Developer Kaplan Postpones Residential Component of 94 Hundred Shea Project

By Philip Haldiman | Scottsdale Independent Developers are looking to build out the 94 Hundred Shea project with a new residential component called 94 Hundred Shea – The Village, on Shea Boulevard, east of 92nd Street. The project would add a 219-unit apartment community on about 3.6 acres, creating a mixed-use environment within the greater …

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Scottsdale Makes Green Construction Code Mandatory for New Building

By Tom Blodgett | Daily Independent The Scottsdale City Council voted Dec. 6 to adopt updates to its building and energy construction codes and to make mandatory a green construction code it also adopted for new building. The council also included an amendment to require homebuilders to include in the infrastructure of new single-family residential …

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Scottsdale’s State of the Multifamily Market

On December 1st, ten panelists spoke at the Hyatt Regency Scottsdale Resort about the Scottsdale State of the Market: An Update On the City’s Leading Developments, Construction and Future Plans. One panel, moderated by Jason Morris (Withey Morris), focused on Analyzing Scottsdale’s Multifamily Market and featured Zach Haptonstall (Rise48 Equity, Scottsdale 5th Ave), Jennifer Schrader …

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Scottsdale Development News: Nearly 1,800 New Units in the Proverbial ‘Pipeline’

By Philip Haldiman, Steve Stockmar | Scottsdale Independent Scottsdale Council to consider residential component of 94 Hundred Shea A developer is looking to build out the 94 Hundred Shea project with a new residential component called 94 Hundred Shea–The Village, on Shea Boulevard, east of 92nd Street. The project would add a 219-unit apartment community …

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How the Governor-Elect Hobbs Plans to Solve Arizona’s Housing Crisis

By Juliette Rihl | Arizona Republic Phoenix-area housing experts and advocates are eager for Gov.-elect Katie Hobbs to move forward with her housing plan, which they largely praised as a comprehensive approach to addressing Arizona’s housing crisis. But some experts also said the plan could go further. Hobbs’ plan proposes encouraging local zoning changes, providing …

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Study: 97% of Scottsdale Homes Taken or Unaffordable

By Sam Kmack | Arizona Republic Researchers presented a rosy outlook for Scottsdale’s affordable housing situation at last week’s city council meeting. They identified a “surplus” of moderately-priced apartments, for example, and found that Scottsdale had relatively more units available for newcomers than similar cities such as Tempe and Pasadena, California. But a closer look …

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Scottsdale Resort Expansion Includes 10 New Guest Units

By Caroline Yu | Daily Independent Andaz Scottsdale Resort & Bungalows looks to expand its property as Paradise Valley’s planning commission considers the permits to allow construction. The resort seeks to develop a 5-acre lot at 6041 Quail Run Road to create 10 additional, one-story guest units with pools, a service building and walls for …

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How Valley Luxury Homes Sell During a Cooling Market

By Angela Gonzales | Phoenix Business Journal Luxury real estate agents continue to close deals at a time when mortgage interest rates have doubled since January. Scott Grigg sold a home in 7 Desert Mountain golf community for $941.47 per square foot. That’s because cash buyers continue to flock to the Valley with millions of …

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Study Defines Scottsdale’s Affordable Housing Woes

By Patrick O’Grady | Daily Independent Scottsdale has a shortage of affordable and workforce housing, at least according to a study presented to the city council on Monday. A report from consulting firm Matrix, discussed during a council workshop on Nov. 14, found there is a shortage of 16,321 housing units across three tiers of …

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Tempe Parking Lot Turning Into Affordable Apartments

By Corina Vanek | Arizona Republic An apartment project the developer hopes will become a model for urban, attainably priced housing around the country will begin construction in Tempe soon and will include redeveloping an office parking lot into a 129-unit apartment complex. The project, called Dwell: A Work @ Home Community, will be built …

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