By Corina Vanek for Phoenix Business Journal
The Scottsdale Planning Commission agreed to recommend the City Council approve a proposed mixed-use development that spans several sites along the Old Town Scottsdale canal at its meeting Thursday afternoon.
Carter Unger, president of Scottsdale-based Spring Creek Development, took on his father’s legacy project after his father, Fred Unger, passed away from cancer in 2018.
The project, which will likely cost over $700M, is called SouthBridge 2.0 and would include 412KSF of commercial space, including 170KSF of office, 570 residential units and 200 hotel rooms, according to documents submitted to the city.
The project is scheduled to go before Scottsdale City Council on Oct. 15.
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