Ritz Carlton Estates Paradise Valley – Registering Now

Ritz Carlton Estates In Paradise Valley

Registration Open Now!!!

Call Andrew @ The Holm Group At 480-206-4265 For A Private Tour

 

Registration is NOW open for the estates at Ritz Carlton in Paradise Valley.  With the Villas selling out in record time  you are sure to want to get in early if you want to pick up one of these fantastic estates.  Information is still coming on these estates but here is what we know so far..

  • The Ritz will sit on 20 acres of the valleys best locatoins
  • Each estate will come with all the services and access to amenities including: a private pool, lobby and underground valet parking
  • Architectural team – Drewett Works of Scottsdale
  • 5 floor plans to be offered with the ability to customize to your needs
  • Square feet will range from 5000 to over 10000 sqft
  • Prices will start at $5 million for base models

 

We will keep you posted as more information is released but if you are interested you will have to move fast as these will sure sell out in record time.

The Holm Group Ranked #2 in Google For Montana De Bonitas Casas Homes For Sale

If you are looking to sell your home in Montana De Bonitas Casas (Paradise Valley -AZ) let Andrew with The Holm Group assist you. Along with our 16 years of experience in Paradise Valley, we now have the #2 and #4 ranked positions on the first page of Google to help drive quality buyers towards your new listing.  Call Andrew w/ The Holm Group today at 480-206-4265 today and feel free to visit our new Montana De Bonitas Casas in Paradise Valley community page at: https://www.theholmgroupaz.com/montana-de-bonitas-casas-homes-for-sale/

 

 

An Up Close Look at Paradise Valley Real Estate

An Up Close Look at Paradise Valley Real Estate

Paradise Valley real estate in Arizona is a great buy, particularly if you appreciate beautifully designed homes and a higher standard of living. Though the population is small, about 14,558 residents, the town has a thriving community. It has limited size, but it still has twelve resorts and a variety of clubs such as the Paradise Valley Racquet Club and the Camelback Country Club Golf Course.

Paradise Valley homes for sale are truly amazing. Consider just the median price for homes is $1.74 million. However, individual homes may soar into a higher category anywhere from five to twenty million! The most important businesses in the area include professional, scientific, and technical services as well as health care. The median household income was $187,128, which surpasses Arizona in general, which only reaches $50,958.

If you are interested in Paradise Valley real estate for sale, you can start your search for a house (2-4 units), a condo, townhouse, detached house or even a mobile home. If you are interested in buying a home, talk to a real estate agent within the Paradise Valley area. The community itself is predominantly white, and with 76.1% of the population married. The largest concentration of people was the ages 45-64 category, with 35.9% of the total population.

If you rely on public listings, then you may miss out on some of the best opportunities. Unadvertised real estate can only be accessed by experienced agents. Paradise Valley real estate is expensive but the houses themselves are truly the stuff of dreams. The location, the greenery, along with Mummy Mountain and Camelback Mountain, make this a natural and inviting town. The total area of the land is 15.5 square miles.

If you move to Paradise Valley, you will find yourself in prestigious company. After all, this is the town that gave us such colorful personalities as Muhammad Ali, Randy Johnson, Mike Tyson, Stevie Nicks and Leslie Nielsen. Relocation services are available. You can choose to visit the town before you come and get a glimpse of the tranquil atmosphere. Why not start by contacting a Paradise Valley real estate agent at the Holm Group right now? You can find the dream home you have been looking for. Call us at 480-206-4265 today.

AZ Central – Paradise Valley homes rank no. 2 in carbon footprint

PVMAIN Paradise Valley Homes

Households in Paradise Valley produce the second-highest carbon footprint in the state, according to a study done by researchers at the University of California, Berkeley.

The study found the average household in Paradise Valley produces 72.7 metric tons of carbon dioxide per year, within its ZIP code of 85253.

Only the 85045 ZIP code in the Ahwatukee area of Phoenix produces more in Arizona at 74, according to researchers.

Comparatively, throughout Maricopa County, households have an average footprint of 47.1 metric tons of carbon dioxide per year, while Phoenix’s average footprint per household is 44.4, the study said.

These measurements consider average household size and annual incomes in the respective areas.

Christopher M. Jones, lead coordinating researcher at the Cool Climate Network, said the study used a number of factors to determine carbon footprinting, including motor vehicles, public transportation, air travel, household energy, water and waste, shelter, and food, goods and services.

Cool Climate Network is a research program of the Renewable and Appropriate Energy Laboratory at the University of California, Berkeley

Jones said some of the biggest drivers of carbon footprints are household income, vehicle ownership, and home size, all of which are considerably higher in suburbs.

Paradise Valley, with 13,154 people and a median income of $139,524, according to the U.S. census, is one of the most affluent communities in Arizona.

The town is home to a number of high-end resorts and has built its character on residential zoning of homes on lots of at least one acre, many of which are large, multimillion-dollar estates.

“Income is the single largest contributing factor to high carbon footprints,” Jones said. “High-income communities tend to have larger homes, requiring more energy and more consumer goods to fill them, all of which produce greenhouse gases.”

Jones said there are a number of ways to reduce a carbon footprint: buy more efficient vehicles, practice eco-driving and maintain vehicles by keeping tires properly inflated and replacing air filters regularly. Other options include telecommuting, biking to work, riding the bus, flying less, using CFL light bulbs, turning down the thermostat in the winter and up in summer, and drying clothes on a clothes line.

Vice Mayor Michael Collins, who has a doctorate in environmental design and planning, said it’s no wonder Paradise Valley ranks high in the state, with income, size of house, number of vehicles and climate conditions the largest contributing factors to study findings.

Paradise Valley is committed to environmental stewardship of town operations, resorts are urged to have high sustainability standards and residents are encouraged to follow sustainable practices through education and awareness, he said.

“I understand the purpose of the study and it’s a good conversation starter,” he said. “But education and awareness are the keys to addressing HCF (household carbon footprints), not regulation. Paradise Valley has a very limited government and our residents just don’t want us telling them how many cars they can buy or how big of a house they can have.”

AZ Central – $1.2M upgrade of Paradise Valley’s traffic signals to begin this summer

PNI0613-sr photo radar

This year, Paradise Valley will do a thorough upgrade of its traffic-signal system.

The capital-improvement project will include a number of upgrades to all 12 traffic signals in the town, including pedestrian and vehicular signal heads, cabinets, controller hardware, pull boxes, signage and pavement markings at each location.

Project coordinator Jeremy Knapp said the $1.2 million project is expected to begin this summer and be completed by January 2015.

The Town Council has approved a design and construction-phase contract with consultant Michael Baker Jr. Inc. for $249,980.

“The upgrades are being completed for several reasons including compliance with updated state and federal standards as well as to improve overall system safety and efficiency,” Knapp said.

The changes will be consistent with current state and federal standards as published in the “Manual on Uniform Traffic Control Devices” and the Arizona supplement to that manual, as well as the Americans with Disabilities Act, he said.

This includes increasing the signal-head sizes at 11 of the 12 intersections to 12 inches from 8 inches.

Two accidents at Lincoln Drive and Mockingbird Lane and Lincoln Drive and Tatum Boulevard in the past two years damaged the cabinets.

Town Manager Jim Bacon said the plan includes an option to upgrade the street identification signs on the traffic signals, which could range from back-lighting to decorative additions such as the Paradise Valley town seal.

“This is a good opportunity to think about extending the town’s brand to our intersections,” he said.

AZ Central – Omni buy PV’s Montelucia

An internationally known hotel operator has closed a deal with a private equity firm on the Montelucia Resort & Spa in Paradise Valley.

Omni Hotels and Resorts purchased the resort from Colorado-based KSL Capital Partners LLC.

Under the Omni brand, the luxury resort, at Tatum Boulevard and Lincoln Drive, will be renamed the Omni Scottsdale Resort & Spa at Montelucia.

The financial details of the transaction were not disclosed.

Texas-based Omni owns or operates about 60 luxury hotels and resorts in North America.

Paradise Valley Mayor Scott LeMarr said Omni is a good fit for the Paradise Valley community and the Valley as a whole.

“It appears as if Omni is committed to the PV market and is prepared to make a sizable investment,” he said.

The Montelucia Resort & Spa, on 34 acres in the heart of Paradise Valley, is a top-rated luxury hotel, with 253 guest rooms, 38 suites and two presidential suites.

The resort is the sixth property Omni has acquired from KSL Capital Partners, the two parties said in a joint statement announcing the deal.

“The Montelucia is an exquisite addition to our already impressive collection of high-end resort properties,” said Mike Deitemeyer, president of Omni Hotels & Resorts, in the statement. “The property is a top attraction for guests seeking a blend of gracious hospitality, personalized service and innovative cuisine. We are proud to add this incredible resort to our expanding resort collection.”

Last July, Omni bought three resorts in Texas, North Carolina and Virginia, as well as two in southern California.

Councilman David Sherf said Omni seldom sells the hotels it owns and has been a long-term holder of its real estate, while KSL is an opportunistic buyer of hotels and has a track record of acquiring hotels, improving their performance and then selling them.

Sherf has extensive hospitality-industry experience, including working as senior vice president of Hilton Hotels Corp.

He said Omni owns and operates resort properties in most major United States cities and throughout the world but does not have much of a presence in Arizona.

The new acquisition changes that, Sherf said.

“For bigger resorts like Montelucia, branded hotels are the norm, and for bigger hotels to be competitive, they need to branded,” Sherf said. “Omni can attract more visitors and groups, as well as a broader range of clients, to Paradise Valley.”

AZ Central – A $27 million Paradise Valley house up for auction

A mansion situated on 40 acres in Paradise Valley will go on the auction block next month. The 12,860-square-foot house is currently listed for $27 million.
Supreme Auctions will hold a live sale with the highest bidder getting the house. There will be no reserve, meaning no minimum bid.
The house, designed by architect Thomas Church, is situated on a parcel that five additional homes can be built on.
The modern estate has seven bedrooms, 12 bathrooms, Venetian plaster walls, marble, slate and granite surfaces, a home theater, private security gate, 18-foot high ceilings, a game room with its own kitchen and two family room.
The auction is scheduled for Feb. 23 at 2 p.m.

Montelucia Resort Villas For Sale

There are only two of these brand new Villas remaining for sale, and one offers the opportunity for you to completely customize their dream home within the gates of this resort community. Built out to drywall stage with certificate of occupancy issued, this 4,355 square foot Villa features:

•3 bedrooms, 3 1/2 baths including separate casita/guest suite
•Portico entrance
•Indoor/outdoor living with French doors opening onto arched loggia and courtyard
•Private backyard with spectacular mountain views
•Opportunity for in-home elevator
•Value priced at $1,550,000

Owners enjoy a Resort Lifestyle Membership with access to resort amenities including priority reservations at Joya spa, complimentary fitness classes, access to resort pools, priority reservations at Prado, and discounts throughout the resort.

Montelucia Resort Villas offer worry-free living, with 24-hour guard gated entrance, comprehensive exterior maintenance, and basic landscaping services provided.

AZ Central – New Mountain Shadows resort plan consolidates buildings

Redevelopment plans for the shuttered Mountain Shadows resort in Paradise Valley have been revised in hopes of accommodating residents and town officials.

But not everybody is pleased with it, including an ally of financially troubled resort.

The new plan eliminates all three-story elements but increases density by 20 percent, said Rick Carpinelli, senior vice president of acquisitions and development for Crown Realty and Development, the resort’s owner.

Previously, Crown Realty had proposed a mass of six, three-story buildings intended for resort/residential.

The new plan consolidates those buildings into two buildings and decreases their heights to two stories.

“Getting feedback from residents and the planning commission, we hope the new plan will build consensus in order to move forward with the project,” he said.

Crown Realty has been working through the town’s special-use-permit process to redevelop the resort property at 56th Street and Lincoln Drive.

On June 28, the town council adopted a “statement of direction,” which is intended to guide the commission in its review. Since then, the commission has been receiving input from Crown representatives and residents.

Both residents and commissioners have had issues with the initial plan, ranging from density and heights to preservation of the resort golf course.

Mountain Shadows resident Pamela Covella came to Crown’s defense saying she appreciated the work they’ve done with the town and residents by bringing forward a revised plan.

“It’s time to get specific. If Crown received more specific direction we would have more forward movement,” she said. “We’re nowhere near where we need to be, but Crown has never shut the door in our face.”

However, many residents and commissioners continue to have issues with the plan.

Planning Commissioner Chair Maria Syms said it’s too dense.

“We can do a lot better,” she said.

Commissioner Lou Werner said the planning commission’s goal is to craft stipulations and make a recommendaation to council.

“There may be a lot of talk about drawings but at the commission level the drawings don’t matter,” he said. “Despite the plan, let’s not forget that it could get thrown out.”

In April, the 68-acre Paradise Valley property, at 56th Street and Lincoln Drive, went into default on a $32 million loan. MTS Land LLC and MTS Golf LLC, affiliates of Crown Realty and owners of the Mountain Shadows resort, subsequently filed for bankruptcy last month.

To help stay financially afloat, Crown Realty entered into a preliminary joint-venture partnership agreement with Solage Hotels and Resorts in May.

Crown officials said the group, which has at least eight resort properties in North America along with its sister company, Auberge Resorts, would help brand, finance and manage the Mountain Shadows resort.

However, at Thursday’s planning commission meeting, Carpinelli told town officials that Solage isn’t happy with the proposed revised plan for redevelopment.

But Carpinelli said the preliminary agreement between Crown and Solage still stands.

“We have a term sheet and an agreement. It’s a 50-50 partnership. The relationship is there,” he said. “But (approval of the special-use permit) is needed to solidify the agreement. Parameters are needed in order to solidify an agreement.”

AZ Central – New Mountain Shadows resort plan consolidates buildings

Redevelopment plans for the shuttered Mountain Shadows resort in Paradise Valley have been revised in hopes of accommodating residents and town officials.

But not everybody is pleased with it, including an ally of financially troubled resort.

The new plan eliminates all three-story elements but increases density by 20 percent, said Rick Carpinelli, senior vice president of acquisitions and development for Crown Realty and Development, the resort’s owner.

Previously, Crown Realty had proposed a mass of six, three-story buildings intended for resort/residential.

The new plan consolidates those buildings into two buildings and decreases their heights to two stories.

“Getting feedback from residents and the planning commission, we hope the new plan will build consensus in order to move forward with the project,” he said.

Crown Realty has been working through the town’s special-use-permit process to redevelop the resort property at 56th Street and Lincoln Drive.

On June 28, the town council adopted a “statement of direction,” which is intended to guide the commission in its review. Since then, the commission has been receiving input from Crown representatives and residents.

Both residents and commissioners have had issues with the initial plan, ranging from density and heights to preservation of the resort golf course.

Mountain Shadows resident Pamela Covella came to Crown’s defense saying she appreciated the work they’ve done with the town and residents by bringing forward a revised plan.

“It’s time to get specific. If Crown received more specific direction we would have more forward movement,” she said. “We’re nowhere near where we need to be, but Crown has never shut the door in our face.”

However, many residents and commissioners continue to have issues with the plan.

Planning Commissioner Chair Maria Syms said it’s too dense.

“We can do a lot better,” she said.

Commissioner Lou Werner said the planning commission’s goal is to craft stipulations and make a recommendaation to council.

“There may be a lot of talk about drawings but at the commission level the drawings don’t matter,” he said. “Despite the plan, let’s not forget that it could get thrown out.”

In April, the 68-acre Paradise Valley property, at 56th Street and Lincoln Drive, went into default on a $32 million loan. MTS Land LLC and MTS Golf LLC, affiliates of Crown Realty and owners of the Mountain Shadows resort, subsequently filed for bankruptcy last month.

To help stay financially afloat, Crown Realty entered into a preliminary joint-venture partnership agreement with Solage Hotels and Resorts in May.

Crown officials said the group, which has at least eight resort properties in North America along with its sister company, Auberge Resorts, would help brand, finance and manage the Mountain Shadows resort.

However, at Thursday’s planning commission meeting, Carpinelli told town officials that Solage isn’t happy with the proposed revised plan for redevelopment.

But Carpinelli said the preliminary agreement between Crown and Solage still stands.

“We have a term sheet and an agreement. It’s a 50-50 partnership. The relationship is there,” he said. “But (approval of the special-use permit) is needed to solidify the agreement. Parameters are needed in order to solidify an agreement.”