Scottsdale By The Numbers

Let’s cut through the noise. For months, numbers have been tossed around like poker chips when it comes to how many multi-family projects are really in the works across Scottsdale. But now we’ve got the official word, straight from the city's own update: 7,592 multi-family housing units. Not 15,000. Not 20,000. Just under 7,600. That 7,592-unit count covers both apartments and condos, but to avoid any confusion, we're using "multi-family" to refer to any non-single-family housing in development. Some are apartments for rent. Some are for-sale condos. Here's where things actually stand.

Pipeline Breakdown & Where Things Stand

Here’s the quick-hit breakdown of where all those multi-family units are in the pipeline right now:

• 1,345 units in the proposal stage
• 2,669 units already approved, waiting on permits
• 3,578 units actively under construction

Not included? The 1,895 potential units tied to Axon’s planned campus. That deal’s rezoning already passed but still hangs in limbo due to legal wrangling.

Also Read: Scottsdale’s 1% Apartment Law Sparks Housing Legal Firestorm

The Beverly In North Scottsdale

A Few Projects Worth Watching

If you’re tracking what’s reshaping The Valley’s luxury inventory, keep an eye on these:

• Optima McDowell Mountain – 1,330 units rising in the One Scottsdale area
• Hazel & Azure (Camelback) – 532 units transforming the Blue Sky site
• Legacy North Apartments at Crossroads – 443 units underway
• Scottsdale & Gold Dust (High Street Residential) – 215 new units moving dirt
• WaterView Residential – 260-unit mid-rise off 73rd Street

Also in motion: Sereno Canyon Phase 4 (296 units), Scottsdale Residences (130 units), and Portico (112 units, Belgravia's entry at One Scottsdale).

What's Out, What’s New

Since the January update:

• 47 units added via new entitlements (Artessa project)
• 591 units received final DRB approval across five sites
• 1,074 units began construction
• 314 units wrapped up construction (Streetlights Residential)

At the same time, 1,638 units dropped off the radar due to withdrawn applications or expired approvals.

That drop is a reminder. Not every "approved" project ever breaks ground. Some sit in limbo. Others get shelved. So while 7,592 is the headline number, actual delivery? Still very much in flux.

Also Read: Two Bills Could Strip Scottsdale’s Zoning Powers On Apartments

The Beverly In North Scottsdale

Zooming Out: 2010 To Now

Looking back to 2010 paints a clearer picture of Scottsdale's development rhythm:

• 29,800 units entitled since 2010
• 20,600 units made it to DRB approval
• 12,800 units actually built
• 3,500 units currently under construction (some rounding differences in the city’s dataset)

And here's a nuance: Roughly 2,500 of the DRB-approved units came from pre-2010 entitlements. Some of this pipeline stretches back more than a decade.

Why It Matters For Buyers & Sellers

Williams Luxury Homes is always tracking these numbers for one reason: they impact what gets built and when. Luxury condos. High-end rentals. Boutique mid-rises. Supply impacts pricing. Delays shift timelines.

Whether you’re looking to invest, downsize, or upgrade into one of these developments, knowing the pipeline helps. If you'd like insights on which of these projects are expected to deliver soon or may be better suited for your goals, we’re here to help.

Because in a city like Scottsdale, the numbers always tell a deeper story.

Also Read: The Valley’s High-End Rentals Grew 500% Over Last Few Years!