Home BusinessEconomic Development Five Star Development breaks ground on The Palmeraie

Five Star Development breaks ground on The Palmeraie

The Palmeraie development

On Feb. 13, Five Star Development broke ground on the initial phase of The Palmeraie, a $2 billion master-planned community that spans 122 acres on the border of Scottsdale and Paradise Valley, Arizona.

The retail portion of The Palmeraie will combine approximately 160,000 square feet of high-end, mixed-use space with more than 60 exceptional boutiques and a variety of dining destinations. It will have direct connectivity to a sprawling enclave of multimillion-dollar homes and The Ritz-Carlton.

A future phase is expected to include a selection of luxury residences, gourmet grocery store and boutique hotel.

The Arizona 100 staff

You may also like

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

The Arizona 100