What's Hot

    Updates Submitted for Long-Planned Phoenix Development Area

    July 11, 2025

    Prescott Discusses Options for Highway 89 Improvements

    July 11, 2025

    Apache Junction Buys 76.5 Acres for Flood Control Project

    July 11, 2025
    Facebook Twitter Instagram
    AZBEX
    NEWS TICKER
    • [July 11, 2025] - Updates Submitted for Long-Planned Phoenix Development Area
    • [July 11, 2025] - Prescott Discusses Options for Highway 89 Improvements
    • [July 11, 2025] - Apache Junction Buys 76.5 Acres for Flood Control Project
    • [July 11, 2025] - Multifamily Completions Hit 40-Year High
    • [July 11, 2025] - Arizona Projects 07-11-25
    • [July 9, 2025] - Phoenix Council Votes for Data Center Restrictions
    • [July 9, 2025] - Project Blue Developers Considering 2 Additional Tucson-Area Sites
    • [July 9, 2025] - Sundt to Build Industrial Facility in Apache Junction
    Facebook Twitter YouTube LinkedIn
    • Home
    • News
      1. View Latest
      2. Planning & Development
      3. Local News
      4. Classifieds
      5. Editorial Analysis
      6. Budgets & Funding
      7. Commercial Real Estate
      8. People on the Move
      9. Arizona Projects
      10. Legislation & Regulations
      11. Trends

      Updates Submitted for Long-Planned Phoenix Development Area

      July 11, 2025

      Prescott Discusses Options for Highway 89 Improvements

      July 11, 2025

      Apache Junction Buys 76.5 Acres for Flood Control Project

      July 11, 2025

      Sundt to Build Industrial Facility in Apache Junction

      July 9, 2025

      Phoenix Council Votes for Data Center Restrictions

      July 9, 2025

      Project Blue Developers Considering 2 Additional Tucson-Area Sites

      July 9, 2025

      Mesa P&Z Recommends Data Center Zoning Restrictions

      July 2, 2025

      Arterial Life Cycle Program Covers 20 Years of Street Development

      June 27, 2025

      Glendale Voters to Determine VAI Resort’s Fate

      May 16, 2025

      Legislation Would Effectively Strip NIMBYs of Referendum Tool

      February 11, 2025

      2025 Forecast Tries to Clarify an Uncertain Market

      February 7, 2025

      KOREPlex Buckeye Site Quietly Listed For Sale

      January 31, 2025

      Ariz. LIHTC to Sunset Under New Budget

      July 8, 2025

      State Government Shutdown Averted as Hobbs Signs Budget

      July 1, 2025

      Arterial Life Cycle Program Covers 20 Years of Street Development

      June 27, 2025

      $56M+ MAG Program will Enable $90M in Arterial Street Widening Projects

      June 24, 2025

      Commercial Real Estate 07-08-25

      July 8, 2025

      Commercial Real Estate 07-01-25

      July 1, 2025

      Commercial Real Estate 06-24-25

      June 24, 2025

      Commercial Real Estate 06-17-25

      June 17, 2025

      Industry Professionals 07-08-25

      July 8, 2025

      Industry Professionals 07-01-25

      July 1, 2025

      Industry Professionals 06-24-25

      June 24, 2025

      Industry Professionals 06-17-25

      June 17, 2025

      Arizona Projects 07-11-25

      July 11, 2025

      Arizona Projects 06-27-25

      June 27, 2025

      Arizona Projects 06-20-25

      June 20, 2025

      Arizona Projects 06-13-25

      June 13, 2025

      Ariz. LIHTC to Sunset Under New Budget

      July 8, 2025

      Tax Bill Would Make LIHTC Permanent

      July 2, 2025

      State Government Shutdown Averted as Hobbs Signs Budget

      July 1, 2025

      Hobbs, Legislators Reach Water Use Compromise

      June 24, 2025

      Multifamily Completions Hit 40-Year High

      July 11, 2025

      Construction Hiring Remains Sluggish

      July 8, 2025

      Ariz. Construction Shed 1,700 Jobs in May

      June 24, 2025

      NABH Council Partnership Wants to Expand Workforce Pipeline

      June 17, 2025

      Updates Submitted for Long-Planned Phoenix Development Area

      July 11, 2025

      Prescott Discusses Options for Highway 89 Improvements

      July 11, 2025

      Apache Junction Buys 76.5 Acres for Flood Control Project

      July 11, 2025

      Multifamily Completions Hit 40-Year High

      July 11, 2025
    • AZBEX
      • Subscribe
      • Classifieds
      • Advertising
    • DATABEX
      • Webinars
      • Monthly Snapshot
    • Events
      • 2025 Mid-Year Update
    • About Us
      • Meet the Company
      • Meet the Sales Team
      • Meet the Editorial Team
      • Meet the BEXperts
    AZBEX
    Home » Planning & Development » New Apartment and Hotel Projects Planned in Prescott Valley
    Planning & Development

    New Apartment and Hotel Projects Planned in Prescott Valley

    BEX StaffBy BEX StaffJune 2, 2023No Comments3 Mins Read
    Homewood Suites Hotel, Prescott Valley. Credit: Stewart + Reindersma Architecture, PLLC (SRA 360)/Town of Prescott Valley
    Share
    Facebook Twitter LinkedIn Pinterest Email

    By Roland Murphy for AZBEX (BEXCLUSIVE)

    The Prescott Valley Planning and Zoning Commission will consider two proposals in its June 12 meeting that will, if approved and built as planned, deliver 385 rental homes and 90 new hotel rooms to the community’s inventory.

    Villas at Prescott Valley

    Developer Trilogy Investment Co. wants to build Villas at Prescott Valley, a 385-unit “condo-like rental community” planned for roughly 33 acres at the NWC of Market Street and Great Western Drive, according to the staff report accompanying the proposal. The site lies roughly a quarter mile north of SR 69.

    Building heights are planned for three stories, and each unit will have an attached two-car garage. Planned amenities include a central gathering space with a dog park, clubhouse and pool area. There will also be a multi-use trail connecting the development to the greater Glassford Regional Market Place and Town-owned property to the northwest.

    The company is requesting a rezoning from R1-MH (Residential; Single Family Mobile/Manufactured Homes and C-2 (Commercial; General Sales and Services) to RS-PAD (Residential and Services-Planned Area Development) and a preliminary development plan approval.

    A neighborhood meeting was held in March to inform nearby residents about the proposal. The staff report does not identify any issues or questions arising from the meeting.

    Planning staff has recommended approval for both requests.

    The property owner is Prescott Valley Holdings (GA) LLC. Trilogy Investment Co. is the developer. Matrix Design Group serves as the project representative, landscape architect and civil engineer.

    Homewood Suites Hotel, Prescott Valley

    Matticus Hospitality Group is requesting a rezoning and preliminary development plan for a one-acre site north of Highway 69 at the NWC of Frontage Road and Glassford Hill Road to build a 90-room Homewood Suites Hotel.

    The site is currently zoned RS-PAD (Residential and Services-Planned Area Development), and the request seeks a change to C2-3 PAD (Commercial; General Sales and Services-Planned Area Development). Planned amenities include an indoor pool and spa area with pickleball courts and a fitness center.

    Two community meetings were held to discuss the project. In the first meeting, residents had concerns about potential traffic from the new hotel. As a result, the site plan was revised to alter the traffic flow. In the second meeting, residents continued to express concerns, this time about the height and scale of the building, which is similar to an existing hotel in the immediate area.

    In its report, planning staff points out, “By right the project could be reversed with the hotel built on the southern property… and the parking lot built on the northern parcel (the subject of the ZMC) fronting onto Horizon Lane. This concept would not require the (Zoning Map Change) and could move to the Final Development Plan (FDP) stage to Town Council.”

    Staff has recommended approval for both the zoning change and the preliminary development plan.

    The developer is Matticus Hospitality Group. Stewart + Reindersma Architecture, PLLC (SRA 360) is the design firm. Kimley-Horn & Associates, Inc. is the civil engineer.

    apartments/condos building height Glassford Regional Market Place Homewood Suites Hotel hospitality Hotels/Resorts/Casinos Matrix Design Group Matticus Hospitality Group multifamily neighborhood opposition NIMBY Preliminary Development Plan Prescott Valley Holdings (GA) LLC Prescott Valley Planning and Zoning Commission Private rezoning SRA 360 Stewart + Reindersma Architecture traffic impacts Trilogy Investment Co Villas at Prescott Valley
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email

    Related Posts

    Updates Submitted for Long-Planned Phoenix Development Area

    July 11, 2025

    Prescott Discusses Options for Highway 89 Improvements

    July 11, 2025

    Apache Junction Buys 76.5 Acres for Flood Control Project

    July 11, 2025

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    Our Picks

    Updates Submitted for Long-Planned Phoenix Development Area

    July 11, 2025

    Prescott Discusses Options for Highway 89 Improvements

    July 11, 2025

    Apache Junction Buys 76.5 Acres for Flood Control Project

    July 11, 2025

    Multifamily Completions Hit 40-Year High

    July 11, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • LinkedIn
    • YouTube
    Don't Miss
    Planning & Development

    Updates Submitted for Long-Planned Phoenix Development Area

    July 11, 20250

    By Roland Murphy for AZBEX Evolving market conditions and product appetites have led IDM Companies…

    Prescott Discusses Options for Highway 89 Improvements

    July 11, 2025

    Apache Junction Buys 76.5 Acres for Flood Control Project

    July 11, 2025

    Multifamily Completions Hit 40-Year High

    July 11, 2025

    BEX serves architecture, engineering and construction firms as well as all the ancillary product and service categories that market to them. These include manufacturing representatives, public agencies and private real estate organizations, specialty subcontractors and services providers related to our industry.

    Our Picks

    Updates Submitted for Long-Planned Phoenix Development Area

    July 11, 2025

    Prescott Discusses Options for Highway 89 Improvements

    July 11, 2025

    Apache Junction Buys 76.5 Acres for Flood Control Project

    July 11, 2025
    Contact Us

    Phone: 480-709-4190
    Address: P.O. Box 12196 Tempe, AZ 85284
    Email: sales@azbex.com

    Type above and press Enter to search. Press Esc to cancel.