The city of Scottsdale, Arizona (about 12 miles northeast of Phoenix) is known for its majestic sunsets, almost perpetual sun, a deluge of spas, and of course Frank Lloyd Wright’s Taliesin West, may soon be getting two new mixed-use developments, including 1,000 residences. One plan by Dallas-based developers JLB Partners is called “Scottsdale Marketplace” and the second is “District at the Quarter” by Kaplan Management Co, based in Houston.Scottsdale Marketplace (JBL Partners via the Arizona Republic)
JLB paid a record price in Scottsdale ($1.5 million) for land at the southeast corner of Chauncey Lane and Scottsdale Road. “When JLB bought 10 undeveloped acres at Scottsdale Road and Chauncey Lane from the Arizona State Land Department in May 2015, the $1.5 million-per-acre price tag was the most anyone had ever paid at a state land auction,” wrote the Arizona Republic. Scottsdale Marketplace is expected to include mixed-use amenities: dining, retail, and 5 stories of 301 residences. The project could also include a coffee shop, fitness space, rooftop pool, and from renderings, what looks like lots of palm trees for the commercial portion in the otherwise arid climate of Scottsdale (though some say palm trees are water-intensive and provide little shade). If the project gets the zoning green light from the Scottsdale City Council, the project could break ground spring 2017 and cost $80 million.Scottsdale Marketplace (JBL Partners via the Arizona Republic)
The second Scottsdale project, by developer Kaplan, is called District at the Quarter. It is slated for nine acres at the northeast corner of 73rd Street and Greenway-Hayden Loop and will feature mainly residences, with some retail. (The site currently holds an office building and is zoned for industrial use.) The developers’ plan include four stories of 644 residences (these could be condos or apartments), courtyards with fountains, two pools, and other outdoor hangout spaces for barbecues, fire pits, and more.
If Scottsdale City Council passes the two plans (though this could be at least a few months for zoning change approvals), the projects could open by 2018 at the earliest.