Cave Creek approves agreement for Carefree Hwy property

By Your Valley

The town of Cave Creek approved a transfer development rights agreement May 21 with the developers of a piece of property on the southeast corner of Cave Creek Road and Carefree Highway.

Black Mountain Marketplace, as the property will be known once developed, will include a Mountainside Fitness and other assorted shops and restaurants.

The 13-acre property’s development agreement was approved by council prior to issuance of any building permits or that the project must comply with the minimum undisturbed land requirement of 20%.

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