$700 million mixed-use development proposed along downtown Scottsdale canal

An artist’s rendering shows the enhanced plans for a greenbelt along the canal. / Provided by Spring Creek Development / Phoenix Business Journal

Disclosure: Rose Law Group represents Spring Creek Development

Letter of intent already signed with condo developer; other joint venture partners sought

By Corina Vanek | Phoenix Business Journal

Carter Unger’s father, Fred Unger, spent decades acquiring property along the canal in Scottsdale with a dream of developing a second phase to his SouthBridge project at Stetson Drive north of Sixth Avenue, but he passed away in January before the dream could be realized.

Now, the younger Unger is planning to carry on the family legacy.

Carter Unger, president of Scottsdale-based Spring Creek Development, submitted plans to the city for SouthBridge 2.0 that would include office space, hotels, retail and restaurants plus residential development, totaling nearly 1.7 million gross square feet.

“This project could be a true catalyst for the neighborhood,” Unger said. “We could really do something special here.”

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