Mortgage And Real Estate News

Sunday, April 7, 2013

Safari Drive residents worry about sale of Phase II land


Residents of the Safari Drive condominium complex in downtown Scottsdale were told recently that ST Residential plans to sell the property that would house a second, larger phase.

In fall 2011, the City Council approved ST Residential's proposal for the second phase of the complex, including amended development standards under the city's downtown infill-incentive district and plan. It would allow an increase in maximum building height to 105 feet, from 65 feet; an increase in overall density to 55 units per acre, from 50; and an increase in the floor area of the buildings.

Read more: Safari Drive residents worry about sale of Phase II land

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