The New Palomar Phoenix
A 250-room Hotel Palomar is planned for a 2011 opening in the downtown Phoenix area in a new mixed-use development called CityScape. Kimpton Hotels & Restaurants will operate the new luxury boutique hotel in a 34-story tower at One South Central that will also include approximately 200 luxury residential condominium units, plus lower-level retail. The new Palomar will anchor one end of CityScape, which includes the office tower, the Hotel Palomar and a retail plaza. Kimpton opened its first hotel in the Phoenix area with the Firesky Resort & Spa. "Today, we are so excited to bring the first four-star-quality boutique hotel to downtown Phoenix and double our presence in the city," explained Kimpton's Depatie. "The Hotel Palomar will be an experience in modern, yet timeless style and sophistication, and pay homage to the city's arts and cultural communities."
The Kimpton Group is currently seeking acquisition, joint venture, or management opportunities.
Our Target Criteria for future projects are as follows:
Minimum of 90 keys, up to approx. 400 keys (depending on market and property)
Urban, resort or high-end suburban locations
Add supply to existing market presence or enter new market
Ground-up development, adaptive re-use or reposition existing hotel through acquisition or management contract
