Construction Begins on Urban-Appeal, Master-Planned Community in North Scottsdale

inbusinessPHX.com

Award-winning real estate development firm, Optima®, is partnering with Mitsui Fudosan America, Inc., (“MFA”) for the development of the first building within its newest Arizona residential development, Optima McDowell Mountain Village™, located on 22-acres on the southeast corner of Scottsdale Road and the Loop 101 Freeway in North Scottsdale.

The first building will consist of 210 rental residences, which just broke ground this month and is located on the southwest corner of the site. The overall development will comprise six, eight-story apartment and condominium buildings that will include 1,330 luxury residences and 36,000 square feet of commercial and retail space.

Designed by David Hovey Sr., FAIA, and David Hovey Jr., AIA, each of the six buildings will feature the sophisticated architectural detail that characterizes Optima’s Arizona projects and will contain its own resort-style amenity offering which will include a rooftop sky deck with a 50-meter Olympic-length swimming pool; a sauna, spa, and cold plunge; a running track that will follow the perimeter of the roof; outdoor fire pits; lounge seating; outdoor kitchens with barbecues and dining spaces and sheltering arbors covered with vines. Every rooftop will offer spectacular views of the McDowell Mountains to the east, vibrant sunsets to the west, Pinnacle Peak to the north and Camelback Mountain to the south.

The ground-floor level of each building will be similarly outfitted with spacious, well-appointed lobbies; a fitness center and yoga studio that look out over the lushly landscaped courtyard; a sauna and steam room; a residents’ club with game room and theater; an indoor basketball and pickleball court; an outdoor pickleball arena; a golf simulator; an outdoor putting/chipping area; indoor and outdoor kids’ play spaces; a massage room; a dog park and pet spa; and a business center and conference room.

Optima McDowell Mountain Village™ will provide an unprecedented 75% open space area at grade level with a grand central courtyard as well as feature a bicycle and pedestrian path around the entire perimeter of the master planned development that will connect to the project’s 36,000 square feet of destination retail as well as the bicycle and multi-use paths of the City of Scottsdale Bicycle Master Plan.

“We are very excited to begin this partnership with an organization of the caliber of Mitsui Fudosan America that shares our commitment to exceptional design, the highest quality construction, resident-centric property management, and the creation of sustainable neighborhoods,” says David Hovey Jr., AIA, President & COO of Optima®, Inc.

The community will be the first project in Arizona to be built under both the new International Energy Conservation Code (IECC) and International Green Construction Code (IgCC). A few highlights of the sustainable features include 75% open space that will be a combination of artificial turf, xeriscape landscaping and native plants; high-performance mechanical systems, and solar panels; 100% underground parking to mitigate the heat-island effect, Optima’s signature vertical landscape system, and the largest private rainwater harvesting system in the United States. The vertical landscaping system, with its self-containing irrigation and drainage, enables a palette of vibrantly colored plants at the edge of each floor to grow both up and over the edge of the building. The integration of enhancements to the vertical landscape and architectural shading systems protects homes from the sun and creates additional privacy, while filtering the air and lowering ambient temperature.

With views of the majestic McDowell Mountain range as the backdrop, the location is just a five-minute drive to the shopping, dining and entertainment destinations of Scottsdale Quarter and Kierland Commons. Being adjacent to the Loop 101 Freeway and just two minutes from the SR-51 Highway and ten minutes away from the I-17 Highway will enable residents to be just 15-25 minutes from Downtown Phoenix, Glendale, Old Town Scottsdale, Tempe, Mesa, and Phoenix Sky Harbor Airport.

Now in its 46th year, Optima® continues to grow in the Greater Phoenix market. Having previously opened Arizona luxury condominium and apartment developments, including Optima Biltmore Towers®, Optima Camelview Village®, Optima Sonoran Village®, and Optima Kierland Center®.

“As is evidenced by our investment in our Optima McDowell Mountain Village™ project, Optima® signifies our long-term commitment to ongoing investment in the growing Scottsdale and Arizona markets,” adds Hovey Jr.

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