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Scottsdale OKs 268KSF Canal Mixed Use

Courtesy of City of Scottsdale

By Matthew Roy for Arizona Builder’s Exchange

The Scottsdale City Council at its June 21 meeting considered a developer’s request to build a 7.68-acre project along the Arizona Canal north and east of the NEC of the intersection of Camelback and Scottsdale roads.

Scottsdale Canal Holdings, LLC seeks to create one of two options for the WaterView Mixed-Use Development, which would develop up to 268KSF on vacant land fronting the canal. The project would be the first to expand the concept embraced by the successful Scottsdale Waterfront (located south of Camelback between Scottsdale Road and Marshall Way) to the north.

Alternative A would include 240 condos, a 269-room hotel, and up to 31KSF of commercial space. Alternate B would eliminate the hotel to bring a denser 416 multifamily units and 20KSF of commercial space to the 6.14-net-acre project. The development would include up to 841 structured parking spaces and reach 90 feet in height for either option if approved.

The development plan also incorporates a number of on- and off-site public improvements, including canal bank improvements, pedestrian improvements and a bridge over the canal at 73rd Street, which would accompany development of Alternative A. The city’s Cultural Council would seek to create a significant artistic statement with the bridge’s construction, intended to rival the canal bridge designed by Paola Soleri for Scottsdale Waterfront.

At its May 25 meeting, the city’s Planning Commission voted unanimously to recommend approval of the proposal. City Council this week voted 5-2 to approve the zoning and adopted an ordinance to enter into a development agreement to build the WaterView development. One council member attempted to nudge the developer to pursue Alternative A, but the motion failed.

 

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