ARIZONA NEWS

DMB Associates seeks to amend One Scottsdale project to add residential units

Dec 26, 2023, 5:00 AM

A rendering of Scottsdale-based DMB Associates Inc.'s One Scottsdale mixed-use development just nor...

A rendering of Scottsdale-based DMB Associates Inc.'s One Scottsdale mixed-use development just north of Loop 101 on Scottsdale Road. (DMB Associates Inc.)

(DMB Associates Inc.)

Seeing a change in market dynamics and looking to capitalize on a “lifestyle” component to its project, DMB Associates Inc. wants approval for a key amendment at its $1 billion mixed-use development across 120 acres in north Scottsdale.

Earlier this month, DMB filed an “amendment to zoning” application for One Scottsdale near the northeast corner of Scottsdale Road and Loop 101. Those amendments include an update to its previously approved land-use budget that would allow for an additional 500 residences and a decrease in the nonresidential footage by roughly 1.3 million square feet. The master plan for One Scottsdale had included 1,250 units envisioned for the development.

Brent Moser, a principal with Lee & Associates Arizona and broker of the project — said the reduction in square feet will mostly affect the office footprint planned for the site. By opting for the change, Moser said it would reduce water usage by about 40% and traffic by roughly 25%, but more people would regularly be on the site full-time.

“The more bodies we can get on-site and [make this more] walkable to turn this into a lifestyle project, the better chance we’re going to have to land a really high-end, full-service hotel and also the six or seven different restaurant concepts that are currently being discussed for the project,” Moser said.

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

We want to hear from you.

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

Arizona News

Phoenix officers shot and injured a man who shot at them first on Feb. 13, 2024. (Phoenix Police Sc...

KTAR.com

Phoenix Police release video of suspect who held woman at gunpoint, shot at officers

The Phoenix Police Department released body camera video on Tuesday of a suspect who shot at officers responding to a call of a man holding a woman at gunpoint.

20 minutes ago

Traffic was restricted on 7th Avenue in Phoenix on Feb. 27, 2024, due to a fatal crash. (Pexels Pho...

KTAR.com

Traffic restricted after fatal crash on 7th Avenue in Phoenix

Traffic was restricted on 7th Avenue due to a fatal three-vehicle crash in Phoenix on Tuesday, authorities said.

1 hour ago

Promotional image of rapper 21 Savage...

Kevin Stone

Rapper 21 Savage coming to Phoenix this spring on his ‘American Dream Tour’

Grammy Award-winning rap star 21 Savage is bringing his distinctive flow to Talking Stick Resort Amphitheatre in Phoenix this spring.

3 hours ago

Mugshot of Raad Almansoori, who was indicted by an Arizona grand jury on eight felony charges...

Kevin Stone

Violent crime suspect wanted for NYC murder indicted on 8 felony charges in Arizona

Violent crime suspect Raad Noah Almansoori was officially charged with eight felony offenses in Maricopa County, officials announced Tuesday.

4 hours ago

Group picture of ABOR members....

SuElen Rivera

Amidst UArizona’s financial challenges, Hobbs chastises university public governing board

Arizona Gov. Katie Hobbs on Monday chastised the state's public university governing board for attacking UArizona's faculty instead of addressing its failures and a $177 million deficit.

4 hours ago

A gloved hand holds a Planatome surgical blade...

Kevin Stone

Planatome, a Phoenix-based surgical blade maker, plans to double size of workforce

Planatome, a Phoenix-based medical device company that makes advanced surgical blades, announced plans to double its workforce.

7 hours ago

Sponsored Articles

...

Fiesta Bowl Foundation

The 51st annual Vrbo Fiesta Bowl Parade is excitingly upon us

The 51st annual Vrbo Fiesta Bowl Parade presented by Lerner & Rowe is upon us! The attraction honors Arizona and the history of the game.

...

Collins Comfort Masters

Avoid a potential emergency and get your home’s heating and furnace safety checked

With the weather getting colder throughout the Valley, the best time to make sure your heating is all up to date is now. 

...

Sanderson Ford

The best ways to honor our heroes on Veterans Day and give back to the community

Veterans Day is fast approaching and there's no better way to support our veterans than to donate to the Military Assistance Mission.

DMB Associates seeks to amend One Scottsdale project to add residential units