Photo courtesy of Village Property Management, LLC/Nelsen Partners
By Tasha Anderson | AZBEX
Owner, Village Property Management, LLC is looking to redevelop an outdated commercial site into a vibrant, mixed-use project that will be located near the Scottsdale Greenbelt at the SWC of Hayden and Osborn Roads.
“The current layout of the buildings is dated,” according to the project documents. “Specifically, the center features two “big box” spaces which combined total over 40KSF of the available space. In a national trend, such big box tenants are downsizing and, in some case, disappearing.”
Called Lucky Plaza according to the submitted documents, or Greenbelt 88 according to the project’s website, the mixed-use development proposes a multifamily component consisting of 300 units and about 22KSF of ground floor commercial space. The owner has submitted a request to the City of Scottsdale to rezone the existing 7-acre site from Planned Neighborhood Commercial, Planned Community District, to a Planned Unit Development.