November 23, 2024 8:21 pm
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North Scottsdale is ‘on fire’ with new development, available land

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. 

Read the full subscription story from the Phoenix Business Journal.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.