The Scottsdale Planning Commission this week praised Gray Development Group's scaled-down proposal for its Blue Sky apartment complex east of Scottsdale Fashion Square and showed no sympathy for still-dissatisfied adjacent property owners.
All participating members of the commission voted to recommend City Council approval of modified development standards and an amended site plan as part of the city's downtown infill incentive district.
Commissioner Jay Petkunas did not participate in Wednesday's vote because of a conflict of interest while Commissioner Michael Edwards was absent.
Petkunas is a resident of the Safari Drive condominium complex, which is located east of the site.
The commission's decision included requiring Gray to play a leading role in initiating a study of east-west pedestrian connectivity between Scottsdale Fashion Square and development on the east side of Scottsdale Road. The move is aimed at making it safer for pedestrian crossing.
Gray has made numerous changes to its proposal in response to negotiations with surrounding property owners, ST Residential and Triyar Properties. Both have filed legal protests forcing a supermajority vote of 6-1 for council approval.
Blue Sky would be located west of ST Residential's Safari Drive and north of Triyar's retail center on the northeastern corner of Scottsdale and Camelback roads. The proposal includes shared vehicle and pedestrian access with Safari Drive, and additional parking for Triyar's retail center.
Randy Grant, spokesman for the adjacent property owners, said Gray's proposal still reflects a "lack of attention to the context of existing development" in the area. The property owners remain concerned about a "dramatic" increase in height, density and mass of buildings, and believe Blue Sky would be a "dominating presence" on Scottsdale Road.
Gray chairman Bruce Gray said his company has never gone to the lengths it has with Blue Sky to appease neighboring property owners. He accused ST Residential of being unreasonably uncooperative.
"Everything they've asked, we've done and then they raise the bar," he said. "Shame on ST."
Gray's original proposal included 1,196 apartment units and a maximum building height of 133 feet excluding an additional 15 feet for rooftop mechanical needs. The proposal now includes 749 units; three buildings, down from five; and a maximum building height of 128 feet, including rooftop mechanical.
The tallest building, along Scottsdale Road, would be just north of the Triyar retail center, while the other two buildings, including a second along Scottsdale Road and one along Arizona Canal, would have a maximum height of 118 feet.
Commission Chairman Michael D'Andrea said Gray's willingness to stick with its proposal and work with neighboring property owners is "commendable" and it should no longer be concerned with trying to appease them.
"I'm seeing personal financial interest come before ... what's best for the community," he said. "Now's the time to stop worrying about the neighbors and make the project the best it can be."
Commissioner Erik Filsinger said the proposal has continually improved with every revision Gray has made, and that he is "perfectly fine" with the project moving forward in the downtown infill incentive district.
"We've got developers taking advantage of the downtown infill incentive district, and that's a good thing," Commission Vice Chairman Ed Grant said.
The council will consider Gray's proposal at its Feb. 22 meeting.
"I think what we've heard clearly from both the city Development Review Board and Planning Commission is they support what we've done so far," said Brian Kearney, Gray's chief operating officer. "They've given us a few suggestions to think about, particularly along the canal. We are certainly willing to look at that."
by Edward Gately The Arizona Republic Feb. 10, 2011 12:44 PM
Scottsdale council OK next step for revised Blue Sky plans
Saturday, February 12, 2011
Real Estate News
Reuters: Business News
National Commercial Real Estate News From CoStar Group
Latest stock market news from Wall Street - CNNMoney.com
Archive
-
▼
2011
(704)
-
▼
February
(94)
- Low-wage jobs lead economic recovery
- Tips for transferring a credit-card balance
- Sectors spar over fee cap on debit use
- Gilbert land buy facing scrutiny
- Fannie, Freddie post losses
- Sluggish new-home sales a drag on nation's growth
- Arizona's banking industry improves
- Maricopa County home valuations fall 11%
- Investors snap up foreclosure bargains
- Number of troubled banks rising
- Trustee-sale date set for resort
- Cash Buyers and Qualified Investors Prop Home Sales
- Fannie and Freddie: The Saga in Charts. - MarketBe...
- Obama Administration Proposes Fannie Mae, Freddie ...
- METALS-Copper posts big gain as energy prices stab...
- Market Commentary 02/24/11
- New Mortgage-Backed Securities Will 'Be Better:" L...
- Homebuilder stocks plunge after home price report ...
- Consumer credit-card gains touted
- Centerpoint project sold; summer debut planned
- Market Recap - week ending 02/18/11
- Tax Liens - Tax Lien Certificates
- Statute of Limitations on Debts
- Global Economy - G20 sceptics wait for shift in be...
- Market upswing greeted by indifference
- Yahoo! Finance - Financially Fit
- Shanghai, Guangzhou Limit Home Buying After China ...
- Bernanke calls for nations to rebalance gaps in trade
- 10 steps to a brighter financial future
- Robb & Stucky files for Ch. 11
- Fed may reconsider plan to limit debit-card fees
- Arizona's economy on the rise, expert says
- Group OKs $34 million loan to build CityScape hotel
- Goodyear targets 2014 for mall
- Number of foreclosures in Valley rose in January
- Are Home Sales Worse Than They Look? - Investors.com
- German rival buys New York Stock Exchange
- Arizonans receiving little help from mortgage program
- Phoenix-area bankruptcy outlook improves
- Equator launches three new modules for REO, short ...
- Market Commentary 02.15.11
- Market Commentary 02.14.11
- Living Room Ready for Liftoff - Yahoo! Real Estate
- Websites explain job-hunt expenses that can be tax...
- Arizona Center marketed for sale
- Desert Mountain Golf Club bought by members for $7...
- Obama Calls For End Of Fannie Mae, Freddie Mac
- Social Security recipients need to act now!
- Gray defaults on state land
- Scottsdale council OK next step for revised Blue S...
- 3 mortgage-crisis strategies
- Expert: Median price of houses could dip to $100,000
- Taxes lower than under Bush
- Tips: Get your tax paperwork in order
- SEC brings fraud charges against three former Indy...
- Buyers See Mortgage Rates Jump Above 5%
- Xtranormal | Bankster v. Deadbeat Debate
- YouTube - Bank Bailouts Explained
- Executive Decision: Bank of America
- 12 current bills would impact HOA rules
- Tax rules put burden on landlords
- Mortgage webinar repeats
- FHA Announces Appraisal Guideline Changes, Elimina...
- Plan for luxury apartment complex clears first hurdle
- Jobless rate fell to 9% in January
- Phoenix-area homeowners get loan help from non-profit
- Moody's Looks at Implications of GSE Reform. Sees ...
- Meritage Homes posts $7.2 million profit
- Biltmore owners file bankruptcy
- 1 market benefits from medical pot
- First GM, now states? Pros and cons of bankruptcy
- Canadian Banks May Buy SunTrust, Zions in ‘Fire Sa...
- 2nd UPDATE: TD Bank Confirms $6.3B Chrysler Financ...
- Bank of Montreal buys M&I for $4.1B
- Three First Community Bank branches in Arizona are...
- Arizona Cardinals owners buy Tom's Tavern
- Law guards renters amid foreclosure
- Keep goals on money a bit vague
- Restraint still key in uneven economy
- Foreclosure losses picked up by taxpayers, investors
- Phoenix-area real-estate market may face new reality
- Cavco seeking to buy Palm Harbor
- Energy-saving pledge featured by Shea Homes
- Phoenix-area housing recovery pushed back again as...
- U.S. financial crisis fueled from negligence, risk...
- Fed: Bond purchasing still vital for economy
- Ariz. business leaders liked Obama's focus
- Phoenix-area housing prices at new low
- Scottsdale lowers height of Waterfront buildings
- Liable for equity balance
- Leaders gauge economic 'new reality'
- Borrowers Bill of Rights proposed in Legislature
- Westcor, hospital in talks to build medical facility
- Market Recap - Week ending January 28, 2011
-
▼
February
(94)