Aperture Hotels Acquires The Ellis Building for Hotel Conversion

Aperture Hotels announced the closing of its acquisition of The Ellis, a six-story building in downtown Phoenix, Arizona. The property will be converted into a 100-room boutique hotel under Marriott's Tribute Portfolio brand, with an anticipated opening in 2028.

Originally constructed in 1922 and expanded in 1928, The Ellis has been a fixture of downtown Phoenix for more than a century. The planned conversion will preserve the building's historic character while introducing a new hospitality experience for business travelers, convention attendees and leisure visitors.

"The Ellis is exactly the kind of opportunity that excites us," said Charles Oswald, president and CEO of Aperture Hotels. The approximately 64,000-square-foot property will include 100 guestrooms and multiple food and beverage venues, including a ground-floor restaurant and a speakeasy-inspired bar.

The Ellis is located at the intersection of Second Avenue and Monroe Street, within walking distance of the Phoenix Convention Center, Orpheum Theatre, Arizona Financial Theatre and Chase Field. Aperture Hotels is working with Acumen Development Partners on the adaptive reuse project.