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1/15/25
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High Street Residential (HSR) and JV partner Mitsui Fudosan America (MFA) have broken ground on a 215-unit, Class A, luxury residential community in Scottsdale, AZ. The project, which will have a formal name announced as construction progresses, is slated for completion by mid-2027.
The new project is located in Central Scottsdale, just off Scottsdale Rd and Gold Dust Ave. The redevelopment of the 4.2-acre site, previously home to a vacant retail center, located at 10050 N. Scottsdale Rd, will represent a significant capital investment within one of the Valley’s most prominent areas.
The three-story residential building will feature Spanish-style architecture along with rich amenity offerings, including multiple outdoor courtyards, a dog park, a private yoga and fitness studio, a resort-style pool and spa, a sauna, and an expansive work-from-home space with private offices. Residents will have the choice of one- and two-bedroom units outfitted with high-end interior finishes, including custom cabinetry, quartz countertops, upgraded tile and flooring, wine refrigerators, and premium appliances.
“We are thrilled to bring another best-in-class residential community to the City of Scottsdale,” said Paul Tuchin, TCC’s Phoenix Market Leader. “Central Scottsdale has been underserved with new quality housing despite its great schools, healthcare facilities, and retail amenities. This new development will help fill the gap, providing residents with premium housing in one of the Valley’s best places to live.”
Ideally located on Scottsdale Road between Old Town and North Scottsdale, the project will connect residents to the best local amenities in the Valley. Shea Blvd will provide residents direct access to Loop 101 and SR-51, connecting them to employment hubs throughout the metro. The residential community will sit within walking distance of nearly 2 msf of retail, shopping, and dining options, in addition to being just a short drive to Kierland Commons, Scottsdale Quarter, and Scottsdale Fashion Square.
The project has been designed by ESG Architects, and Wespac Construction is acting as the general contractor. HSR is the residential subsidiary of Trammell Crow Company.
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