Key takeaways

• Scottsdale, Arizona’s planning board has approved plans for a developer to reduce 1.3 million square feet of planned commercial space in favor of more condos.
• Belgravia Group, the builder behind two condo projects at One Scottsdale, could move forward on additional homes.
• The mixed-use development is home to life sciences and medical office users, condos and luxury apartments.

The developer behind the One Scottsdale mixed-use project plans to trade more than 1 million square feet of planned commercial space in favor of 350 for-sale condominiums.
DMB Associates cleared a checkpoint from Scottsdale, Arizona’s planning board to rethink roughly 27 acres of the more than 100 acres at One Scottsdale. That portion, which was once slated to hold 2.8 million square feet for commercial use, was reduced to about 1.5 million square feet and could accommodate 350 additional condo units, a Marriott Autograph Collection hotel, and a public events plaza.

The next phases of the Chicago-based Belgravia Group’s condos could join the development as a result of the amended project vision.

The retooling for more housing results from changing market conditions stemming from the COVID-19 pandemic, said John Berry, an attorney representing One Scottsdale, at a May 13 Scottsdale Planning Commission meeting. Berry added the planned Arizona Cardinals’ team headquarters and new performance center, which is also directly to the west, to the request.

The area is located off the Loop 101 freeway within the Desert View neighborhood in north Scottsdale, where average home values have jumped more than $170,000 over a five-year period.

High-traffic retail centers, a growing number of corporate users, new home communities and luxury residential developments call this stretch of the freeway home. Across the street from One Scottsdale is the emerging Optima McDowell Mountain development. Active listings range from about $700,000 to over $3 million.

In total, 55 condos are available for sale immediately north and south of Loop 101 and Scottsdale Road, where One Scottsdale is located.

With rising commercial activity in the area, DMB is looking to restock its condo supply at One Scottsdale, as a limited number of units remain from its initial developments.

Belgravia is close to finishing up Atavia, an 88-unit condo development — the group’s second project in One Scottsdale. The firm entered Arizona with Portico, which has 112 for-sale units at the development.

In a December 2025 interview with Homes.com News, Belgravia’s co-founder and chairman, Alan Lev, expressed interest in expanding the firm’s pipeline within One Scottsdale as Atavia enters the later stages of development.

The 88 units in Atavia are a mix of two-, three- and four-bedroom units, priced from $860,000 to $1.7 million. Units range in size from 1,570 to 3,015 square feet. Each unit comes with two-car garages and individual entries into the home.

As of March, roughly half of those units were claimed by future residents. The first residents are expected to move in this winter.

Prior to the vote, Berry added that the average size of the future condos at One Scottsdale will have 2,200 square feet of livable space.

The commission voted to recommend approval of the reconfigured vision on May 13, and the city council will have the final sign-off for the plans.

One Scottsdale, located at the intersection of the Loop 101 and Scottsdale Road, is home to life sciences and medical office users, condos and luxury apartments.

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Visit Optima McDowell Mountain for more details