Natan Jacobs
  • Home
  • About
    • Who We Are
    • Career
    • Contact
    • Invest With Natan
    • Newsletter
  • Sales & Leasing
    • Buy Real Estate
    • Sell Real Estate
    • All Listings
  • Resources
    • Blog
    • Cash Offer
    • Referral
    • Research
    • YouTube
  • Contact
  • Menu Menu

Big Projects ‘Flipping’ North Scottsdale Landscape | Living In Phoenix Arizona

May 14, 2025

BIG PROJECTS ‘FLIPPING’ NORTH SCOTTSDALE LANDSCAPE

LIVING IN PHOENIX, ARIZONA

Big Projects ‘Flipping’ North Scottsdale Landscape

 

By Tom Scanlon, East Valley Tribune, eastvalleytribune.com | May 14, 2025

Construction crews are busy transforming hundreds of acres of North Scottsdale desert land.

An update on a few of the biggest North Scottsdale projects:

Optima

On Scottsdale Road just south of the Loop 101, Optima McDowell Mountain Village is well under way.

The first of six planned apartment buildings – all to have rooftop pools – has been framed.

Ultimately, the project plans 1,330 apartments and 36,000 square feet of commercial area.

Underground parking is planned for the 22-acre site at Scottsdale Road and Mayo Boulevard.

ASM

Netherlands tech giant ASM has started building a new North American headquarters – double the size of its current Phoenix facility.

On its 20 acres, semiconductor equipment supplier ASM plans a $300 million office and research lab. A five-story parking garage will be used by up to 1,300 ASM employees.

Last year, City Council approved a development agreement with ASM for 21 acres on Miller Road – which will be expanded with a roundabout, per the agreement.

Banner Health

Banner Health was part of a $7 million water-sewer line reimbursements agreement with the city.

In September, the Scottsdale Development Review Board unanimously approved Banner’s plan for a three-story medical office building.

Preliminary work on the project has started.

Banner Health Center Plus is the first – and most modest – part of a $400 million “medical campus” plan for the 48-acre site.

According to Banner spokesman David Leibowitz, who also is an Axon spokesman, “Banner has made substantial progress on the Banner Health Center plus since unanimous approval in September by the Development Review Board. We’re on track to have permits approved and a groundbreaking celebration this month.”

While the smaller facility will be completed by early 2027, Banner Health must receive rezoning approval to build its planned hospital here.

Rival HonorHealth is putting up a public relations and legal fight.

Axon

The rollercoaster ride continues for founder/CEO Rick Smith’s dream of a “corporate campus” near the Loop 101 and Hayden Road.

In November, City Council approved the plan for nearly 1,900 apartment units and a hotel, as well as the originally planned new corporate headquarters.

But, after a group gathered enough signatures to challenge the council rezoning and force a referendum, Axon successfully lobbied for state legislation.

On May 6, City Council – made up of new members who generally oppose Axon’s plan – approved paying a legal consultant to consider a court challenge of the Axon-friendly bill signed by Gov. Katie Hobbs last month.  – more at eastvalleytribune.com

 



Thinking about investing in Phoenix real estate? Have a property to sell in Arizona? Tell us what you’re searching for. Connect with us to buy, sell, or lease multifamily, residential and commercial real estate in Phoenix, and across Arizona. Let’s work together.

Natan Jacobs, Vestis Group

Call: 602-281-6202

Email: Info@Vestis-Group.com

 

Share this entry
  • Share on Facebook
  • Share on X
  • Share on WhatsApp
  • Share on Pinterest
  • Share on LinkedIn
  • Share on Tumblr
  • Share on Vk
  • Share on Reddit
  • Share by Mail
https://natanjacobs.com/wp-content/uploads/2025/05/Big-Projects-‘Flipping-North-Scottsdale-Landscape-Living-In-Phoenix-Arizona.png 550 1392 Natan Jacobs https://natanjacobs.com/wp-content/uploads/2026/03/Natan-Jacobs-Real-Estate-logo-ABI-logo-WHITE-1.png Natan Jacobs2025-05-14 13:48:262025-05-15 13:48:39Big Projects ‘Flipping’ North Scottsdale Landscape | Living In Phoenix Arizona
You might also like
25 Valentine’s Day Date Night Ideas In Arizona For 2025 | Living In Phoenix Arizona
Turney Apartments | Central Phoenix | Vestis Group Commercial Real Estate News 07-17-17 | AZBEX
Scottsdale Arizona Ranks No. 1 Among 2024’s Most Dog-Friendly Cities | Living In Phoenix Arizona
Here’s How The Pandemic Changed Home Buying | Living In Phoenix Arizona
28 Ways To Celebrate The 4th Of July In Arizona | Living In Phoenix Arizona
Builders Continue Shift To Condos And Townhomes Amidst Affordability Crisis | Living In Phoenix Arizona
Vestis Group Brokers Off-Market Sale Of Central Phoenix Apartments
Affordable Housing Crisis In Arizona: Here’s What New Report Shows | Living In Phoenix Arizona
Search Search

LATEST POSTS

  • Phoenix Commercial Real Estate Leasing Guide for Tenants
  • Buying Multifamily Property in Phoenix: What To Know
  • Best Phoenix Zip Codes for Growth: Top Neighborhoods to Buy in 2026
  • Phoenix ZIP Codes With The Fastest And Slowest Gen Z Growth
  • Here’s What $400,000 U.S. Median Home Price Buys In Arizona Cities
  • 20 Most Affordable, Fastest-Growing Cities In U.S. Include 2 From West Valley
  • 17 Great Places To Celebrate St. Patrick’s Day
  • Cost of Living in Phoenix vs Scottsdale: 2026 Breakdown & Moving Tips
  • Arizona Real Estate Investment Strategies for Phoenix Buyers
  • First Time Home Buyer Programs Phoenix: Grants, Loans & Steps
  • Phoenix Commercial Real Estate for Lease: 2026 Market Guide.
  • How to Buy a House in Phoenix From Out of State, Quick Guide
  • Selling a House in Phoenix Fast: 7 Smart Steps to Close Quickly
  • Best Phoenix Zip Codes to Buy a Home, Top Picks for 2026 Guide
  • Phoenix Housing Market Trends 2024: Buyers’ Guide & Forecast
  • Here’s Where Arizona Ranks Among States For Adding New Residents
  • Metro Phoenix Rental Market Now Renter-Friendly As Vacancy Rate Climbs To 8.4%
  • ASU Ranks No. 9 Worldwide, No. 5 Nationally For U.S. Patents Issued In 2025
  • Rent Affordability Hits Four-Year High, With Further Relief Ahead
  • Co-Buying A Home With Friends? Here Are The Pros And Cons

Natan Jacobs Real Estate logo

CONTACT NATAN JACOBS

Email: Natan@NatanJacobs.com
Phone: 602-281-6202
Address: 5227 N 7TH ST, PHOENIX, AZ 85014

NatanJacobs.com | PhoenixCondoKings.com | SellYourPhxHome.com | WeBuyPhoenixApartments.com | ArizonaApartmentManagement.com

Copyright © Vestis Group | Website Developed by Bemo Design - Wordpress Responsive Web Design, SEO Company in Scottsdale

  • Link to Facebook
  • Link to Youtube
  • Link to X
  • Link to Instagram
  • Link to Pinterest
  • Home
  • Phoenix Apartments For Sale
  • Arizona Apartment Broker
  • Terms
  • Fair Housing
  • Contact
Link to: Here Is What’s New In Scottsdale For Summer 2025 | Living In Phoenix Arizona Link to: Here Is What’s New In Scottsdale For Summer 2025 | Living In Phoenix Arizona Here Is What’s New In Scottsdale For Summer 2025 | Living In Phoenix Ariz... Link to: Phoenix Named No. 1 Industrial Market In First Quarter Of 2025 | Living In Phoenix Arizona Link to: Phoenix Named No. 1 Industrial Market In First Quarter Of 2025 | Living In Phoenix Arizona Phoenix Named No. 1 Industrial Market In First Quarter Of 2025 | Living In Phoenix...
Scroll to top Scroll to top Scroll to top