November 21, 2024 3:37 pm
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Larger hotel part of Scottsdale development agreement amendment

Councilmember Suzanne Klapp, Scottsdale Mayor Jim Lane and councilmember Virginia Korte listen during a City Council meeting. / Scottsdale Independent

By Josh Martinez | Scottsdale Independent

An economic development agreement between Scottsdale and Nationwide Realty Investors will now include a full service hotel rather than two select service hotels.

The amendment, which was on the consent agenda, garnered the City Council’s approval at its Dec. 4 meeting. The city and Nationwide Realty Investors originally entered into an agreement in June 2018.

The original pact outlined how NRI would receive public infrastructure reimbursements under the stipulation of certain structures at the southwest corner of Hayden Road and Legacy Boulevard just north of Arizona Loop 101.

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