AZ Central – 3 cool things about your Scottsdale neighborhood – DC Ranch


DC Ranch

This master-planned north Scottsdale development rises up out of the Arizona land and around untouched plant life, enhancing the surrounding upper Sonoran Desert.

Where it’s at: Roughly the border is Pima Road on the west, Legacy Boulevard to the south and Cattle Whip Drive to the north. The eastern border is the McDowell Mountains.

The character of residential and mixed-use blends seamlessly into the foothills of the nearby McDowell Mountains.

Jeremy Stevens, communications manager for the DC Ranch Community Council, said the development is not like the rest of the Valley.

“Our community is unique because there are limitations to what we can and can’t develop. You won’t find palm trees or citrus trees in DC Ranch because they are not native species to the area,” Stevens said. “We embrace the natural beauty of the north Scottsdale desert and hope to be good stewards of this rare environment.”

Three cool things about the neighborhood:

Market Street. It all begins and ends at Market Street in DC Ranch. It’s where nearby residents run into each other and conversation starters like, “Good to see you,” and “How’s your brother?” occur in parking lots and at grocery store sliding glass doors. The mixed-use gathering place, near Pima Road and Thompson Peak Parkway, is home to a number of offices, classy restaurants and unique boutique retailers. There’s an air of sophistication at Market Street, where even the Barista is a bit more cosmopolitan than the average Joe. Enjoy an omelet at the Breakfast Joynt or if you’re a new parent check out the newborn threads at Baby Lux.

Homestead Playhouse. Arts and Theatre Coordinator Molly Kurtz said the Homestead Playhouse at the Homestead Community Center, was built as part of the center to host youth theater. Launched by the DC Ranch Community Council, she said the Playhouse was created in response to interest in and demand for performing arts programming in and around DC Ranch. Since it opened in 2006, the Playhouse has produced 18 productions, including a number of musicals. Kurtz said the vision of The Homestead Playhouse is to create masterpieces together where individuals emerge through the magic of performing arts. The Playhouse is located in the Homestead Community Center, which serves as a gathering place for private resident events, as well as weddings, meetings, conferences and summer camps. Speaking of gathering places, if Market Street is where local residents randomly run into each other, the Homestead Community Center is where they get to know each other better. The 7,000-square-foot community center on 4 acres is open to residents of DC Ranch.

Hiking. DC Ranch’s backyard is the McDowell Sonoran Preserve. For residents on the southern end of the development, the preserve is a short walk to the Horseshoe and Desert Park trails, which offer full access to the park. For everybody else, the Gateway Access Area to the the 30,200-acre McDowell Sonoran Preseve is a short drive. The preserve’s roughly 5-mile Gateway Loop Trail, is one of the most popular hikes in the Valley. The trail head opened in 2009, with parking, restrooms and a wheelchair-accessible nature trail. The loop offers stunning views of the northeast Valley and the McDowell Mountains, as well as cacti forests and diverse wildlife.

If you are looking for a home in the DC Ranch area click here..

Phx Biz Journal – Shea Scottsdale retail center sold to Turf Paradise owner for $44.5 million


Turf Paradise owner Jerry Simms has forked over $44.5 million for a large Safeway- and CVS-anchored retail center in the heart of Scottsdale, according to a statement today from the Phoenix office of Cassidy Turley.

The Shea Scottsdale retail center is situated at the northeast corner of Shea Boulevard and Scottsdale Road, one of the busiest intersections in the area. The transaction included all freestanding structures, including Wells Fargo and MidFirst Bank branches, Jason’s Deli, Arby’s and McDonald’s, which is located on the same slab that once housed Devil’s Martini.

It was only 5 percent vacant at the time of sale, while similar neighborhood retail centers in Scottsdale posted an average vacancy rate of 12.4 percent during the fourth quarter, according to Cassidy Turley research.

The sale, which closed escrow Wednesday, was the result of an unsolicited offer by Simms, said Michael Hackett, an executive managing director of Cassidy Turley who helped represent the seller.

“He approached us with a 1031 Exchange from the sale of property he had in Beverly Hills,” Hackett told me.

Los Angeles-based Karlin Real Estate, the seller, purchased the property in October 2011 along with the neighboring retail center to the east, dubbed Shea Scottsdale East, which is anchored by the Harkins Shea 14 movie theater and includes Pita Jungle and the infamous Amy’s Baking Co. Karlin paid $50.32 million total for the two properties, which were a combined 277,253 square feet.

Simms actually wanted to buy both retail centers, but the numbers penciled out better to only buy one, at least for now, Hackett said. So Karlin is still the owner of Shea Scottsdale East, which Simms may buy sometime down the road.

AZ Central – Scottsdale estate is the priciest home on the market.


An almost 30,000-square-foot estate on 17 acres in north Scottsdale’s luxury community Silverleaf went on the market last week. The asking price: a cool $32 million.

That makes the property, complete with guard-gate house, pool house and guesthouse, the priciest home on the market in Arizona.

The Tuscan-Mediterranean-style mansion, built a few years ago, also comes with 14 fireplaces and 17 waterfalls and other aqua features.

For the sporting buyers, it has an indoor sports court and two indoor shooting ranges – one for guns and another for bow and arrows. The estate also has two large, swimming pools, and an arcade in the pool cabana.

The property is owned by Seth Koppes, co-founder of St. Louis-based Bancorp Services, according to

Lisa Wadey of Russ Lyon Sotheby’s International Realty has the listing for the estate and doesn’t think the price tag is steep.

“It’s well worth $32 million,” she said. “This is 17 acres in the high desert with views of the city, privacy and the serenity of living in Silverleaf.”

Silverleaf is a gated community in developer DMB’s DC Ranch community.

Metro Phoenix’s luxury home sector is rebounding and actually doing better than the more affordable end of the housing market.

Arizona State University W.P. Carey School real estate analyst Mike Orr said sellers of single-family homes worth $500,000 or more are in luck now.

“With the stock market doing well and jumbo loans readily available, that segment of sales grew 14 percent from November 2012 to this past November,” he said.

Overall home sales were down almost 30 percent in November, according to ASU’s business school.

Some other features of the 30,000-square-foot estate:

-The main house has 22,000 square feet, five bedrooms, an office, movie theater, wine tasting room with humidor and an eight-car garage.

– The guardhouse includes a bedroom, bathroom and kitchenette.

-The guesthouse comes with two bedrooms with in-suite bathrooms and walk-in closets.

-Accordion doors open up from the main living room to overlook one of the swimming pools with a complete view of downtown Phoenix.

-The kitchen has two butler pantries and copper inlays on the floor.

“Many people who bought smaller second and third homes in the Phoenix area are finding they want to spend more time here in larger houses,” said Wadey.

** If you are looking for a custom home in Scottsdale click here..

Looking for a home in the Kierland area?


Designed by Scott Miller in 1996, Kierland Golf Club is situated on 225 acres in the heart of North Scottsdale. The golf course has three nine-hole courses: Acacia, Mesquite and Ironwood named for the trees that dominate its landscape. The three courses offer a combined round of play on 18 holes of par 72, 6,900 yard golf. The Golf Club is managed by Troon Golf, the leader in upscale golf course management.

Apart from the Golf Club, Kierland also has a 38 acre “Kierland Commons” urban village which is an upscale entertainment destination with retailers, fine restaurants, and office tenants. Kierland is home to exclusive retailers such as Crate & Barrel, Banana Republic, Restoration Hardware and Tommy Bahamas (clothing and restaurant). Other recognized dining establishments found in Kierland include; P.F. Chang’s, Morton’s of Chicago, The Cheesecake Factory, Ocean Club Fish House, RA Sushi, and the Green House just to name a few.

The first of two phases of the brand new Scottsdale Quarter is open as of spring 2009. Scottsdale Quarter is a 28 acre, $270 million project located across the street from Kierland Commons. The mixed use facility is going to be roughly 273,000 square feet of retail and 102,000 square feet restaurants, 200,000 square feet of offices, about 240 condos and a boutique hotel. Some of the shops and restaurants that have already opened in Scottsdale Quarter area: Mac, Nike, Williams – Sonoma, West Elm, True Food Kitchen, StingRay, Henes & Mauritz and Socrati just to name a few.

Kierland has a variety of luxury homes and town homes throughout the 730 acre master planned community. You can choose from apartment style community or a town home community (Kierland Greens or Kierland Heritage) which range in price from $350k to $700k. If you prefer a larger single family home you can pick from one of the 400 UDC Homes within the Kierland Bellaire Subdivision which range from $400k to the lower $800’s for 1700sf to 3500sf. Last but not least if you are looking for the east coast urban living you have The Landmark and The Plaza Lofts, which can range from $700k all the way up to $3,000,000. Living at The Landmark is a true opportunity for the world traveler to shop, entertain, dine, work, play, pamper and golf all within walking distance of home. Ring the on-site Concierge, have a flight booked, a car ready to take you, and on a moment’s notice simply “lock and leave”

The Holm Group represented more buyers and sellers in the Kierland area than any other single agent throughout the valley. If you are looking to get into or out of the Kierland area call The Holm Group.

Looking for a home in Scottsdale?

How about taking a look into Gainey Ranch..

Gainey Ranch Scottsdale

At the heart of central Scottsdale is Gainey Ranch, the Hyatt Regency Gainey Ranch (considered to be one of the best resorts in Scottsdale) and the private 27 hole Gainey Ranch Golf Club. Gainey Ranch is a well-established community and all subdivisions are gated with twenty-four hour guards on duty. Lifestyle choices range from condominiums, town homes, patio homes to large estate homes. Amenities include The Estate Club, with a croquet court, several lighted tennis courts, fitness facility, lap pool and tennis pro shop. Close by is the Village Health Club.

Keeping in harmony with the surrounding area of exclusive Gainey Ranch, The Shops at Gainey Village offers a series of linked outdoor plazas and buildings reflecting an upscale rustic village atmosphere. The Shops at Gainey Village combines a distinctive blend of upscale shops, boutiques, trendy eateries and fine dining establishments. Residents and tourists will find everything they need and all that they want at The Shops at Gainey Village.

A golfer’s paradise, against a backdrop of colorful mesas and towering saguaro cactus, 27 holes of championship golf grace the grounds of the Hyatt Regency Scottsdale. The private Gainey Ranch Golf Club was designed by Benz & Poellot and is exclusively available to Hyatt guests.

On a daily basis, two nines are linked together to build a different 18-hole experience
1. Arroyo course – The longest of the three, Arroyo is Spanish for “Dry River”. True to its name, a natural desert wash runs through the Arroyo nine.

2.Dunes course – A forgiving desert-style layout lined with dense desert brush.

3.Lakes course – Dramatic holes with a variety of water hazards that become exceedingly more magnificent as you play through the challenging course.

Gainey Ranch has several different housing options to choose from including town homes, single family homes, as well as luxury custom homes. Some of the town home communities located within Gainey Ranch are: The Pavillions, The Golf Cottages, and The Courts at Gainey Ranch. Most of the town homes – villas will range in square feet from 1500sf to over 2400sf w/ prices starting at $300,000 to over $800,000. In addition to the town homes located throughout Gainey, Gainey Ranch also has several single family home communities including: The Greens, The Enclave, and Arroyo Vista just to name a few. These homes generally start at around $800,000 for 3000 square feet or more. And last but not least if you are looking for a magnificent custom home with over 4000 square feet you can find these as well in either The Estates at Gainey Ranch or The Enclave at Gainey Ranch starting around $1,500,000.

Whether you are buying or selling a home in Gainey Ranch, The Holm Group is here to assist you. The Holm Group represents both buyers and sellers throughout Gainey Ranch and surrounding communities. Whether it’s an existing custom home, luxury single family or town home, waterfront property, or golf course property you can rely on The Holm Group to ensure a smooth and successful transaction.

AZ Central – Scottsdale ranks 6th in best run US cities


Scottsdale came in sixth place in an annual ranking of the best-run cities in America, moving up four notches from last year.

For the third year in a row, Scottsdale landed on the list of the top-10 “best-run” cities by 24/7 Wall St., a financial news and opinion operation.

The top-ranked city was Irvine, Calif.

San Bernardino, Calif., less than an hour’s drive from Irvine, was the worst ranked.

No other Arizona cities made the list.

The news agency said it reviewed the 100 largest U.S. cities by population, considering factors such as the local economy, crime, job market and welfare of the population.

Scottsdale was noted for its low violent-crime rate, which was fourth lowest out of the 100 largest cities in the country, according to 24/7 Wall St.

Scottsdale “has some of the wealthiest residents of any large U.S. city,” the report said. A typical household in the area, for example, brought in around $72,000 last year, about $20,000 more than the median income nationally, the news operation said.

In Scottsdale, more than 95 percent of adult residents have a high-school diploma, which is 10 percentage points above the national rate, the report at said.

The city also carries a perfect AAA credit rating from Moody’s Investor Service, a credit-rating company. According to 24/7 Wall St., “the agency lists the city’s wealth and strong fiscal management as reasons for its perfect rating.”

The city has its flaws. Scottsdale was not immune to the housing crisis, and home prices from 2008 to 2012 fell by almost 25 percent compared to 12.9 percent nationally, 24/7 Wall St. said.

Still, “Scottsdale’s foreclosure rate was considerably better than those of Phoenix, Tucson and many other major cities in the Southwest,” it said.

In 2013, the news agency placed Scottsdale in 10th place, two notches below its 2012 ranking of eighth place.

Here is how the cities stacked up this year:

Best run cities

1. Irvine, Calif.

2. Fremont, Calif.

3. Plano, Texas

4. Lincoln, Neb.

5. Virginia Beach, Va.

6. Scottsdale, Ariz.

7. Seattle, Wash.

8. Austin, Texas

9. Chesapeake, Va.

10. Raleigh, N.C.

Grayhawk Golf Club – Scottsdale AZ

Grayhawk Golf Club – Scottsdale AZ


This has been one of Scottsdale’s most acclaimed complexes since it opened in the mid-1990s with two challenging, well-conditioned courses, delightful dining and an obsession with customer service. Raptor, designed by Tom Fazio, generally is regarded as the better of the two courses and has hosted numerous events sanctioned by the PGA Tour. It is a risk-reward layout with generous fairways but places a premium on approach shots with deep, strategic bunkers and undulating greens. Talon, created by U.S. Open and PGA champion David Graham and then-partner Gary Panks, stresses positioning off the tee and features large greens, but they are multitiered, which effectively reduces their size. Grayhawk has several excellent dining options, including Phil’s Grill (named after Phil Mickelson), and its food choices at the turn might be the best in the state. Even better, on-course attendants place your order, so everything is fresh, made to your liking and ready to pick up from your cart on your way to the 10th tee.

If you are looking for a home in Grayhawk area, The Holm Group is here to assist you. The Holm Group represents both buyers and sellers throughout the Grayhawk area and surrounding communities.

Call Andrew @ The Holm Group Today at 480-206-4265

TPC Scottsdale Golf Club


Playing golf at the site of the annual Waste Management Phoenix Open, one of the PGA Tour’s longest-running events, has plenty of appeal, but even without that distinction, the Stadium Course stands as one of the best daily-fee layouts in Arizona. Designed by Tom Weiskopf and Jay Morrish, and tweaked by Weiskopf several times since, it generally is regard as No. 2 among the 29 courses in the tour’s TPC chain, behind the signature TPC Sawgrass in Ponte Vedra, Fla., which hosts the Players Championship. The Stadium Course opened in 1986 and offers a stern test on the front nine and a thrill ride on the back nine, especially the four finishing holes, which have set the stage for plenty of dramatics in tour events. Their risk-reward nature has proven to be a make-or-break challenge for several prominent pros. The Champions Course, which received a makeover in 2007, isn’t nearly as prominent, but stands as one of Scottsdale’s best golf values. Sometimes, the two are paired together for a reasonably priced 36-hole day.

If you are looking for a home in Scottsdale area, The Holm Group is here to assist you. The Holm Group represents both buyers and sellers throughout the Scottsdale area and surrounding communities.

Call Andrew @ The Holm Group Today at 480-206-4265

AZ Central – Downtown Scottsdale sees boom in multifamily housing

A growing number of people are going to be calling downtown Scottsdale home in 2014 and beyond with the completion of numerous multifamily projects.

The area is going to see even more towering cranes this year as ongoing apartment projects progress and construction starts on new ones. The most striking construction site has been Alliance Residential Co.’s Broadstone Waterfront, a 259-unit high-end apartment complex with 8,000 square feet of restaurant space along Marshall Way.

The project, south of the Nordstrom parking garage and along Via Soleri Drive, will complete the Scottsdale Waterfront. The first phase of the complex, which includes 65 units, will be ready for occupancy in May. Among those 65 units will be 17 two-story penthouses.

The complex is expected to be completed by the end of 2014.

“The demographic in this area are either young professionals or relocating people who are downsizing,” said Mike D’Andrea, project manager and chairman of the city’s Planning Commission. “And the walkability of the area, the shopping and the mall are really bringing people back here to this area to live. They want to be where the action is.”

The Maricopa Association of Governments’ projected population for the general downtown area, which includes Chaparral to Thomas roads and Miller Road to 68th Street, is expected to reach 16,778 by 2030, up from 8,142 for 2010.

“With additional residents living, working and playing downtown, enhancing transportation, providing more open space and improving the public realm will be some of the more necessary improvements that will still need to be made,” said Erin Perreault, the city’s long-range planning manager.

“This would include continuing to upgrade and enhance the walkability and bicycle accessibility throughout downtown, making universal design improvements that accommodate young children and families, and persons with disabilities, as well as Scottsdale’s aging population and their mobility needs,” she said. “Continued upgrades to infrastructure will need to be provided as necessary — water, wastewater, electrical, technological.”

When estimating population as it pertains to a multifamily land use, the city uses the number of units multiplied by 2.59, Perreault said. Therefore, Optima Sonoran Village, a downtown multifamily complex with 780 units upon completion, could house more than 2,000 potentially new downtown residents.

The downtown area has been lacking residential opportunities, offering mostly high-priced condominiums and single-family homes, said Ian Swiergol, Alliance’s managing director.

“Downtown has so many retailers and a growing office population, specifically with the acquisition of the Galleria Corporate Centre and the rumor of new office development,” he said. “People are choosing where they live because they are choosing to rent, not own, so what they first choose is location, and everyone would want to choose downtown, just given retail, office and the changing area.”

Moving uptown

The first phase of Optima Sonoran Village, southeast of 68th Street and Camelback Road, delivered the first multifamily units to the downtown area in more than a decade. The project includes apartments and condominiums.

“The first phase of approximately 200 units started leasing Feb. 23, 2013, and is now 91 percent leased,” said David Hovey Jr., Optima vice president. “Approximately 300 residents are living there now.”

Construction has started on the second phase, which includes 380 units in three buildings, including an 11-story building on Camelback.

The second phase is anticipated to be completed in 2015, Hovey said. The final phase, consisting of one building facing 68th Street and with 200 units, will be completed in 2016, he said.

“More people living in downtown Scottsdale add to the vitality of the central business district, which provides a wide variety of cultural, restaurant and shopping activities within walking distance to residents,” he said. “It also provides an exciting and more convenient lifestyle for both younger and older people alike.”

Alliance also has taken over Triyar Cos.’ two planned apartment projects — Industry East and Industry West — to be built in downtown’s entertainment district, which includes numerous bars and nightclubs east of Scottsdale Road and south of Camelback Road.

Although separated by a public street, Civic Center Plaza, Alliance is developing it as one complex renamed the Stetson, Swiergol said. The combined complex will include 316 units and will cater to a younger, yet still affluent clientele.

“We’ll be starting construction in January 2014 with the first units delivered in early 2015,” he said. “We will be moving fast.”

In addition, construction is continuing on Portales Residential, a 369-unit complex near Scottsdale and Chaparral roads. JLB Partners is the developer and the project is being built in one phase with completion slated for early 2015.

Ready or not

The city has been preparing for increased downtown residential since the mid-1980s, Perreault said. The Downtown Character Area Plan was initially created in 1984 and updated in 2009, she said.

“This long-range plan and the projects completed to implement the plan have occurred over the last 30 years,” she said.

Under the 1984 and 2009 plans, the following projects were completed:

Drinkwater and Goldwater boulevards were constructed to accommodate traffic in and around downtown and as second entries into the core shopping districts of Old Town, Fifth Avenue, Marshall Way and other areas.

The Downtown Trolley and other public circulators have been added throughout the area.

Public open space has been added, for example, along the Arizona Canal and urban plazas associated with the Loloma Transit Station and with the Main Street Plaza project.

Additional public parking has been constructed in the Old Town and Fifth Avenue shopping areas.

Water and wastewater infrastructure upgrades have been completed throughout downtown by the city and private development teams when their projects required upgrades.

Electrical upgrades have been completed by Arizona Public ServiceCo. and Salt River Project.

Scottsdale Healthcare Osborn Medical Center has completed a 25-year development plan to expand and improve its medical campus downtown.

“Bicycle trails/parking have been added throughout downtown (and) Americans with Disabilities (Act) improvements have been completed in downtown,” Perreault said. “Numerous public art components and events have been completed in downtown.”

D’Andrea said Alliance is confident people will fill all the units that will be completed in the coming years. It is investing about $50 million in Broadstone Waterfront and about $35 million in the Stetson.

“This is the place for growth … and what you see is just supporting that plan, where to put that additional density and that additional height,” he said.

Scottsdale Ranch Market Update – December 2013

Scottsdale Ranch
As you are probably aware, the market is starting to change back to what is considered to be a “normal market” with short sales and foreclosure appear to be a thing of the past. Throughout the valley we are seeing an increase in inventory as well as slower sales cycles for the homes that are on the market for the most part.

The average market time on market in Scottsdale Ranch for a single family home is roughly 100 days according to MLS data. In addition, we are also seeing an average price per square foot for properties that are currently on the market of $210, as well as an average of roughly $211 per sqft for homes that have recently sold. With 39 listings on the MLS (not including 4 Sale Buy Owners) in Scottsdale Ranch is why you need more than ever a Realtor that knows the Scottsdale Ranch market place so that your property will sell in a timely manner and for the right price.

With housing inventory on the rise as well as the market showing signs of improvement now is the time to sell and/or consider an upgrade! Below are a few examples of homes that have recently sold or that are currently on the market in Scottsdale Ranch for your review:

• 10791 E. San Salvador Dr 2707 sqft (Listed for $479k)
• 10431 N. 105th Way 2369 sqft (Listed for $519k)
• 10596 E. Caron St 2046 sqft (Listed for $439k and sold for $432k)
• 10288 E. San Salvador Dr 2379 sqft (Listed for $489k and sold for $469)
• 9105 N 105th Pl 2344 sqft (Listed for $472k and sold for $455k)
• 10503 E. Tierra 1684 sqft (Listed for $372k and sold for $372k)

For those of you who I have met while working and living in Scottsdale Ranch for the past six years, I look forward to speaking with you again soon. For those of you who I have not met and/or were unable to stop by my listings on San Salvador, and Terra ln here are a few good reasons to work with me:

•Prudential Arizona Properties is one of the largest real estate companies in the country w/ over 1900 member offices and 62,000 sale professionals.
•We have the web covered with multiple top rates websites as well as exclusive relationships with: Google, Yahoo, Zillow, RealtyTrac, real estate and
•The Holm Group has closed over $120 million in transactions and counting
•The Holm Group lives in and has represented buyers and sellers in Scottsdale Ranch
•We have 6 full time licensed professionals to assist you with all of your real estate needs.
•If you are looking at doing any home improvements give me a call as I have access to a variety of qualified contractors that can assist you in achieving top dollar for your home.

I look forward to earning your business not only for today, but in the years to come.

Andrew Holm, ABR
The Holm Group
Prudential Arizona Properties
Office: 480-767-2738 Cell: 480-206-4265
Email: [email protected]