Construction Paused on $2B Paradise Valley Master-Planned Community, Residents Frustrated

Article originally posted on Phoenix Business Journal on March 8, 2023

Homeowners of luxury estates at The Palmeraie in Paradise Valley are frustrated with the stop-and-go construction pace of their new homes.

Construction is again on pause for the $2 billion, 122-acre luxury master-planned community — which includes the Ritz-Carlton Paradise Valley resort — because Five Star Development is entering the final phase of financing for the project.

Find The Complete Article Here: https://www.bizjournals.com/phoenix/news/2023/03/07/ritz-carlton-hotel-and-homes-construction-paused.html