× Thanks for reading! Log in to continue. Enjoy more articles by logging in or creating a free account. No credit card required. Log in Sign up {{featured_button_text}}

The Flagstaff City Council unanimously voted Tuesday evening to go ahead with a sale of 32 acres of city-owned land near the Flagstaff Pulliam Airport to GreenTree Hospitality, which intends to build a hotel, conference center, restaurant and corporate headquarters on the parcel.

GreenTree, which began in Shanghai, China, has 2,500 hotel properties in Asia and five in the United States, including one already in Flagstaff. Kevin Brooks, the president of GreenTree, said the company wants to create a corporate campus on the parcel near the airport, which would become a corporate headquarters for the company’s expansion into the United States.

The land is on the east side of Interstate 17, north of J.W. Powell Boulevard and east of Pulliam Drive.

The development will take place in two phases, the first of which sells about 13 acres of property at a cost of $4.25 per square foot, and the second sells the remaining 19 acres for $3.84 per square foot, for an average cost of $4 per square foot, which was the determined value of the property, community investment director David McIntire said at Tuesday’s meeting. In total the sale will be worth $5,576,725, McIntire said.