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.