Developers may soon break ground in north Scottsdale on a massive mixed-used complex that would become one of the Valley’s largest developments if its plans are approved by the Scottsdale City Council. The project, known as One Scottsdale, features a mix of modern office towers, street-level shops, and high-density housing that would make it even larger than Kierland Commands and Scottsdale Quarter combined, according to an article in The Arizona Republic.
Scottsdale-based developer DMB—the company behind Eastmark in Mesa, Verrado in Buckeye, and DC Ranch in Scottsdale— hopes to start construction on the northeast corner of Scottsdale Road and Loop 101 in spring 2016. Once completed, the project is expected to draw thousands of jobs and residents to the area.
Phase one entails breaking ground on an office and retail center on the northern end of the lot for the first of four three-story office buildings expected to house nearly 600,000 square feet of work space. Eventually, One Scottsdale would expand to include a cluster of six-story buildings and nearly 3 million square feet of commercial space.
The second phase will bring a dense urban core of offices, shops, restaurants, and two parking garages. Since DMB is teaming up with Macerich, the company behind Kierland Commons, to develop this urban core, this section will likely have a similar feel (although it will probably have very different shops and restaurants). Also planned for this section is at least one, 400-bed hotel.
Phase two, which will also include development of apartments or condos south of Legacy Drive, could start construction in late 2016 or early 2017.
At this point, start dates and the scope of the project depend on city council approval.
No city council vote is scheduled yet, according to The Arizona Republic, but DMB is requesting a zoning amendment to raise the maximum building heights to 90 feet. If approved, DMB could build six-story office towers and increase the number of apartment units from 1,100 to nearly 2,500.
Plans for One Scottsdale actually date back to 2008 when industrial giant Henkel opened a 348,000-square-foot, North American headquarters for its consumer products on the southern edge of the property, overlooking Loop 101. Henkel’s consumer brands include Dial, Purex, Right Guard, and Schwarzkopf.
Realtor | Founder
The Matheson Team – RE/MAX Fine Properties
21000 N. Pima Rd., #100, Scottsdale, AZ 85255