What’s the latest thing going up at One Scottsdale near Loop 101?

Article originally posted on AZ Central on June 17, 2026

Location: 19195 N. 73rd Way, just north of Loop 101 and east of Scottsdale Road in Scottsdale.

Description: A new apartment community with 280 luxury units will soon join the sprawling master-planned development called One Scottsdale.

Developed by the Denver-based Grand Peaks Properties, the five-story building will include a mix of studios and one-, two- and three-bedroom homes.

Next to the tower will also be a six-story parking garage — one below ground and five above — that will provide a total of 474 parking spaces. Of those, 414 are reserved tenants, 47 are for visitors and 13 will be on-street spots.

Residents of the complex will have access to courtyards that feature a pool, views of the McDowell Mountains to the east and other amenities.

When complete, the apartments will be part of One Scottsdale’s 120-acre footprint, which is designed to accommodate approximately 1,250 multifamily units, about 400 hotel rooms, and more than 1.5 million square feet of commercial uses, including offices, retail, and restaurants.

History: Scottsdale’s Development Review Board unanimously approved the project in May 2023.

That September, Grand Peaks purchased the roughly 3-acre parcel from DMB Associates, the master developer of One Scottsdale, for nearly $23 million.

When will the work be done? It’s unclear when the project is expected to finish.

 

BACK TO TOP FIVE