A site plan for Nationwide Realty Investors’ Cavasson master-plan development. (Via Nationwide Realty Investors)
By Ron Davis | Phoenix Business Journal
Phoenix-based Banner Health had been working with the city of Scottsdale earlier in the year on entitlements for the land before it went for auction on Nov. 16. But HonorHealth also brought its auction paddle to compete for the land.
The $56.95 million minimum bid ratcheted up to $84 million, with HonorHealth walking away the winner of the land at the northeast corner of Loop 101 and Hayden Road.
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