One Scottsdale

Well-known Valley developer DMB Associates plans to build up to 1,100 residences and 1.8 million square feet of shops, restaurants, hotels and offices on the northeastern corner of Scottsdale Road and the Loop 101.

The project, called One Scottsdale, sits on 120-acres. Construction of One Scottsdale’s 60-acre commercial core, which sits on the south end of the development and will include for-sale condos above retail and brownstones on tree-lined streets, will begin next year and finish in fall 2009.

 DMB will then start working on the second half of the project, a 60-acre piece to the north that will include houses and a resort.

The northeast Valley is emerging as a battleground for developers of mega mixed-use projects. Four developers, including DMB, are planning similar hubs that include shops, restaurants, offices and residences.  Look for One Scottsdale to lead the way…

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