AriZona Real Estate insider

North Scottsdale is entering one of its most transformative growth cycles in years. Cranes are rising, construction zones are expanding, and developers are reshaping the Loop 101 corridor into a dense, modern urban hub. With One Scottsdale and Axon both pushing forward massive mixed‑use plans, 2026 is shaping up to be a defining year for the region’s real estate landscape.

A New Wave of Condos Hits One Scottsdale

The Scottsdale Planning Commission recently approved One Scottsdale’s request to add 350 new for‑sale condos while reducing more than 1.37 million square feet of commercial space. Zoning attorney John Berry even called it a “zoning unicorn” — a rare case where a developer is asking for less development than what’s already allowed.

This shift reflects a clear market trend: demand for residential living in North Scottsdale continues to outpace demand for large commercial footprints.

Why Developers Are Pivoting Toward Residential

One Scottsdale’s development team, DMB, has spent more than two years refining this plan. Their original proposal included 500 apartments, but after community feedback and market analysis, they pivoted to 350 for‑sale condos instead.

According to the developer, the updated plan:

• Uses less water
• Generates less traffic
• Aligns better with current buyer demand
• Supports the long‑term vision for a mixed‑use, urban‑lifestyle community

This is a strategic move in a market where Scottsdale continues to attract high‑income buyers seeking lock‑and‑leave living near amenities, dining, and employment hubs.

Community Response Has Shifted

Early pushback from Grayhawk residents has largely faded. At the most recent Planning Commission meeting, the only public speaker — an 18‑year Grayhawk resident — voiced strong support for the updated plan.

This marks a notable shift from late 2023, when neighbors expressed concerns about density and water usage. The revised proposal appears to have addressed those issues.

One Scottsdale’s Build‑Out Is Already Well Underway

The One Scottsdale master plan is massive, and much of it is already taking shape. The project includes:

• Up to 2.86 million sq. ft. of commercial space
• 400 hotel rooms
• 2,000 residential units (existing entitlement)

Recent and ongoing development includes:

• Atavia luxury condos
• Portico condos
• One North Scottsdale Apartments
• A Home‑to‑Suites hotel (opened 2023)
• A new City of Hope + Exalt Health medical office building
• Retail and restaurant pads under construction
• A new QuickTrip gas station underway

The addition of 350 more condos will further solidify the area as a high‑density, high‑amenity residential hub.

Axon and the Arizona Cardinals Add Fuel to the Boom

Just across the freeway, Axon (the Taser manufacturer) is pursuing its own massive mixed‑use project, including:

• 1,200 apartments
• Hotels
• Retail and restaurants
• A futuristic headquarters campus

Meanwhile, the Arizona Cardinals recently purchased 217 acres nearby for a long‑term mixed‑use development featuring housing, corporate offices, and an entertainment district.

Together, these projects signal a long‑term transformation of North Scottsdale into a major employment and residential center.

What This Means for Buyers, Sellers, and Investors

North Scottsdale’s development surge is more than a construction story — it’s a signal of where the market is heading. As more mixed‑use communities rise along the Loop 101 corridor, demand for modern, low‑maintenance living continues to grow. These new condo projects are designed for buyers who want convenience, amenities, and proximity to major employment hubs without the upkeep of a traditional single‑family home.

Expert Insight – Juan C Pesqueira

“North Scottsdale is entering a new era of growth. These new condo projects aren’t just additional units — they reflect a long‑term shift in how people want to live. Many of the buyers I’m working with today are specifically requesting a lock‑and‑leave lifestyle, and these developments are being built to meet that demand.”

This shift toward higher‑density, amenity‑rich living is reshaping buyer expectations and influencing long‑term property values. For investors, it signals sustained demand for well‑located, low‑maintenance housing. For sellers, it highlights the growing appeal of communities that offer walkability, security, and lifestyle‑driven design.

Source

This blog post is based on reporting from the Scottsdale Progress article “More cranes, construction, condos coming to North Scottsdale” by Tom Scanlon, published June 8, 2026.