By Edward Gately | The Arizona Republic
A vacant lot once eyed for an expansion of downtown Scottsdale’s historic Hotel Valley Ho now is slated for 135 apartments.
The city council last week approved modified zoning stipulations, amended development standards and a new development plan for the Standard at Valley Ho. It will be built on a little more than three acres at the southwestern corner of 69th and Main streets.
The complex will include a single three-story building that will wrap around a center courtyard with pool. It will be built by Scottsdale-based P.B. Bell, which also developed the Desert Parks Vista multifamily complex at D.C. Ranch.
The estimated cost of the projects is $25 million to $30 million.
Statement by Court Rich, Rose Law Group partner who handles a lot of land use and zoning issues in Scottsdale: “This demonstrates that a strong majority of Scottsdale’s City Council continues to be in favor of continued economic development and growth in the city.”
