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

Former Smoke Tree Resort in Paradise Valley to be redeveloped into boutique hotel

Friday, March 10, 2023   /   by Juan Grimaldo

Former Smoke Tree Resort in Paradise Valley to be redeveloped into boutique hotel

1.png



Walton Global is looking to bring a living room feel to guests and surrounding residents at a reimagined Paradise Valley hotel.

Nine months after acquiring the Smoke Tree Resort, the Scottsdale-based real estate investment company is ready to move forward on plans for redeveloping the property. Built in 1954, the shuttered hotel at 7101 E. Lincoln Drive will be demolished to make way for a new 82-room boutique hotel, which will feature a bistro that will be open all day and a dinner-only, fine-dining restaurant. The eating establishments will be brought by Matt Carter, the restaurateur and partner of The Mission, Zinc Bistro and Fat Ox.

The new hotel will be built on top of a new underground parking structure. Other plans for the hotel include a centralized pool and amenity area and five guest casitas with private plunge pools.

“I have lived in Paradise Valley for 15 years. The area deserves to see this once-grand property transformed into an upscale and welcoming resort and culinary experience that reflects the high standards of Paradise Valley, its residents and its visitors. We heard the same thing from the hundreds of residents who attended our two major public events to seek input about what should be done at Smoke Tree,” Matt Keister, executive vice president at Walton Global, said in a statement.

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. July 16, 2024
This site powered by CINC: www.cincpro.com