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Price break on land emerges in Museum Square negotiations

Posted by   /  September 18, 2019  /  No Comments

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By Wayne Schutsky | Scottsdale Progress

The City of Scottsdale is willing to reduce the land sale price for Museum Square by $1 million to remove height limits and other deed restrictions standing in the way of the proposed development.

In August, the Progress reported much of the city land at the center of the deal is subject to a 60-foot height restriction imposed by a deed restriction held by the neighboring Gateway at Main Street Plaza condominium community.

The proposed Museum Square development would include a 150-foot hotel and several residential buildings over 100 feet tall, which could not be built with the restriction in place.

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  • Published: 1 month ago on September 18, 2019
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  • Last Modified: September 18, 2019 @ 8:51 am
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