Optima has launched sales at the first condominium tower at Optima McDowell Mountain, a $1 billion mixed-use project currently under development in North Scottsdale, Ariz.

The condominium project is part of the development’s first phase, and is expected to come online in summer 2027. The first phase also includes one residential tower with rental units, set to reach completion this fall.

Construction on the first building began in March last year, with Mitsui Fudosan America Inc. as development partner, according to AZ Big Media. In late 2023, the developer secured $102.2 million in construction funds for the first phase from Sumitomo Mitsui Banking Corp, according to Maricopa County public records.

The first condo tower, dubbed 7230, will include 196 units ranging from 728 square feet to 2,204 square feet. Floorplans will range from one to three-bedroom units with floor-to-ceiling windows, private terraces and smart-home technology. Prices for one-bedroom units will start in the $600,000s, while the two- and three-bedroom units will range from $900,000 to $1.4 million.

Optima McDowell Mountain will include six eight-story buildings built across 22 acres, with condos and rental apartment units encompassing 1,330 luxury residences, 36,000 square feet of retail and restaurant space and nearly 1.5 acres of amenities for each building.

The first tower is located at 7230 E. Mayo Blvd. Interiors are designed to include walk-in closets, kitchens with granite or quartz countertops, custom-crafted cabinetry and JennAir and SubZero/Wolf appliances, bathrooms with frameless glass showers and Kohler fixtures, among others.

Blending sustainability & amenities

Amenities at 7230 E. Mayo Blvd. include a sky deck on the rooftop level, a heated lap swimming pool, an outdoor spa, sauna, cold plunge, lounge spaces, indoor and outdoor yoga studios, entertainment spaces, outdoor kitchens, firepits and a running track.

Meanwhile, the project’s ground-level amenity package includes a fitness center, Pilates studio, massage room and spa lounge, as well as an indoor golf simulator, business center with conference rooms, indoor pickleball and basketball courts, children’s playroom, party room, movie theater, pet spa and park area together with multiple outdoor spaces.

Optima McDowell Mountain will feature nearly 16 acres of open space, representing nearly 75 percent of the mixed-use development’s land area. Additionally, the project will include a 10-acre central park area with pedestrian paths and biking trails leading to the city’s trail systems.

The development will also include one of the largest private rainwater harvesting systems in the country. Designed to reduce the overall water use, it has an underground vault with up to 210,000 gallons of rainwater stored for on-site irrigation. It is the first to be built in Scottsdale under the International Energy Conservation Code and International Green Construction Code. Other sustainability features at Optima McDowell Mountain will be solar panels, air purification, underground parking with EV charging stations and self-irrigation systems for vertical landscaping.

Optima developed multiple luxury projects in the Phoenix metro. One of them is Optima Kierland, a master-planned four-tower project located about 30 miles from downtown Phoenix. The project includes two luxury rental towers and two condominium towers that were developed in two separate phases. The final tower, 7190 Optima Kierland, was completed in 2023.