In a part of Scottsdale, Arizona that has already seen an abundance of recent commercial, office, and residential growth, plans have been announced for the construction of a new and modern mixed-use project.
Called the Scottsdale Collective, the project on a 10.2-acre site at the southeast corner of N. Scottsdale Road and E. Camelback Road, will include a 214-room hotel, as well as a more than 116,000 square foot residential tower.
To be developed by the Los Angeles-based Stockdale Capital Partners and designed by RSP Architects, which has offices in Phoenix, the project will additionally include up to 41,000 square feet of residential space.
According to the plans submitted to the City of Scottsdale, the goal of the project, near the city’s Entertainment District and Old Town Scottsdale, is to “evolve and mature the greater entertainment district area into a mixed-use district.”
A vertically integrated real estate investment firm, Stockdale Capital Partners, has spearheaded upscale mixed-use projects across the country, with a particular focus on Arizona, California, and Texas.
Late last year, the company purchased around 372,000 square feet of Class A office and research building space in the Scottsdale Airpark.
Plans for the Scottsdale Collective now have to be reviewed and approved in the weeks ahead by both the Scottsdale Development Board as well as the Scottsdale City Council.
By Garry Boulard
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