Massive Mixed-use Redevelopment Planned in Old Town Scottsdale

Article originally posted on on May 21, 2020

Steven and Shawn Yari have major plans for redevelopment in Old Town Scottsdale.

The top executives with California developer Stockdale Capital Partners have submitted plans to the city for the Scottsdale Collective project, which aims to “evolve and mature the greater entertainment district-area into a mixed-use district,” according to plans submitted to the city.

Those plans include redeveloping several parcels in the vicinity of the southeast corner of Scottsdale and Camelback roads into a variety of uses, including adding hotels, office and residential space, as well as retail and public art. George Melara and Jeff Brand of Nelsen Partners and Jason Ploszaj and Joe Ellis of RSP Architects have signed on as architects on the project.

The Yaris have been amassing property in the area for years, buying more than 10 acres of land across from Scottsdale Fashion Square, according documents submitted to the city and Maricopa County real estate records.

The Scottsdale Collective will total 10.25 acres of land, though not all is to be redeveloped. In total the plans call for the project to contain 580,451 square feet of commercial space and 512 units of residential. The site is adjacent to where Stockdale is already developing the Marquee office building at Scottsdale Road and Shoeman Lane.

Find the Complete Article Here: https://www.bizjournals.com/phoenix/news/2020/05/21/massive-redevelopment-in-old-town-scottsdale.html?iana=hpmvp_phx_news_headline

An artist's rendering shows a potential redevelopment plan for the City Center in Scottsdale.

An artist’s rendering shows a potential redevelopment plan for the City Center in Scottsdale.

BACK TO TOP FIVE