Why this Chicago condo developer selected Phoenix for initial out-of-state expansion

(Photo via Belgravia Group Ltd.)

By Angela Gonzales | Phoenix Business Journal

Chicago-based Belgravia Group Ltd. has selected metro Phoenix for its first out-of-state expansion in its 70-year history, with plans for huge growth in the Valley.

With plans to invest $100 million to develop its first luxury condominium in north Scottsdale, the developer views metro Phoenix as the land of opportunity.

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