Mortgage And Real Estate News

Tuesday, December 11, 2012

Scottsdale infill-incentive projects slow to get off drawing board

Scottsdale’s downtown infill-incentive district and plan, adopted in summer 2010, has netted only one actual construction project.

A divided City Council adopted the district and plan, which established a building-height maximum of 150 feet north of the Arizona Canal and surrounding Scottsdale Healthcare Osborn Medical Center.

The district and plan allow property owners downtown to request amended development standards, such as increased height and density, in exchange for public benefits, such as investment in public art and amenities.

Read more: Scottsdale infill-incentive projects slow to get off drawing board

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