Scottsdale hotel to be converted to luxury apartments by mid-2023

Feb 7, 2022, 1:00 PM | Updated: Feb 8, 2022, 12:20 pm

(Sterling Real Estate Partners) (Sterling Real Estate Partners)

PHOENIX — A local investment firm acquired a Scottsdale hotel and plans to convert the space into an 85-unit luxury apartment community.

Sterling Real Estate Partners recently completed the purchase of the 114-room extended stay Suites on Scottsdale, located at Scottsdale and Mountain View roads, according to a press release.

Development of the apartments is expected to start in the summer and an estimated time for completion is the first quarter of 2023.

“The location of this property could not be better,” David Zeff, president of Sterling, said in the release. “There are not many corner locations at prominent intersections on Scottsdale Road.”

Construction will mostly involve updating the property to meet Scottsdale residential building codes.

Each unit will get a new balcony, and amenities will include a fitness center, yoga studio, movie theater, dog park and resort-style pool.

Residences will include one-, two- and three-bedroom units ranging from 450 to 1,350 square feet.

We want to hear from you.

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

Arizona News

(Pexels Photo)...

Brandon Gray

Construction on The Shops at Lake Pleasant in Peoria underway

Construction on The Shops at Lake Pleasant in Peoria has started, the shopping center owner Vestar announced in a press release Friday. 

1 day ago

(Tim Hacker/ Mesa Public Schools)...

ADHS offering free drinking water lead screening for schools, child care facilities

The Arizona Department of Health Services is offering free drinking water lead screening opportunities for schools and child care facilities as part of a nationwide program.

1 day ago

Arizona Rep. Stephanie Stahl Hamilton (Arizona State Legislature and Pixabay Photos)...

Brandon Gray

Arizona Rep. Stahl Hamilton violated House rules by hiding bibles, Ethics Committee finds

The Arizona House Ethics Committee released its findings Friday on an ethics complaint filed against State Representative Stephanie Stahl Hamilton.  

1 day ago

(Photo by Justin Sullivan/Getty Images)...

Associated Press

Hobbs vetoes bill requiring schools to limit transgender students’ bathroom access

Arizona Gov. Katie Hobbs has vetoed Republican-sponsored legislation to restrict use of public school restrooms by transgender students.

1 day ago

(Pexels Photo)...

Suspect arrested after allegedly fatally shooting Little Caesars coworker in Glendale

Police have arrested a suspect accused of fatally shooting a coworker in Glendale on Friday.

1 day ago

Follow @suelenrivera...

SuElen Rivera

Tempe gets funding from Maricopa County to operate indoor cooling center

The city of Tempe received a grant from the state's most populous county to operate a new indoor cooling center in the East Valley.

1 day ago

Sponsored Articles



Thank you to Al McCoy for 51 years as voice of the Phoenix Suns

Sanderson Ford wants to share its thanks to Al McCoy for the impact he made in the Valley for more than a half-decade.


Desert Institute for Spine Care

Spinal fusion surgery has come a long way, despite misconceptions

As Dr. Justin Field of the Desert Institute for Spine Care explained, “we've come a long way over the last couple of decades.”


OCD & Anxiety Treatment Center

How to identify the symptoms of 3 common anxiety disorders

Living with an anxiety disorder can be debilitating and cause significant stress for those who suffer from the condition.

Scottsdale hotel to be converted to luxury apartments by mid-2023