PHOENIX — A Phoenix-area resort has reopened after nearly 12 years of disruptions to finances and development plans.
Mountain Shadows Resort in Paradise Valley officially launched its comeback April 1, showing off a $100 million rebuild that included 183 rooms, restaurants, condos, a golf course and an art gallery.
The ritzy hotel opened on Lincoln Drive near 56th Street in 1959 as a part of Marriott International and enjoyed success for decades until owner Marriott closed the site in 2004.
Three years later, the property that sits below Camelback Mountain was sold but the developers were plagued by financial problems and the project — plans for upmarket housing — was shelved.
The old resort was finally torn down in 2014 but the property got another lifeline thrown its way in 2015 when Scottsdale’s Westroc Hospitality and Woodbine Development of Dallas bought it.
Prices range from $920 a night for the Presidential Suite to the average stay of $399 a night.
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