The Sheraton Phoenix Downtown is a $350 million (USD), high rise convention hotel, located on 3rd Street north of Van Buren Street in Downtown Phoenix, Arizona, adjacent to the Arizona Center office/retail complex and the Phoenix Convention Center, which had its North building opened in early 2008. At 31 floors it has surpassed the Hyatt Regency Phoenix, at 24 floors, as the tallest hotel tower in Arizona.
In July, 2003, the Phoenix City Council approved the USD $350 million convention center hotel, to be owned by the city, and developed and operated by Sheraton Hotels as a Starwood facility. On November 3, 2004, the city of Phoenix announced Arquitectonica and RSP Architects had been selected to build the project. Groundbreaking was in late March 2006. The tower was topped out in October 2007. The Sheraton Phoenix Downtown hotel welcomed its first guests inside on September 30, 2008.
The hotel has 1,000 rooms, a 6500 sqft fitness center, a 2000 sqft outdoor pool and sundeck, 80000 sqft of meeting space including a 29000 sqft ballroom and a 15000 sqft junior ballroom. In addition, there are 16 meeting rooms, two boardrooms, and a terrace for outdoor events. The exterior color palette of browns, oranges and yellows were chosen to represent the desert sky at sunset. The curved roofline mimics the slope of nearby Camelback Mountain.
In November 2015, the hotel was renamed Sheraton Grand Phoenix, as part of Sheraton's new Sheraton Grand designation.