THE LUXURY CONDO MARKET IN SCOTTSDALE, PHOENIX AND TEMPE
A relatively recent addition to Greater Phoenix and Scottsdale has been the introduction of large luxury condo developments offering outstanding amenities and a different way to enjoy desert living. The most notable developments have gone up in the new Scottsdale Waterfront area as well in the heart of the Biltmore corridor.
These luxury condo developments are perfect for local residents who want to downsize their larger homes or for seasonal visitors who want to "lock and leave" their Arizona homes. Besides the amenities onsite, many of these communities are walking distance from excellent restaurants, entertainment, shopping, cultural attractions and more.
While the list below is not exhaustive, here is a brief overview of some of the developments that have caught my attention.
Scottsdale Luxury Condo Developments
Downtown Scottsdale and the Scottsdale Waterfront area feature some spectacular developments. And, with the growth of the area, there is plenty to do within walking distance to keep yourself entertained.
Optima Camelview is a collection of contemporary and visually-stunning mid-rise buildings featuring steel, glass and abundant plant life. It was designed by the award-winning architect David Hovey and has elevated condo living to a new level. It is located on Scottsdale Road just north of Camelback, adjacent to the Scottsdale Fashion Square Mall. In addition to great amenities, Optima Camelview is home to an on-site dry cleaner, upscale dining and more. One of the restuarants of note is Posh, where you can sample "improvisational cusine."
Another major development is the Scottsdale Waterfront Residences. This elegant community is very popular and overlooks the waterfront district. Residents find themselves in the heart of an exciting dining, shopping and entertainment district. The Scottsdale Waterfront Residences luxury condos are right in the middle of all of the action and the views are fabulous.
If you are considering lucury condos a little further north, there are two outstanding developments in North Scottsdale. The first is The Landmark at Kierland. The onsite amenities are best-in-class and the Landmark is within walking distance to all of the shopping, dining and nightlife at Kierland Commons. The second option at Kierland is the Kierland Plaza Lofts. Although they are not technically condos, these highly sought after lofts should be included in this list. Down the road, we will be seeing some new opportunities in the Scottsdale Quarter neighborhood as well.
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Phoenix Luxury Condo Developments
In the Biltmore Corridor (around 24th Street and Camelback Road), there are several luxury condo developments that have been attracting buyers from all over. The Biltmore are is already well-known for its stunning resort, the Arizona Bilmore Resort and Spa, and elegant living. Shoppers delight in the upscale, outdoor Biltmore Fashion Park Mall and several other shopping and dining venues.
Some of the more notable medium and high-rise communities include: The Residences at 2211 Camelback, Optima Biltmore Towers (sister property to Optima Camelview) and Esplanade Place.
And, within the Biltmore resort area there are two additional elegant communities. They are Two Biltmore Estates and Fairway Lodge at Biltmore Estates. These are adding even more luxury to an already beautiful area.
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Tempe Luxury Condo Developments
Not to be excluded, Tempe also has three luxury condo communities that are centered around the developing Tempe Town Lake area.
The communities are Northshore at Tempe Town Lake, Edgewater at Hayden Ferry and Bridgeview at Hayden Ferry.
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