Billion Dollar Row

Hello, everyone! Welcome to LUXE BLOG. Today on our site, we’re diving into the Billion Dollar Row in North Scottsdale. Also known as the Development Corridor or the Scottsdale Road & Loop 101 Corridor, this area is the epicenter of high-density, mixed-use projects in Scottsdale.

Before we start, let’s clarify: this Billion Dollar Row isn’t to be confused with the one in Silverleaf. We’re talking about the corridor along Scottsdale Road and Loop 101. Here, luxury living, innovative businesses, and sustainable construction come together to create a one-of-a-kind community. With stunning views, world-class retail, and a live-work-play lifestyle, this is Scottsdale’s most dynamic area. From multimillion-dollar healthcare facilities to futuristic corporate campuses, there’s nowhere else in Scottsdale seeing this much development. Let’s explore the key projects transforming this corridor.

$400 Million Banner Health Project

One of the most anticipated developments is Banner Health’s massive $400 million project. Approved by the city council, this healthcare campus is set to transform a 48-acre site near Loop 101 and Hayden Road.

• Phase One: Banner Health Center Plus, a three-story facility offering urgent care, outpatient imaging, surgery, and specialized cancer care in partnership with MD Anderson.
• Future Plans: A full-service hospital and expanded medical campus.

The facility will bring cutting-edge medical services to North Scottsdale while creating hundreds of jobs. It’s scheduled for completion by the end of 2025.

Axon HQ Corporate Campus

Axon, a leader in public safety technology, is developing a $1.3 billion corporate campus near Hayden Road and Loop 101.

• 250,000 square feet of spaceship-inspired office space.
• 1,900 luxury residential units designed for a live-work-play environment.
• A hotel, seven restaurants, and lush green spaces, including shaded walkways and dog parks.

Axon’s futuristic vision includes creating up to 18,800 jobs annually, with average salaries exceeding $100,000. This project alone will generate billions in economic impact.

Optima McDowell Mountain

Sustainability meets luxury at Optima McDowell Mountain, a $1 billion development on a 22-acre site at Scottsdale Road and Loop 101.

• Six eight-story buildings featuring 1,300 apartments and condos.
• Subterranean parking, rooftop gardens, and net water-neutral systems.
• First private rainwater harvesting system in Scottsdale, the largest of its kind in U.S. history.

With indoor and outdoor fitness centers, an amphitheater, and breathtaking views of the McDowell Mountains, this project is redefining sustainable luxury living.

Cavasson

Cavasson, a 135-acre master-planned community by Nationwide Realty Investors, is located at Loop 101 and Hayden Road.

• 1.8 million square feet of office space, including Nationwide’s regional HQ.
• The Hilton at Cavasson, featuring upscale dining at Desert Pony Tavern.
• 1,600 luxury residences, including Toll Brothers’ townhomes at Cavasson.
• Community parks, courtyards, and pedestrian-friendly pathways.

Cavasson combines corporate innovation with residential elegance, making it a key part of the corridor’s growth.

The Parque

The Parque, a $1 billion mixed-use project on the former CrackerJax site, is bringing an eco-friendly approach to the corridor.

• 1,182 residential units, with 10% allocated as workforce housing.
• A five-star hotel and branded 119-foot condo tower.
• 250,000 square feet of commercial space tailored for tech companies.
• A two-acre central park and advanced stormwater systems.

With its emphasis on green living and community engagement, The Parque is setting a new standard for sustainable development.

Erickson Senior Living

Erickson Senior Living is building a 57-acre luxury retirement community near Princess Boulevard.

• Nearly 1,000 independent living units and 250 assisted living spaces.
• Amenities include fitness centers, pools, dining options, and medical facilities.
• A phased construction plan designed to meet the growing demand for upscale senior living.

This project ensures seniors can enjoy the vibrant Scottsdale lifestyle with access to top-notch care.

ASM International Headquarters

ASM International, a Dutch semiconductor company, is investing $300 million to build its new North American headquarters in the corridor.

• Over 20 acres of space, with completion expected by 2026.
• More than 500 new jobs in high-tech manufacturing.
• Focus on renewable energy and water-saving technologies.

ASM’s presence reinforces Scottsdale’s reputation as a tech and innovation hub.

One Scottsdale

One Scottsdale, a 120-acre mixed-use community, is already making waves at Loop 101 and Scottsdale Road.

• 2.86 million square feet of commercial space and 1,100 residential units.
• High-end retail, restaurants, and hospitality options.
• Projects like Portico, Atavia, and The Beverly are adding luxury housing options.

With its central location and blend of living, working, and recreation, One Scottsdale is a cornerstone of the corridor’s transformation.

Why The Scottsdale Road & Loop 101 Corridor Matters

This corridor is the most exciting place in Scottsdale right now. No other area can match the sheer scale and variety of developments happening here.

• A focus on mixed-use, live-work-play communities.
• Green construction and sustainable designs.
• Proximity to Scottsdale Airport and major transportation hubs.
• Incredible views of the McDowell Mountains and surrounding desert.

From luxury condos to cutting-edge tech campuses, the Scottsdale Road & Loop 101 Corridor embodies Scottsdale’s bright future. Whether you’re looking for a place to live, work, or play, Billion Dollar Row delivers it all.

LUXE BLOG will keep you updated on every step of its evolution. Stay tuned for more insights into Scottsdale’s fastest-growing community.