McCarthy Building Companies Broke Ground on Tempe Campus
The construction firm has begun transforming a former hotel site into a new professional training hub.
Updated on Sept. 23, 2026 in Construction
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McCarthy Building Companies has officially broken ground on the McCarthy Anchor Campus in Tempe. The company plans to renovate a former hotel property into a centralized hub for technical training and professional development.
Why it matters
The new facility aims to serve as a central location for collaboration and technical training across the company. It will consolidate development efforts, augmenting the firm's existing presence in the Phoenix area.
McCarthy Building Companies purchased the 12-acre former hotel site for $27.5 million. The project will transform the property into the McCarthy Anchor Campus, featuring classrooms, lodging, and wellness amenities.
The players
McCarthy Building Companies
This construction firm operates a headquarters in Phoenix and currently maintains a workforce training center in Chandler.
The details
The project involves an extensive renovation of the site previously occupied by the DoubleTree by Hilton Phoenix Tempe hotel. Once completed, the campus will provide dedicated spaces for breakout sessions, outdoor activities, and comprehensive workforce training.
Timeline
The former hotel property closed and was purchased by McCarthy in January 2026.
Construction officially began at the Tempe site on September 23, 2026.
The new training center is currently expected to open in early 2028.
Market Landscape
This project follows a broader industry pattern where construction firms invest in dedicated, large-scale campuses to standardize technical training and professional development for their workforce. It strengthens McCarthy Building Companies' regional footprint by centralizing operations near its existing Phoenix headquarters.
The conversion of the former hotel site into a private training facility will change the land use at the intersection of Broadway Road and Priest Drive. Residents and local businesses can expect construction activity to continue on the property until the facility opens in 2028.
The takeaway
The development signals a long-term commitment to workforce upskilling within the region. Local stakeholders should anticipate that this facility will eventually house a steady influx of employees participating in technical training programs.
Further reading
For more updates on regional infrastructure and commercial projects, visit Construction.
Source note: This article includes information reported by AZ Central.
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