As we celebrate the 75th anniversary of the original 1931 Valley National Bank building, Grace Communities is renovating this historic landmark and reopening the doors as the Hotel Monroe. When completed, this chic newly renovated boutique hotel will be located in downtown Phoenix in the center of Copper Square at the intersection of Central Avenue and Monroe Street, arguably one of the finest locations in the valley. The Hotel Monroe provides approximately 144 rooms ranging from standard, junior suites and one and two bedroom suites. The eleventh floor of the hotel will be designated as the concierge floor featuring several unique suites & penthouses. The twelfth floor will feature a unique nightclub with sunset views of downtown and the valley. Hotel guests will enjoy a variety of cuisine options and entertainment venues including a five star restaurant and lounge, wine bar, night clubs and a barista café. Executive boardrooms and meeting rooms will be abundant. The boutique hotel's accommodating amenities are sure to please every discriminating taste-just a few examples are 24 hour room service, full service spa with saunas and whirlpool, a state of the art fitness center, yoga room and outdoor sundecks with cabanas.