By Terrance Thornton | Scottsdale Independent
The Paradise Valley Ritz-Carlton development — a more than 100-acre luxury development effort — is beginning to sprout both its commercial and residential footprint.
Over the last few weeks, two major developments have occurred: Five Star Development sold 23 acres of land to Shea Homes within the Ritz-Carlton community in the Town of Paradise Valley meanwhile the city of Scottsdale has approved a new shopping center coined, “The Palmeraie” that will, in part, encompass 20 acres of land adjacent to the forthcoming Ritz-Carton resort community.
