New apartment and hotel projects planned in Prescott Valley

Homewood Suites Hotel, Prescott Valley. Credit: Stewart + Reindersma Architecture, PLLC (SRA 360)/Town of Prescott Valley

By Roland Murphy | AZBEX (BEXCLUSIVE)

The Prescott Valley Planning and Zoning Commission will consider two proposals in its June 12 meeting that will, if approved and built as planned, deliver 385 rental homes and 90 new hotel rooms to the community’s inventory.

Villas at Prescott Valley

Developer Trilogy Investment Co. wants to build Villas at Prescott Valley, a 385-unit “condo-like rental community” planned for roughly 33 acres at the NWC of Market Street and Great Western Drive, according to the staff report accompanying the proposal. The site lies roughly a quarter mile north of SR 69.

Building heights are planned for three stories, and each unit will have an attached two-car garage. Planned amenities include a central gathering space with a dog park, clubhouse and pool area. There will also be a multi-use trail connecting the development to the greater Glassford Regional Market Placeand Town-owned property to the northwest.

The company is requesting a rezoning from R1-MH (Residential; Single Family Mobile/Manufactured Homes and C-2 (Commercial; General Sales and Services) to RS-PAD (Residential and Services-Planned Area Development) and a preliminary development plan approval.

A neighborhood meeting was held in March to inform nearby residents about the proposal. The staff report does not identify any issues or questions arising from the meeting.

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