Scottsdale has become one of the hottest spots in the country for those seeking new opportunities, experiences and great weather. And for good reason. Scottsdale offers some of the best dining, nightlife, golfing and entertainment in the nation, with 12 months of near-constant sunshine.
Scottsdale’s popularity is reflected by the rapid pace of sales at Portico, the 112-unit luxury condominium community currently under construction in North Scottsdale’s “new luxury corridor” at Loop 101 and Scottsdale Road. Now more than 85% sold, developer Belgravia Group anticipates that Portico will sell out in Spring 2024 as sales momentum remains strong in the North Scottsdale market.
“We are thrilled with the current sales pace at Portico, and we traditionally see a boost in real estate sales in Scottsdale during the spring season,” said Keith Mishkin, CEO and President of Cambridge Properties, the brokerage team for Portico. “We know that buyers looking to purchase a home in the Scottsdale market will appreciate the exceptional quality, sense of community and seamless homebuying experience offered by Belgravia Group.”
There is still time for buyers to secure their piece of the good life at Portico, with prime two-, three-and four-bedroom floor plans available from the $900’s to $2 million.
Portico stands out as the standard for North Scottsdale living. Select residences offer up to 540 square-feet of outdoor space allowing buyers to take in the surrounding landscape and embrace a true indoor-outdoor living experience. Community amenities include an upscale clubhouse, outdoor pool and spa, a state-of-the-art fitness center, and stunning views of the surrounding McDowell Mountains.
Designed by the award-winning architectural firm KTGY, Portico’s private gated community offers thoughtfully designed homes that allow homebuyers to work one-on-one with Belgravia Group’s design team to personalize their home from an extensive catalog of fixtures and materials.
Located alongside the spectacular McDowell Mountains, the Scottsdale Road and Loop 101 corridor has largely remained untouched by traditional urban sprawl. As new residents move into the Phoenix area to embrace the weather and attractive cost of living, the corridor has been identified as the newest epicenter for upscale living.
Portico is a key piece of DMB’s One Scottsdale masterplan development, which is expected to include 2.86 million square-feet of residential, hospitality, retail and office space, for those seeking an urban work-live-play lifestyle. While the businesses, restaurants and retail outlets that will make One Scottsdale their home are yet to be determined, the surrounding residential communities will certainly be a draw for high-end options.
“Our sales momentum at Portico leaves no doubt about the strong demand for luxury condominiums in North Scottsdale,” said Elizabeth Brooks, EVP of Sales and Marketing at Belgravia Group. "Portico is a special and unique development for the area and we look forward to our initial deliveries in late summer.”