The Crescent Redevelopment
Sector: Hotel • Location: Phoenix, Arizona, United States
Source: AZ Big Media
Foundation 8 LLC plans a $120 million adaptive reuse redevelopment of the former Sheraton Crescent Hotel in North Phoenix. The project will convert the 342-room hotel into a residential community with about 258 studio, one- and two-bedroom apartments inside the existing building, and eventually add three additional residential buildings on the property to more than double the number of units. The
- Status
- Prospective
- Sector
- Hotel, Commercial, Residential
- Location
- Phoenix, Arizona, United States of America
- Updated
- 22 Jul 2026
- Source
- AZ Big Media
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Foundation 8 LLC plans a $120 million adaptive reuse redevelopment of the former Sheraton Crescent Hotel in North Phoenix. The project will convert the 342-room hotel into a residential community with about 258 studio, one- and two-bedroom apartments inside the existing building, and eventually add three additional residential buildings on the property to more than double the number of units. The redevelopment aims to provide attainable luxury living with resort-style amenities, targeting working professionals. |
Original sector | Real Estate |
Budget |
Location
Country | United States of America (USA) |
State | Arizona |
City | Phoenix |
Source
Source | AZ Big Media |
URL |
More Details
Record type | Project |
Sector | Hotel, Commercial, Residential |
Article published date | 2026-03-25 |
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