The South Dakota developer owns several hotels in the Phoenix area and is expanding to these West Valley cities.
Two new hotels are being planned by Aberdeen, South Dakota-based Performance Capital Partners LLC for growing cities on the west side of the Phoenix metro.
"I've been watching the 303 corridor for a few years now and I've been looking for the right location," Jeff Stockert, founder and CEO of Performance Capital Partners, told the Business Journal."What SimonCRE has going on there led me to go to Josh Simon to see if we could work out a site that made sense for both of us."
The company said it's planning to build a new Hampton Inn & Suites at a new SimonCRE retail project located near the southwest corner of Roosevelt Street and Verrado Way south of I-10.
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