Mortgage And Real Estate News

Sunday, July 7, 2013

Scottsdale council OKs high-end Sierra Reserve plans

The Scottsdale City Council on Tuesday gave its final approval to developer Lyle Anderson’s plan for a high-end residential and resort community adjacent to the McDowell Sonoran Preserve.

The council unanimously approved a final plat and easement abandonments for Sierra Reserve, which will encompass 223 acres at 118th Street and Dynamite Road. In November 2011, the council approved a non-major General Plan amendment and rezoning for the project.

Anderson has been working with the city on Sierra Reserve, formerly known as the eco-resort at the Reserve, since 2010.

Read more: Scottsdale council OKs high-end Sierra Reserve plans

Reuters: Business News

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