Phoenix is looking for a developer to turn a downtown parking garage into a hotel at the southwest corner of Adams and 2nd streets.
Built in 1972, the Regency Garage has a little more than 500 parking spaces and nearly 23,000 square feet of ground floor commercial space. Advocates for Latino Arts and Culture Consortium Inc currently leases about 8,000 square feet on a month-to-month basis.
A consultant’s market study found Phoenix needs 800 to 1,200 more hotel rooms to stay competitive with convention business. Phoenix wants the garage turned into a full-service hotel with at least 400 rooms. A previous deal fell apart in early 2020 due to the COVID-19 pandemic.
On Wednesday, the city’s economic development subcommittee will be asked to recommend the full council approve a request for proposals aimed at developers who can demonstrate “experience successfully completing at least one vertical, mixed-use development of at least seven stories within the last five years.”
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Strong winds struck the West Valley overnight, leaving more than 5,000 people still without power on Monday morning. -
The Arizona Division of Problem Gambling says roughly the same number of Arizonans placed bets in the past year, compared to its last report three years ago. But nearly a fifth of state residents fell within the category of problem gambling. -
The U.S. Agriculture Department plans to reopen part of the U.S.-Mexico border to cattle later this month. On Aug. 24, the Douglas, Arizona, port will become the first to allow cattle from Mexico to travel into the United States. -
The Arizona Department of Gaming is now offering free financial counseling services for people who request to be banned from gambling activities. The agency is partnering with GamFin, an organization that specializes in advising those with gambling debts. -
On the hottest days, thinner air can make it harder for aircraft to get off the ground safely. Airlines may have to lighten the load by removing passengers or cargo, or carrying less fuel.
