New Hotel at Tucson Convention Center
January 19, 2018
Caliber Hospitality, a division of real estate investment firm Caliber – The Wealth Development Company, announced plans to build a new 125-room hotel anchored at the Tucson Convention Center. Slated to break ground in late 2018, the hotel development project supports the City of Tucson’s downtown re-visioning plan and need for increased hotel accommodations near the convention center. Caliber Development will serve as development manager and design/builder for the estimated $20 million project.
“We are excited to work with the City of Tucson and Rio Nuevo to develop the first, and only, hotel connected to the Tucson Convention Center where hotel guests and convention center patrons will have easy access between the two facilities,” said Roy Bade, Caliber Executive Vice President. He added, “The hotel will fulfill the growing demand to accommodate guests from around the world visiting downtown Tucson and the many tradeshows and events at the convention center. Exciting things are happening and Caliber is excited to expand its presence in Tucson while playing a role in the economic development and employment opportunities for its citizens.”
Built in 1971, the Tucson Convention Center boasts 205,000 sf of meeting and event space along with an 8,962-seat arena. It has three performance facilities appropriate for sporting events, ice shows, theatrical performances and concerts.