April 18, 2024 9:26 pm
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Scottsdale approves third amendment to Museum Square purchase agreement

What has been coined the Museum Square project is beginning to pick up steam as municipal deliberations are approaching. / Submitted graphic / Scottsdale Independent

By Josh Martinez | Scottsdale Independent

Scottsdale City Council approved its third amendment to the Loloma Lands purchase and sale agreement regarding city-owned land in Old Town Scottsdale.

The amendment adjusts several deadlines, including the closing date, and revises legal descriptions and depictions of the north and south parcel land which the city will convey to ARC Scottsdale Holdings, the purchaser.

The land in question is east of Goldwater Boulevard and west of Marshall Way on both the north and south sides of Second Street. The council made its approval at its July 2 meeting at City Hall, 3939 N. Drinkwater Blvd.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.