Deanna Dent/Arizona State University

(From left) ASU President Michael Crow, Tempe Mayor Corey Woods, Omni Hotel & Resorts Chairman Peter Strebel and Omni Tempe General Manager Todd Gagnon cut the ceremonial ribbon at the OMNI Tempe Hotel at ASU grand opening on April 27 in downtown Tempe.

A new hotel near Arizona State University opened on Friday.

Known as the Omni Tempe Hotel, the project is a $125 million investment between Arizona State University and the city of Tempe.

The hotel was at the center of controversy in 2019 when former Attorney General Mark Brnovich’s office issued a statement saying that the Arizona Board of Regents and ASU did not have the statutory authority to grant tax exemptions for the Omni.