Scottsdale Reaches Critical Mass For Growth...

Scottsdale reaches critical mass for growth, from the East Valley Tribune, reports that four new Scottsdale projects were previewed at a Scottsdale open house event last week. These projects will cover thousands of acres and cost a couple billion dollars. The projects include One Scottsdale, Silverstone, The Senior Living Community at the Fairmont Scottsdale Princess Resort and the final phase of DC Ranch. These four developments not only add to the residential housing stock, but provide pockets of commercial use instead of strips through the community. "I think if there was any kind of general observation you can make, it's with the growth of residential, you need commercial services," said Robin Meinhart, Scottsdale planning department spokeswoman. "It's basically some of the last vacant parcels in Scottsdale and they were identified to support the residential in the area," she added. The most ambitious project is the One Scottsdale complex, a 120-acre commercial, retail and office space, 400 resort and hotel rooms, and 1,100 residential units that DMB is building. Silverstone is a 60-acre development at the former Rawhide site that will have 976 homes.



http://www.eastvalleytribune.com/index.php?sty=76115