billion in in premium branded properties across the United States and Canada. As an operator, both for third party owners and partners, Concord Hospitality instills value from the ground up, developing and managing with a sustainable viewpoint, a focus on quality and a hands-on involvement to ensure long-term profitability. Learn more at concordhotels.com.

Contact Hines

Headquarters

Global Headquarters

2800 Post Oak Blvd.
Houston, TX 77056-6188
United States
1 713 621 8000
Contact Hines

European Headquarters

5 Welbeck St.
London W1G 9YQ
United Kingdom
44 20 7292 1900

Regional Offices

U.S. East Region

345 Hudson Street
12th Floor
New York, NY 10014
United States
1 212 230 2300

U.S. Midwest Region

444 West Lake Street
Suite 2400
Chicago, IL 60606
United States
1 312 419 4900

U.S. Southeast Region

5 Ravinia Dr NE
Atlanta, GA 30346
United States
1 770 206 5300

U.S. Southwest Region

609 Main St.
Suite 2400
Houston, TX 77002
United States
1 713 237 5600

U.S. West Region

101 California Street
Suite 1000
San Francisco, CA 94111
United States
1 415 982 6200

Asia Pacific Region

1 Connaught Road, 28F
Central, Hong Kong

Eurasia Region

Gasheka Street 6
Ste. 820
Moscow 125047
Russia
7 495 785 05 00

European Region

5 Welbeck St.
London W1G 9YQ
United Kingdom
44 20 7292 1900

International Offices

Australia

20 Hunter St
Level 10
Sydney, NSW 2000
Australia
61 2 9232 3137

Brazil

Av. das Nações Unidas, 12901
Torre Norte - 6 ° andar
São Paulo 04578-910
Brazil
55 11 5504 7600

Canada

200 King Street West
Suite 1805
Toronto, ON M5H 3T4
Canada
416 595 1949

China

Suite 333, Hyundai Motor Tower
38 Xiaoyun Road, Chaoyang District
Beijing, PRC 100027
China
8610 8453 8855

France

66 Avenue Charles de Gaulle
Neuilly-sur-Seine, IDF 92522
France
33 1 41 45 80 80

Germany

Hines Immobilien GmbH
Joachimsthaler Str. 1
D - 10623 Berlin
Germany
49 30 726241 100

Greece

Voukourestiou 19
Athens 106 71
Greece
30 210 364 7895

India

One Horizon Center
12th Floor
Gurgaon, Haryana 122002
India
91 124 480 2222

Ireland

Block 2, First Floor
Clanwilliam House, Clanwilliam Place
Dublin 2
Ireland
353 1 7999900
Dublin.OfficeAdmin@hines.com

Italy

Via Broletto, 35
Milan 20121
Italy
0039 02 8962921

Japan

Akasaka K Tower Level 4
1-2-7 Motoakasaka, Minato-ku
Tokyo 107-0051
Japan
81 90 9854 5236

Luxembourg

35 F, John F. Kennedy
Luxembourg L-1855

352 264 337 1

Mexico

Torre del Angel
Reforma 350
Mexico D.F. 06600
Mexico
52 55 52428809

The Netherlands

Gustav Mahlerplein 28
Amsterdam, NH 1082 MA
Netherlands
31 6 30 70 81 29

Nordic Countries

Forbindelsesvej 4
Copenhagen 2100
Denmark
44 7815 285 191

Panama

Torre B Piso 15
Torre de las Americas
Punta Pacifica, Panama City
Panama
507 028 20 7375

Poland

Prosta Street 68
Warsaw 00-838
Poland
48 22 351 2400

Russia

Gasheka Street 6
Ste. 820
Moscow 125047
Russia
7 495 785 05 00

Spain

Sor Ángela de la Cruz, 2° - 2° C
Edificio Cuzco III
Madrid 28020
Spain
34 91 703 00 23

South Korea

Glass Tower, Level 20
534 Teheran-ro, Gangnam-gu
Seoul 06181
Republic of Korea
82 2 3439 9141

United Kingdom

5 Welbeck St.
London W1G 9YQ
United Kingdom
44 20 7292 1900