TDI Real Estate Holdings has begun construction on the second phase of a project that will bring up to 750 units of luxury housing to Scottsdale, a PR Newswire release says. Construction is presently underway on 322 units called Jefferson on Legacy is scheduled for completion in 2015.
TDI says the site is located within the One Scottsdale master-planned development located at the northeast corner of the 101 Freeway and Scottsdale Road. The 80-acre mixed-use property is planned for specialty retail, dining, Class A office and hotel uses, along with a variety of luxury residential choices, the release said.
For the full release, see Business Notes.