Developer seeks 350 more luxury condos at $1B Scottsdale project

The developer of a $1 billion mixed-use community in north Scottsdale wants to add hundreds of luxury condos to a project decades in the making.

Now, DMB Associates Inc. is awaiting a recommendation from the Scottsdale Planning Commission on a “zoning district map amendment” before it’s seen by City Council, according to city documents. The Scottsdale-based company would like to make room for 350 additional “for sale residential units” by cutting back on 1.3 million square feet commercial space within the 126-acre One Scottsdale development.

This request was supposed to be presented to the commission during the March 25 meeting, but that didn’t happen because of technical errors on the staff report that need to be corrected, said Susan Bitter Smith, president of Technical Solutions and a representative of the developers. The item is expected to be rescheduled to a May 13 meeting.

Smith said the mix-use development was originally approved by the city 23 years ago. DMB purchased the land — located off Scottsdale Road and Loop 101 — in 2002 in partnership with the Marley-Corrigan Family, according to past reporting.

This story is posted in partnership with Phoenix Business Journal. Click to read the full story.

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