Mortenson and Pacific Hospitality Group broke ground in March 2020 on Hyatt Place Downtown Phoenix, a 238-room, eight-story hotel that brings the brand's intuitive design, casual atmosphere and practical amenities to the Phoenix area. The hotel emulates the art deco design of the surrounding architecture, located adjacent to the Orpheum Theater and feature many amenities including a breakfast bar, market, custom lobby and bar with an outdoor patio, more than 4,000 square feet of event spaces, and a fitness center.

The hotel is located just blocks away from the Phoenix Convention Center and nearby to an array of downtown Phoenix attractions like Chase Field, Talking Stick Resort Arena, Phoenix Art Museum, shopping and restaurants, and only a few miles away from Phoenix Sky Harbor Airport.