Real Estate
Camelot Homes Buys Three Parcels of Land in Scottsdale with 29 Luxury Homes Planned
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amelot Homes recently closed on the purchase of three parcels of land in Scottsdale with plans to break ground this year on three new luxury communities with a combined total of 29 homes – Aura, The Collection, and Legacy at DC Ranch.
LEGACY AT DC RANCH
“Camelot Homes is very excited for these exclusive new communities,” says Camelot Homes Managing Director Julie Hancock. “All three are private gated enclaves with inspired architecture designed by Woodley Architectural Group (Legacy and Aura) and Bob White of Forest Studio (The Collection). We are especially proud to have built one of the first communities in DC Ranch almost 20 years ago, and now we are building Legacy, which will be the last new community there. All three communities have limited opportunities to purchase and sales will begin this summer.” Camelot closed on 8.5 acres of land at the Southeast Corner of 128th Street and Shea Boulevard on October 26, 2021. This parcel will be the future home of Aura, a community of 12 homes ranging
in size from 1,800 – 3,500 square feet. Located within the Shea Boulevard corridor, directly across the street from the new BASIS school, this location offers easy access to both the HonorHealth and Mayo Clinic campuses. The luxury homebuilder closed October 27, 2021, on 4.7 acres of land at the Northeast Corner of 74th Street and Valley View Road in Scottsdale. Here, The Collection will include eight 4,000 – 6,000 square foot homes located in the heart of Scottsdale. Camelot then closed out 2021 with the December 23 purchase of 3.1 acres west of Pima Road and North of Legacy (roughly south of the southeast corner of 92nd Street and Union Hills Drive) in Scottsdale. Nine 2,800 to 3,500 square foot homes are expected to be built on this last remaining residential parcel in the DC Ranch community. Camelot expects to break ground on all three communities by quarter four of 2022.
An Award-Winning Chicago Real Estate Developer Breaks Ground on Its First North Scottsdale Project A.1
Portico - North Scottsdale to Feature 112 Luxury Condominium Residences
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elgravia Group, an award-winning Chicago real estate developer with more than 70 years of luxury projects constructed under its brand, will mark its Phoenix market entry with Portico - North Scottsdale, a collection of 112 luxury condominium residences located at the northeast corner of Loop 101 and Scottsdale Road. The project will be worth more than $100 million upon completion. Featuring stunning views of the McDowell Mountains, an outdoor pool, upscale clubhouse and a state-of-theart fitness center, Portico will be a key piece within the One Scottsdale masterplan development, which will include up to 2.8 million square feet of retail and office space, 2,000 residential units and 400 hotel rooms upon completion. Portico will be located within nine discreet buildings, each with only five floors, with enclosed parking and intimacy not usually found in high rise living. Portico offers floor plans up to four bedrooms. The homes will feature up to 540 square feet of additional outdoor living area and a true indoor-outdoor living experience. 20 • March 2022 • SCOTTSDALE NORTH NEWS
“Chicago has been our home for over 70 years, and we are very excited to bring our product to the Valley. We have followed this market for many years, and we believe its ongoing growth and strong community is a natural fit for our approach to thoughtful design and homebuilding,” says Jonathan McCulloch, co-CEO of Belgravia Group. “We frequently remind ourselves that our strong reputation in Chicago can’t ever be taken for granted and we strive to maintain and improve that reputation with each project we develop. Now, for the first time in our 70-year history, we are entering a new market and we will set the foundations for our local reputation to be formed as we seek 112 new, happy homeowners at Portico. This is just the first of many projects we plan to develop in the Phoenix and Scottsdale areas.” Portico’s sales center will open this spring and will allow prospective buyers to work with Belgravia’s in-house design team to personalize their homes with lighting and wiring layouts and select finishes from an extensive catalog of up-to-date fixtures and materials. Belgravia Group’s sterling reputation and intuitive home
PORTICO
designs have collected numerous accolades throughout its Chicago tenure, including being named Chicago’s Developer of the Year in 2021, 2020 and 2019 by “Chicago Agent Magazine” and Development of the Year for two recent Chicago projects, Renelle on the River and Three Sixty West. To learn more, visit porticocondos.com and belgraviagroup.com. myhyperlocalnews.com
