Downtown Scottsdale’s entertainment district, the Valley’s nightlife epicenter, next year will be right outside the front door of new residents.
The district, east of Scottsdale Road and south of Camelback Road, will see an influx of new residential development opening in 2015.
Two major projects, one now under construction, will bring 406 residential units within close proximity of Maya Day + Nightclub, Derby Public House, American Junkie and Boondocks Patio & Grill.
Steve Venker, the city’s planning and design services manager, said the area will be ready.
“With each development that’s proposed for this area or any area, there are requirements to verify that there are enough infrastructure support systems, and parking and space for the people who are going to use the development,” he said. “What we’ve done is increased the capacity in some of the water and sewer lines in the area, widening sidewalks and making sure there’s enough parking for people who either live there or shop there.”
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Boondocks Patio & Grill will be right across the street from one of the apartment buildings at Stetson Drive and 75th Street.
“There’s a little bit of growing pains with the construction because it’s taking a lot of parking away, but we’re still looking forward to having more people enjoy (the area),” said Luke Kory, manager. “We do lunch here and nobody really knows about it yet. Construction workers come over and eat with the residents, and hopefully, with the new residents, this will be a great lunch spot for them. It’s not just nightclubs.”
City Councilman Guy Phillips, who has been outspoken about the city allowing a high concentration of bars near a residential area, said if people want to live in the entertainment district, it’s their choice.
“It’s one thing to have a residential area and then to put a bunch of bars in … but the bars are already there,” he said, “they know what they’re getting into.”
City Councilman Bob Littlefield, another critic of the entertainment district, echoed that position.
“I don’t know who would want to live there, but it’s a free country and if somebody in this case wants to move next to bars that are already there, I don’t have any objection.”
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Alliance Residential’s apartment complex, the Stetson, is geared toward the high-entertainment resident.(Photo: Alliance Residential)
Stetson East and Stetson West
Alliance Residential Co. took over Triyar Cos.’ two planned apartment projects, Industry East and Industry West, which have since been renamed Stetson East and Stetson West.
Stetson West is under construction on the north side of Stetson Drive between Wells Fargo Avenue and 75th Street. Although separated by a public street, Civic Center Plaza, Alliance is developing it as one complex: Stetson, a Broadstone community.
“Just the dynamics of the downtown Scottsdale area, we feel it’s a fantastic environment to bring a community,” said Ian Swirgol, Alliance’s managing director. “A lot of the successful (ventures) that Triyar has accomplished there lend themselves to residential as well.”
The Stetson will include two four-story buildings with a total of 316 units. The first floor along Stetson will include a leasing center, fitness center and additional commercial storefront space, he said. The commercial component will be filled with resident amenity areas, he said.
“It’s catered toward a highly active, high-entertainment resident who enjoys being among the action and all the entertainment venues in the area,” Swirgol said. “And the reality is nothing new for rent has been built on that side of Scottsdale Road since 2000. We believe there’s strong pent-up demand.”
Much of the activity in the entertainment district happens at night, and the apartments will bring more daytime activity to the area, he said.
Alliance is investing $70 million in the Stetson, and it’s larger than its other two apartment projects in Scottsdale: Broadstone Waterfront, with 259 units, and Broadstone Lincoln, with 264 units.
“We’re building this all as one, but we’re able to sequence the opening,” Swirgol said. “The Stetson West side, at Wells Fargo and Stetson, will be the first 133 units, and on the west side of Civic Center Plaza and Stetson, 183 units is the second sequence. Our first units open in second quarter 2015, and then project completion will take us through the fourth quarter of 2015.”
Envy comes to Scottsdale
Deco Communities hopes people will prefer an alternative to paying high rents for apartments downtown and instead choose to buy a condominium in its building, Envy, in the entertainment district.
The company recently purchased a less than 1-acre parcel at 4422 N. 75th St. that has been approved by the City Council for a taller and more dense condominium complex than was originally approved in 2007.
“We really embrace the entertainment district, and nothing new has been built there for seven years,” said Rob Lyles, a partner at Deco Communities. “Although there’s a lot of apartments going in, and that’s good for us, because if they can afford rent, they can afford the payment at Envy. It’s a different product going in there.”
Envy will be an eight-story building with 90 condominium units, and three levels of underground parking. It will replace the Lodge, an area bar, and adjacent parking near the southwestern corner of Indian Plaza Road and 75th Street.
The owners of the Lodge haven’t yet decided what will happen to their business once the condominium building is under construction.
“We are here until the end of the year right now and kind of waiting to see what happens with the time line of the condos and what’s available in Old Town,” said Aaron May, a co-owner and the managing partner.
Envy is geared toward people in their early 20s to mid-30s who “really enjoy the lifestyle of Scottsdale,” Lyles said. Penthouses will range in price from $600,000 to $1 million.
“At the end of November, we will start construction and will be done 18 months after that, and sales will start probably September 1,” he said. “We will open all at once.”
Original Article http://www.azcentral.com/story/news/local/scottsdale/2014/04/29/hundreds-will-call-scottsdales-bar-district-home/8459553/