Positioned just across from ASU at the corner of University Drive and Myrtle Avenue, the space will open April 2, 2020, said Alan Klein, general manager of the hotel.
The location will be the first Canopy by Hilton hotel in Arizona and the brand's first location in the Southwest, according to a press release.
Klein said the Canopy brand looks to populate neighborhoods while also maintaining the local feel of the community, adding that, "Canopy locations are chosen to be part of the fabric of the neighborhood they are placed in."
Spanning 14 floors, the hotel will have 198 rooms and suites along with a fitness center and meeting and event space, according to the press release.
Guests will also be able to enjoy two new restaurants. On the first floor, Alter Ego, an all-day restaurant, will be open to attract locals and hotel residents, Klein said.
A rooftop pool and bar will also be available for guests to enjoy. Cabanas and a fire pit are among other additional amenities, according to the press release. Accompanying the rooftop pool, Klein said a restaurant called Alibi will offer guests a variety of cocktails and hors d'oeuvres.
The hotel will have a strong Arizona feel the minute you walk in, Klein said. It will have artwork representing Tempe as well as canyons and crevices on the ceiling in the lobby to represent the state's beautiful landscapes, Klein said.
Lauren Kuby, vice mayor of Tempe, sees this hotel as an opportunity to create jobs and bring in revenue for the city and residents of Tempe.
Kuby said she does not think the hotel will cause additional traffic or overcrowding since there will be underground parking for guests.
“Cities need to be wary of creating too much parking; it encourages you to use your car,” Kuby said.
The goal of the hotel is to encourage guests to live and feel like locals while providing close access to some of the city's art, food, drinks and culture.
“When you walk into our hotel you will know you are in Tempe, Arizona,” Klein said.
Editor's Note: This story was updated March 6 to clarify a new opening date for the hotel.