PHOENIX — A real estate developer based in Texas recently secured the finances needed to complete a sports academy and hotel in Phoenix, which had its construction paused, according to a Monday release.

SSS Partners, which took over the dual project in 2023, closed on the land located at the Interstate 17 and Sonoran Desert Drive for $183 million and said it now has an estimated completion date of August 2026.

It had already been about 50% complete before being in “limbo for six years.”

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