Scottsdale – One of the last parcels inside of the Loop 101 (Pima Freeway) in North Scottsdale that will allow for a major multi-family development has been acquired by a company formed by Mark-Taylor Inc. in Scottsdale. The 41.18-acre (net) tract, located west of Hayden Road and north of Princess Drive, was sold by the Arizona State Land Department at a public auction held on Tuesday. Princess Hayden LLC (Mark Taylor entity) took control of the mixed-use site with a bid of $31 million, which was the appraised value and the minimum amount required to sell the land.
