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Tribune- 11 Story Marriot in Downtown Tempe Proposed
Developer proposes 11-story hotel at Tempe site By Garin Groff, Tribune November 22, 2006 A developer plans to raze the former Bandersnatch Pub, replacing the once thriving Tempe college hangout with an 11-story hotel that caters to business travelers. The Marriott Residence Inn is the second specifi c hotel plan to emerge this year in downtown Tempe, where a building boom is rapidly transforming the college town into a more sophisticated urban hub. Though the project would destroy the microbrewery that closed three years ago, it would add one welcome amenity — parking. Preliminary plans call for a garage with about 300 spaces. The developer, Floridabased Finvarb Group, has developed four other Marriotts and secured financing, said Chris Salomone, Tempe’s community development manager. “They want to get into the market as quickly as they can,” he said. As many as 11 hotel operators have looked at downtown Tempe for possible locations — far more than the area can sup- port. But city officials say that kind of interest shows how the booming downtown needs more hotel rooms, especially for business travelers on extended stays. This would be downtown’s first hotel to serve that niche. Tempe needs more hotels because rooms can ... more

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