Sunday, November 25, 2012
Developer’s plans may clash with Borgata shopkeepers’
A homebuilder has plans to redevelop the Borgata of Scottsdale, but merchants at the faux-Italian village say they are open for business and aren’t closing their doors anytime soon. Femme de Paris owner Cindy Carias said she and a few other tenants have leases through December 2014 and plan to stay until then. “The new owners have a long way to go to get permits to bulldoze this place down,” Carias said. “I want people to know we’re still here.” The shopping center northwest of Scottsdale Road and McDonald Drive has been in flux since AV Homes Inc. bought the 90,000-square-foot property in September for $12.8 million. The Scottsdale builder submitted preliminary plans to Scottsdale this week to build 250 condos in buildings of up to four stories, said Ken Plonski, AV Homes vice president of communications. Read more: Developer’s plans may clash with Borgata shopkeepers’
Labels:
arizona,
commercial real estate,
scottsdale