WaterWalk has broken ground on a 126-room hotel at The Bridges, near Park Avenue and Interstate 10.

Construction is underway on a third hotel at The Bridges, near Interstate 10 and Park Avenue.

WaterWalk will be a 126-room hotel with apartment-style suites, catering to business travelers or families on extended stays.

β€œTucson was selected as a preferred market for development based on its exceptional growth trends and increasing business travel needs,” said WaterWalk CEO Mimi Oliver. β€œBringing a new type of travel product to Pima County will offer visitors to the city something more than the standard hotel experience, providing a thoughtful, comfortable, spacious stay with built-in optionality and experiences conducive to all lengths of stay.”

The Wichita, Kansas-based hotel has nine open properties across eight markets, including Wichita, Denver, two in Dallas, San Antonio, Overland Park, Raleigh, Charlotte and Minneapolis.

Aside from Tucson, three properties are under construction in Phoenix, Boise and Jacksonville and more than 20 are in the development pipeline.

The Tucson site is set to open in 2023.

The Bridges is home to major retailers such as Walmart and Costco along with big employers such as the UA Tech Park and Geico, plus numerous retailers.

One hotel, WoodSprings Suites, is already open, and Springhill Suites is also under construction.

The south-side development has enjoyed much success and has added new retail and restaurant venues every year.

Tucson Marketplace at The Bridges on the south side is home to major retailers, restaurants, entertainment venues and one hotel with two more on the way.

Despite a bleak economic outlook for the site, developers took a leap of faith and bought the property for $53 million in 2005.

Costco was the first retailer to open in the new Tucson Marketplace at The Bridges in 2011.

The store broke an opening-day record with $730,000 in sales.


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Contact reporter Gabriela Rico at grico@tucson.com