Scottsdale & Lincoln land sale linked to mixed-use project

The Marketplace at at Scottsdale Road and Lincoln Drive will include a 264-unit apartment complex. (Corritor Company)

By J. Graber | Scottsdale Progress

The Corritore Company is planning a mixed -use development near the intersection of Scottsdale Road and Lincoln Drive that will include a 264-unit “high-end residential rental community and complementary retail shop buildings.”

Plans for the development were included in a report by Valley real estate tracker vizzda.com in a report last week about the sale of the 2.19-acre site next to an aging office building that sits on an adjacent 8 acres

Vizzda said Dallas-based real estate investment company L&B Realty Advisors paid $16.9 million for the smaller parcel as part of $25.55 million deal that included another parcel of land miles away in Phoenix.

READ ON:

Share this!

Additional Articles

New home sales post solid gain in March

By NAHB Despite higher interest rates last month, new home sales rose in March due to limited inventory of existing homes. However, the pace of new home sales will be under pressure in April as mortgage rates moved above 7% this

Read More »
News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.