ARIZONA NEWS

1st phase of $2B Paradise Valley development to open by year’s end

Jun 29, 2020, 7:20 AM | Updated: 3:00 pm

(The Palmeraie Photo)...

(The Palmeraie Photo)

(The Palmeraie Photo)

PHOENIX — The first phase of a $2 billion Valley mega-development is set to open by year’s end.

Located within Paradise Valley and Scottsdale, The Palmeraie is a 122-acre community that offers shopping, hospitality, dining, living, wellness and relaxation.

The main attraction of the development is The Ritz-Carlton, Paradise Valley.

The hotel will feature 215 rooms with bungalows, detached casitas, private entrances and suites spread across 20 acres.

Resort amenities feature a 2,500 square-foot health and fitness center in addition to a 16,000 square-foot spa with indoor and outdoor treatment areas.

Surrounding the resort will be residences that include 81 condominium-style homes that start at $1.6 million and 39 single-family estate homes that start at $5 million.

The second phase of The Palmeraie will be more focused on dining, shopping, social, office and residential housing spread over 18 acres.

It will feature over 60 boutiques and include 41 bespoke residences that will go on sale later this year.

Phase two is scheduled to be completed by the end of 2022.

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

Suspect dead after shooting involving Phoenix Police officer...

KTAR.com

Suspect dead, police officer injured after shootout in Phoenix

A suspect is dead after a shooting involving an officer with the Phoenix Police Department on May 28, 2024, authorities said.

18 minutes ago

Bar and grill chain Cold Beers & Cheeseburgers is opening its 17th location in Arizona and first in...

Bailey Leasure

Cold Beers & Cheeseburgers to open new location in Surprise

Bar and grill chain Cold Beers and Cheeseburgers is opening its 17th location in Arizona and first in Surprise.

2 hours ago

Loop-101-off-ramp...

Nick Borgia

Loop 101 off-ramp set to close in Scottsdale for highway expansion

The off-ramp of northbound Loop 101 at Frank Lloyd Wright Boulevard is scheduled to be closed for approximately 60 days, officials announced.

2 hours ago

Gov. Katie Hobbs and Arizona Commerce Authority president Sandra Watson announced a new Canadian tr...

Audrey Jensen/Phoenix Business Journal

New Canada trade office unveiled in Arizona

A Canadian trade office is opening in the Valley to bolster ties between Arizona and its second-largest trading partner behind Mexico.

2 hours ago

SR51 closure lifted after southbound lanes closed due to crash...

KTAR.com

Southbound lanes of State Route 51 reopen near Bethany Home Road due to crash

Southbound lanes reopened early Tuesday morning after a SR51 closure of southbound traffic near Bethany Home Road on Monday night.

10 hours ago

Several donors are matching contributions made to Fountain Hills' International Dark Sky Discovery ...

KTAR.com

Donors to match contributions to Fountain Hills Dark Sky Center for limited time

From now until June 20, several donors are matching contributions made to Fountain Hills' International Dark Sky Discovery Center.

10 hours ago

Sponsored Articles

...

DISC Desert Institute for Spine Care

Sciatica pain is treatable but surgery may be required

Sciatica pain is one of the most common ailments a person can face, and if not taken seriously, it could become one of the most harmful.

...

Collins Comfort Masters

Here’s 1 way to ensure your family is drinking safe water

Water is maybe one of the most important resources in our lives, and especially if you have kids, you want them to have access to safe water.

...

Day & Night Air Conditioning, Heating and Plumbing

Day & Night is looking for the oldest AC in the Valley

Does your air conditioner make weird noises or a burning smell when it starts? If so, you may be due for an AC unit replacement.

1st phase of $2B Paradise Valley development to open by year’s end