Phoenix Development Partners Email Format
Real EstateIllinois, United States2-10 Employees
Phoenix Development Partners is a Chicago-based real estate development and investment firm that concentrates on hospitality and multi-family projects, pursuing value-add opportunities or new developments in metropolitan markets. It has a track record of building and redeveloping hotel, residential, and mixed-use properties across Chicago, the Midwest, and Florida. Operating as a small firm, it engages in urban projects that aim to reposition assets and expand its portfolio. Recent activity includes transforming a historic Chicago office building into a 350-key dual-branded Hilton property and pursuing hotel redevelopment projects near Willis Tower. The company has also undertaken downtown Chicago acquisitions and refurbishments, and in 2021 partnered with Merritt Development Group to develop a Residence Inn by Marriott in Anchorage, Alaska.