McCarthy Purchases Hotel, Plans New National Employee Development Campus

McCarthy Building Companies announced the completion of its purchase of a 12-acre former hotel and convention site, which will become the company’s new campus for people development, innovation, leadership programming and company culture. The campus will host thousands of McCarthy employees from across the country annually for multi-day learning and development programs, team-build outings and company meetings.

As a longstanding community builder, McCarthy will revitalize the 12-acre campus, preserving its distinctive architectural character while bringing a completely refreshed and modern aesthetic to the campus. The new Tempe center will host professional development programs, leadership and executive development and skill-specific coaching and training for the firm’s 8,000 employees throughout the year.

Planning and construction improvements at the newly purchased Tempe property will continue over the next 18–24 months.