Development Pipeline Scheduled for Early 2023

Leo Kent, a Marriott Tribute Portfolio Hotel

Opwest Partners and Iridius Capital to Transform Iconic Tucson Building Into The Leo Kent

Opwest Partners, a Scottsdale-based investment and development firm, has partnered with Tucson-based Iridius Capital to open Tucson's first soft branded lifestyle hotel inside the iconic One South Church building in early 2023. The first nine floors of the building are currently being renovated into The Leo Kent, a Marriott Tribute Portfolio Hotel, while the upper floors of the tower have been upgraded and will continue to function as office space. The repositioning from office to hotel at One South Church is one of only a few high-rise adaptive reuse conversions that have been executed in the state of Arizona.

In addition to 145 rooms, a fitness center and function hall, guests and passersby will have access to the St. Cruz, a casual dining restaurant that offers to-go options, along with an elevated bar and lounge. The Leo Kent is located steps away from the SunLink Modern Streetcar Route, connecting guests to the rest of Downtown Tucson and the University of Arizona. Other nearby attractions include the Arizona State Museum, Fox Theatre, and numerous retail stores, bars and restaurants.

The project is also part of the Rio Nuevo District Project, and is exemplary of Rio Nuevo's greater mission to stimulate growth and re-energize Tucson into a vibrant hotspot for tourists and residents alike.

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Tribute Portfolio is a growing global family of characterful, independent hotels drawn together by their passion for captivating design and their drive to create vibrant social scenes for guests and locals alike. With nearly 50 hotels open around the world, Tribute Portfolio has struck a chord with those who seek out independent experiences and crave a connection with the community when traveling.

Marriott International, Inc., (NASDAQ: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of nearly 8,200 properties under 30 leading brands spanning 138 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world. The company offers Marriott Bonvoy®, its highly awarded travel program.