Ritz-Carlton Residences villas projected to generate $240M in one day

Screen Shot 2016-06-01 at 7.35.18 AM copyBy Steven Totten and Mike Sunnucks |Phoenix Business Journal

Five Star Development, the group behind the upcoming $2 billion project for the Ritz-Carlton resort in Paradise Valley, will be holding a one-day, private event for the first phase of the Ritz-Carlton Residences on June 11.

The event is for property specific reservations, and is projected to bring in about $240 million.

91 Ritz-Carlton villas will break ground this summer.

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