New City, Within A City?

Planned urban hub in North Scottsdale to include high-end stores, residences and more…

Westcor Corporate ImageWestcor plans to build a new cosmopolitan city within a city on 2,200-acres at Scottsdale Road and the Loop 101 that will include the states most upscale shopping, restaurants, high-rise condos, single-family residential, golf courses, and a boutique hotel.

The development, called Palisene, will likely break ground in 2007 and open in 2009 at the earliest. The regional mall component will have 1 million square feet of space. "This is going to be a have-to-see place," said Robert Williams, a Westcor senior vice president. "This is going to set the tone and set the bar for upscale development not only in the region but in the country."  In fact, I have personally heard rumors that this will be Arizona’s ‘Rodeo Drive’ if it is ever built, which will cause real estate prices in the immediate area to appreciate quite rapidly.

The land that the development is slated to go on is controlled by the State Land Department. The 72-acre commercial core is expected to be auctioned by the state Land Department in 2007. But Westcor has been creating a master-plan for the area with Phoenix for about a decade, leaving a slim chance for any other developer to make a successful bid on this North Scottsdale commercial real estate parcel.

"The goal of this project was really to be a hub of a new community," said Bob Tindal, president of Callison Architecture. The big thing that will separate this project is that, "it will be a destination for people within the region and a destination for a really lively place to live."

THIS is one of the many reasons I have always lived, worked and played in the North East "Valley of the Sun" since moving here in 1978. I love it here and so will you!

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