When the 200-room Ritz-Carlton Paradise Valley opens in late 2018 on the west side of Scottsdale Road between Lincoln Drive and Indian Bend Road, it’s expected to attract high-end shops and restaurants, many in the Scottsdale Airpark area.
Scottsdale-based Solvere Group is handling the sales and marketing for the Ritz-Carlton chain. Owner Brendan Mann believes the Airpark will be directly impacted. “We know a number of our homeowners will have their own jets, and they certainly will be populating the Scottsdale Airport often,” Mann says. “Our potential purchasers are people of that caliber, who will use the airport as their transportation methodology.”
In addition, a high-end shopping district is going up adjacent to the Ritz-Carlton called The Palmeraie.
Five Star Development is also developing 94 single-level villas on a parcel of land next to the new Ritz-Carlton hotel. After that, the company plans on building 45 single-daily homes, all branded with the Ritz-Carlton name. Even better, the villas and homes will all share the hotel’s pampering services and amenities
“It’s as though you were staying in a hotel all the time,” Mann says. “So you have access to the concierge, to the bellman, if you need him, to a valet. You can get room service to bring you dinner, they will plan a menu and come and cook for your guests and clean up afterward. You can have housekeeping services. It’s kind of like living in a hotel and having all the blessings that comes with that, and yet having access to those services on your terms, depending on what you need for that day.”
Mann says the resort industry is just now getting back on its feet following the 2008 recession, and those clients who are successful want a living environment fashioning the good life.