A Sleep Inn & Suites hotel near Arizona State University will be demolished next month and a seven-story building will rise on the site, providing 479 bedrooms for student housing. A private developer bought the hotel for $13.3 million shortly before announcing the plans, which had been in the works for two years.
Source: https://www.axios.com/local/phoenix/2024/02/05/tempe-sleep-inn-bulldozed-student-housing
