Photo Courtesy of High Street Residential
By Corina Vanek | Arizona Republic
A developer plans to add about 240 apartment units in the parking lot of a Scottsdale retail center, a $100 million project that aims to add housing and boost business activity.
High Street Residential, the residential development arm of Trammell Crow Co., submitted plans to Scottsdale to redevelop a portion of the retail center at 7000 E. Shea Boulevard. The redevelopment would keep most of the existing retail space on the site and develop apartments in what is now a parking lot.
A vacant retail building also would be redeveloped as part of the project, named Sundown Commons. Underground parking is planned to be added to make up for lost surface parking.
The new building will be “stepped up” to range in height from two to four stories and will reach a maximum of 48 feet.