Five Star Development to bring to market one-of-a-kind Arizona luxury experience

Scottsdale resident and Five Star Development founder Jerry Ayoub looks upon the forthcoming Ritz-Carlton development ultimately bringing a new view of affluence to the Phoenix metropolitan area. / Independent Newsmedia / Arianna Grainey

By Terrance Thornton | Scottsdale Independent

Over the span of roughly 5,475 days, the highs and lows of local politics and one Great Recession, Scottsdale resident Jerry Ayoub maintained one singular focus: Build the Ritz-Carlton, Paradise Valley.

Confusion and community consternation has surrounded the forthcoming one-of-a-kind luxury resort and retail spectacle due to starts and stops of construction, shifting opening dates and most recently the outcome of entitlements garnered through a municipal development agreement.

But in early August, the Ritz-Carlton Hotel Company formally announced its expected summer 2020 opening of The Ritz-Carlton, Paradise Valley.


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