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04/21/07
1931 bank building to become boutique hotel
Filed under: General, Real Estate
Posted by: Lillian Wong @ 3:42 pm

The developer behind a 34-story downtown Phoenix condominium tower plans to spend about $100 million transforming a 1931 bank building into a 150-room boutique hotel. Scottsdale-based Grace Communities in the midst of renovating the art deco style Professional Building at the southeast corner of Monroe Street and Central Avenue.The Hotel Monroe, is scheduled to open in October 2008.  More…

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