SCOTTSDALE, Ariz.
The Ritz-Carlton Hotel Company, L.L.C. and Five Star Development Resort Communities, LLC have reached an agreement to develop a new resort and residences in Paradise Valley, near Scottsdale, Ariz.
Paradise Valley spreads from north of the Phoenix mountains to Cave Creek & Carefree and the McDowell Mountains to the east in greater metropolitan Phoenix, Arizona.
Spread out over 20 acres, The Ritz-Carlton, Paradise Valley resort will consist of 200 casita-style guest rooms and 20,000 square feet of function space to host luxury meetings for corporate and incentive clients or as the backdrop to stage weddings and local social functions.
The resort will also offer vistas of Camelback Mountain and have a large destination spa with a health and wellness program featuring both an indoor and outdoor desert-inspired treatment menu. A citrus orchard and garden will grow seasonal produce harvested for the on-site restaurants.
The Ritz-Carlton Residences, Paradise Valley will be developed by Five Star Development Resort Communities in several phases adjacent to the hotel with residence owners having access to services from the hotel including a dedicated concierge, priority access to hotel guest accommodations and amenities, in-residence dining and housekeeping. The multi-phased residential community will include 45 single-family homes and 94 villa residences. Construction is expected to begin in July 2016 with the resort opening in late 2018.
