News Ticker

Paradise Valley Could See New Ritz-Carlton Pitch in 2015

Map credit: Google Maps

Map credit: Google Maps

By Terrance Thornton for Independent Newsmedia Inc.

It appears the development behemoth known as the Paradise Valley Ritz-Carlton project may be rising from its recessional slumber.

Community chatter around the project is building in anticipation of new leadership taking over in the Town of Paradise Valley in 2015, which includes new town council members and a new town manager.

This community conjecture comes following the developer of the Ritz-Carlton resort – Five Star Development – withdrawing its special-use permit preliminary application last July and threatening to build the resort in another community.

At issue is Five Star Development’s desire to change the original SUP approved by town council and later ratified by local residents nearly seven years ago.

The change seeks permission from the town to change the density and build more units on the property – a change town officials historically have been reluctant to grant.

Paradise Valley Town Council in April 2008 unanimously approved a special-use permit application for the construction of the Ritz-Carlton Paradise Valley Resort, Independent archives state.

The matter was put to a public vote in November 2008 and Paradise Valley residents overwhelmingly approved the resort project by a more than 2-to-1 margin.

The project approved on the 105-acre site was for a 225-room resort, spa, restaurants and meeting space as well as 100 resort patio homes, 46 luxury detached residential homes and 15 one-acre estate lots on adjacent vacant land.

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