Planning Commission Approves Optima McDowell Mountain Village
Optima McDowell Mountain Village
With much experience selling luxury real estate in new developments such as Ritz-Carlton, Paradise Valley, Ascent at The Phoenician, as well as other Optima projects, we keep our eye on the market. In late October the Scottsdale Planning Commission approved the mixed-use development Optima McDowell Mountain Village. The project now awaits an early December hearing where the City Council will vote. Planned to feature three ten-story buildings and three nine-story buildings, the project would be very exciting for the North Scottsdale area.
The Lifestyle
The site was designed to feel open and spacious. Other plans call for a fountain and amphitheater. Parking and trash are expected to be built subterranean. With 36,000 square feet of commercial space, one could expect to see trendy cafes, offices, a boutique spa, and more. Each building will feature a top-floor running track, large pool, fireplaces, and BBQ areas.
Via encircling itself with a 14-foot-wide pedestrian and bicycle path, Optima McDowell Mountain Village plans to incorporate itself with to the beloved Scottsdale Bicycle Master Plan. This master plan is designed to connect all of the city of Scottsdale via bicycle and electric bicycle transportation.
Why We Love It
We love the project of Optima McDowell Mountain Village for several reasons:
- Architects David C. Hovey, FAIA and David Hovey, Jr. AIA are two of our favorite in the country.
- Optima Inc.'s developments utilize sustainable features and greatly reduce energy costs and waste.
- Designed to be net water neutral to the city of Scottsdale for its first 10 years.
- "Location, Location, Location". Located at the 101 and Scottsdale Road, the location couldn't be better.
- From this area the views of the McDowell Mountain Range are breathtaking.
- Close to the freeway for easy access to destinations across the valley.
- Well over 100 trees are expected to be planted creating organic peaceful spaces.
The Real Estate
The nearly 22-acre parcel for the Optima McDowell Mountain Village development plans to house almost 1,000 apartments and over 400 luxury condominiums. These units are expected to range from approx. 675 square feet to over 2,200 square feet. Units should include studios, one-, two-, and three-bedroom floorplans, as well as penthouses.