November 23, 2024 9:35 am
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JDM Partners planning 2 million square-foot ‘La Via’ project on CrackerJax

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A company formed by JDM Partners LLC in Phoenix (Jerry Colangelo, David Eaton, Mel Shultz, principals) has filed a zoning application to develop a nearly 2 million-square-foot mixed-use project called La Via on a site in Scottsdale that is now occupied by the CrackerJax amusement park. The prime real estate, which totals 27.94 (gross) acres, is located along the east side of Scottsdale Road just north of the Scottsdale Quarter development. Sources say the privately-held JDM Partners, whose most notable member is Colangelo – the Valley sports icon, could pay upwards of $80 million ($2.863 million per acre/$65.72 per foot) to buy the popular CrackerJax Family Fun and Sports Park.

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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.