The Moxy Phoenix Downtown Hotel announced its opening today in the historic Luhrs Building. PEG Companies [PEG], a vertically integrated commercial real estate investment company focused on opportunistic and value-added opportunities, and Dallas-based A.G. Hill Partners purchased the historic Luhrs building at the end of 2019. Since that time, the team worked to renovate and convert the building’s interior while preserving the exterior facade. Located on the corner of Central Avenue and Jefferson Street, the new hotel opened its doors on December 21 under the management of PEG Hospitality Group, PEG’s in-house hospitality management division. The Moxy Phoenix Downtown is where we hope to see the community engage with our eccentric communal spaces. Downtown Phoenix is ripe for something different, and our goal is to create a destination spot for our weekend warriors. The first floor functions as an inviting lobby, bar and game room while floors two through nine house the hotel rooms. T…
Source: hospitalitynet.org , New Hotel Opening

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