Packard Hotel Development

The Tempe Planning Division is preparing for a significant procurement opportunity related to the development of the Packard Hotel. This pre-RFP signal indicates that discussions are underway for a project that aims to enhance the Novas corridor and support local businesses, particularly in relation to Arizona State University (ASU). During the recent Joint Review Commission meeting held on August 6, 2026, officials expressed enthusiasm about the hotel project, emphasizing its potential to serve traveling directors, students, and athletes visiting ASU. The development is expected to include a restaurant, bar, and meeting spaces, which will not only cater to university needs but also benefit the broader community. An excerpt from the meeting highlights the project's importance: “This project is one that we're uh, very excited about from a developer standpoint. Uh we feel very strongly about this site and uh the vision for the Novas corridor in general. Uh we anticipate that that this site will be a key location uh supporting for a hotel to support local businesses and uh the operations of ASU for traveling directors, students, traveling athletes, uh things of that nature.” Agency: Tempe Planning Division Signal type: pre_RFP Sentinel confidence: 95/100 Independent mentions: 1 Meeting date / jurisdiction: August 6, 2026 / Tempe AZ Vendors interested in this opportunity should monitor for the upcoming formal RFP, as the project is expected to move forward following the permitting process, with construction targeted to begin in early 2027.