If you need assistance, please call 480-365-8346

Special report: Why north Scottsdale is poised for even more growth

Wednesday, June 7, 2023   /   by Juan Grimaldo

Special report: Why north Scottsdale is poised for even more growth

1.png

Back in November, a vigorous bidding war broke out at a state land auction between two Valley hospitals for 48 acres of north Scottsdale land. 

Phoenix-based Banner Health had been working with the city of Scottsdale earlier in the year on entitlements for the land before it went for auction on Nov. 16. But HonorHealth also brought its auction paddle to compete for the land. 

The $56.95 million minimum bid ratcheted up to $84 million, with HonorHealth walking away the winner of the land at the northeast corner of Loop 101 and Hayden Road.

When Banner CFO Dennis Laraway finally conceded the auction, he was heard saying to another staffer, "That's OK, there's more land."

To continue reading, click here 

By Ron Davis - Reporter, Phoenix Business Journal


2.png

The Grimaldo Group
Juan Grimaldo
2403 N Pebble Creek Pkwy #101
Goodyear, AZ 85395
480-365-8346

© 2024 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Juan Grimaldo - Keller Williams Realty Professional Partners - The Grimaldo Group (WINBACK) are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. February 25, 2024
This site powered by CINC: www.cincpro.com