SCOTTSDALE, Ariz., Feb. 27, 2020 /PRNewswire/ -- HCW, a real
estate development company with offices in Arizona and Missouri, announced that it has broken ground
on the first Caesars Republic non-gaming U.S. hotel. HCW, which has
developed more than $2 billion in
real estate in the last 23 years, has teamed up with Caesars
Entertainment Corporation (NASDAQ: CZR) and Macerich (NYSE: MAC) to
bring the 265-room Caesars Republic Scottsdale luxury brand hotel
to Scottsdale, Arizona.
The hotel will be located at Scottsdale Fashion Square on the
southeast corner of Goldwater Blvd. and Highland Ave. in the
heart of the Scottsdale dining
lifestyle district. Caesars Republic Scottsdale will be operated
by HCW Hospitality and Aimbridge Hospitality of
Plano, Texas. Caesars
Entertainment will license its brand, serve as an advisor on design
elements and integrate its Caesars Rewards loyalty network.
"We are thrilled to be breaking ground for the highly
anticipated Caesars Republic Scottsdale," said Richard Huffman, Chief Executive Officer and
President of HCW. "Upon its opening in Fall 2021, the hotel will
offer a dynamic destination experience to both locals and visitors
traveling from afar." He added, "Caesars Republic Scottsdale will
be a new kind of lifestyle hotel experience."
It's the first Caesars in the nation designed exclusively as a
non-gaming hotel. The hotel is a new lifestyle hotel experience
designed to inspire the imagination and push creative boundaries
while serving as a haven for local and traveling trendsetters
alike.
"Our partnership with HCW to create a world-class hotel and
dining experience in one of the nation's most desirable communities
is very exciting," said Caesars Entertainment Chief Marketing
Officer Chris Holdren.
Celebrity chef, author, philanthropist and TV personality
Giada De Laurentiis will bring her
extensive culinary background to Scottsdale with the opening of two new
restaurants, Luna by Giada and Pronto by Giada, at Caesars Republic
Scottsdale.
"I'm excited to bring my brand to Scottsdale with the opening of an all-new
restaurant concept, Luna by Giada, as well as my fast-casual
eatery, Pronto," said De Laurentiis. "I'm looking forward to
combining my food and atmosphere with the unique flair of
Scottsdale and the southwest. My
restaurants are a reflection of me, my family and my home, and I
can't wait to share that with guests and locals."
Luna by Giada will feature a sophisticated, high-energy
environment with outdoor seating and scenic views of the iconic
Camelback Mountain. Luna's menu will embrace De Laurentiis' Roman
heritage and her passion for Italian cooking with California and Mediterranean influences.
Utilizing fresh, local ingredients, the restaurant will create a
new take on traditional Italian cuisine, while staying true to
classic favorites. Pronto by Giada will offer her signature
Italian fare and a unique blend of coffee offerings in a casual
café format. The cuisine will feature the same fresh ingredients
and be prepared in an abbreviated time for guests on the go.
Caesars Republic Scottsdale's contemporary 11-story glass
structure will pay homage to Las
Vegas, incorporating thoughtful materials and modern
elements such as stone and faux wood accents to complement the
adjacent luxury residential developments and the newly constructed
luxury entrance to Scottsdale Fashion Square.
"Scottsdale Fashion Square and the new Caesars Republic
Scottsdale are a natural fit," said Ed
Coppola, President, Macerich. "The addition of this exciting
new hotel is part of the next phase of development for our high-end
mixed-use property, which will also include Class A offices and
upscale residences to bring even more energy to Scottsdale."
Scottsdale Fashion Square, owned and operated by Macerich,
recently underwent a redevelopment and retail remix with its new
luxury wing, technology wing and a new collection of renowned food
and beverage concepts. The luxury wing is anchored by Neiman Marcus, features a flagship Apple store,
and more than 200 shopping and dining options including Saint
Laurent and Nobu.
The hotel will also have an elevated pool lounge and dining
concept, Seven (SVN), on its seventh floor offering amazing views
of the surrounding mountains and Arizona sunsets. SVN will serve a light
poolside food menu with craft cocktails and nightlife experience
open to the public. SVN, operated by the Riot Hospitality Group of
Scottsdale, will also offer
bookings for private events.
For special events, Caesars Republic Scottsdale will house a
7,000-square-foot column-free ballroom with 34-foot sliding glass
doors which open onto the lawn for outdoor events hosting up to 600
people. The ballroom is divisible into four sections and can host
banquets up to 500 people.
The hotel project team currently includes BRP Architects of
Springfield, Missouri, Studio 11
Interior Design from Dallas, Texas
and Layton Construction in Phoenix,
Arizona. For more information on Caesars Republic
Scottsdale, visit www.caesarsrepublicscottsdale.com.
About HCW
HCW is a nationwide real estate property
development, management and hospitality company with offices in
Wichita, Kansas, Branson, Missouri and Phoenix, Arizona. HCW's diverse portfolio
spans from full-service hotels and retail to multifamily apartments
and condominiums. HCW has developed more than $2 billion in real estate in the past 25 years.
For more information about HCW visit www.hcwdevelopment.com.
About Caesars Entertainment Corporation
Caesars
Entertainment is one of the world's most diversified
casino-entertainment providers and the most geographically diverse
U.S. casino-entertainment company. Since its beginning in
Reno, Nevada, in 1937, Caesars
Entertainment has grown through development of new resorts,
expansions and acquisitions. Caesars Entertainment's resorts
operate primarily under the Caesars®, Harrah's® and Horseshoe®
brand names. Caesars Entertainment's portfolio also includes the
Caesars Entertainment UK family of casinos. Caesars Entertainment
is focused on building loyalty and value with its guests through a
unique combination of great service, excellent products,
unsurpassed distribution, operational excellence and technology
leadership. Caesars Entertainment is committed to its
employees, suppliers, communities and the environment through its
PEOPLE PLANET PLAY framework. For more information, please
visit www.caesars.com/corporate.
Contact
Megan Wahl
mwahl@lavidge.com
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SOURCE HCW