Site icon Arizona News

GreenTree Hospitality Group Pulls Out of Airport Hotel Deal

An anticipated deal for a hotel near Flagstaff Pulliam Airport has fallen through.

GreenTree Hospitality Group announced Wednesday they had canceled a purchase and sale agreement for 32 acres of city-owned land near the airport. The agreement was approved last summer and would have included the sale of the land at the corner of Pulliam Drive and John Wesley Powell Boulevard for $5.6 million. GreenTree would have built a hotel, restaurant, event center and corporate campus on the land, but rising construction and development costs made the project unfeasible.

The company already has a Flagstaff location, the GreenTree Inn on South Woodlands Village Boulevard. They are still looking to expand in northern Arizona, but with a project that is less expensive.

Visit the official GreenTree website for details.

Editor’s Notes

Publish your Community News: We want your local news, business promotions, opinions, press releases, etc. Learn more about My Local News - Arizona.
Please note that My Local News does not fact check or edit Article Contributor's content. Per our terms and conditions Authors are entirely respnsible for use of any non authorized copyrighted images
MLN Arizona Google Analytics 2020 YTD
185,708 Users
642,218 Page Views
5:22 Average Session Duration
136,810 Subscribers

MessageToAuthor

Skip to toolbar