An iconic building in downtown Phoenix that has sat vacant for more than two decades is about to get a $40 million makeover, according to its new owners. Movie buffs might recognize the mid-rise tower from the opening scenes of Alfred Hitchcock’s “Psycho.”
The Art Deco building, known as Hotel Monroe, is scheduled to open as a boutique Hilton or Marriott hotel in time for Super Bowl XLIX, which will be played in Glendale on Feb. 1. Minneapolis-based CSM Lodging paid $7.85 million for the 12-story tower in late December.
Read more...Hotel Monroe to be converted in time for the 2015 Super Bowl
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