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Phoneix Project CityScape Gets Smaller

Filed under: Real Estate Developments


Phoenix, Arizona's massive downtown project, CityScape is being downsized due to the economy. The $900 million development, which was announced last year, spreads over three blocks. So far, construction of more than 1,000 condos in two towers has been put on hold. Another 65 apartments have been eliminated and one of the hotels, Twelve, is out of the project. Wachovia, the anchor tenant in the project's 27-story office tower may withdraw, the P.F. Chang's restaurant chain has pulled out and businesses are wary of signing up for retail space. A 34-story tower, the future home of a 250-room Hotel Palomar and 165 condos, is still under construction. Developers are hoping that an economic rebound will be underway by the time the first shops and offices open in 2010.

Major Phoenix Condo Project Goes Into Receivership

Filed under: Real Estate Developments


A glamorous condominium project in Phoenix, Arizona has been placed into receivership. The Century Plaza project is an office building converted into condominiums. AZ Central reports that M&I Marshall & Ilsley Bank filed a lawsuit in Maricopa County Superior Court saying owner Equus Realty was in default on its loan. A receiver has been appointed and will oversee operations of the project but Equus Realty will retain ownership. The building is completed and the receivership should not affect residents. Century Plaza is just one of several condo projects in the area whose developers are struggling with low occupancy levels and inflated condo prices. Prices at Century Plaza start in the high $200,000s and go up over $1 million.

Camelback Contemporary, Estate of the Day

Filed under: Estates


Today's estate would be a lot to live up to, the cool factor is pretty high. Out of the sleek modern homes perched on Camelback Mountain with views of Phoenix, Arizona, this is one of the best. The three-bedroom home features glass walls which open out onto terraces and a cantilevered pool and submerged Jacuzzi which seem to float above the city lights. The property also includes a 100 foot mountainside waterfall. The mountain comes inside the home in the 16-person home theater which has a rock wall. The home also features a separate catering kitchen, wet bar, full gym with a rockclimbing wall and a two-bedroom guest house. The garage has clear doors to showcase your exotic cars and the property also includes a putting green. A virtual tour with more pictures is here. This home is listed at $9.4 million.

For more prime properties and lush locations, see Luxury Homes and Mansions.

Stogies & Sticks Mancation Package

Filed under: Cigars, Services, Spirits


Gentlemen, save the date: From Thursday, October 16 - Sunday, October 19, The Arizona Biltmore Resort & Spa in Phoenix is offering the ultimate guy getaway: the Stogies & Sticks Foursome Mancation. Brace yourselves for a long weekend of lighting up fine cigars, sipping premium bourbon, dining on delectable American Lodge Cuisine and teeing off on two of Phoenix's best golf courses.

The three-night/four-day vacation package for four kicks off at with a Bourbon & Cigar Dinner in the resort's signature restaurant, Wright's at The Biltmore. An array of top-brand cigars will be offered and selections from the Jim Beam Small Batch Bourbon Collection will be poured. Friday and Saturday will be golf days on the Arizona Biltmore's two outstanding courses, with 18-hole Adobe one day and 18-hole Links the next.

The mancation package includes accommodations for three nights, the Bourbon & Cigar Dinner, and two rounds of golf with daily breakfast: $450 per person, double occupancy, per night. Add three days of golf ­and a total of 54 holes with an instructional option at the Hilton Golf Academy: $300 per person.

Green Townhomes at the Aura at Camelback

Filed under: Estates


Green real estate heads to Phoenix, Arizona in the form of the Aura at Camelback. The project will be a sustainable luxury-living development of 36 three or four-story townhomes. Each home will have a private elevator and a two-car underground garage as well as air-conditioned underground storage and a rooftop garden. The project will be completely solar powered. The development will certified LEED Silver and the solar system will generate all the electricity needs for the unit. The Aura will feature six floor plans ranging from 2,469 to 3,147 square feet. Homes will start at $900,000 and be as expensive as $1.3 million and construction is expected to begin in May.

Camelback Mountain, Estate of the Day

Filed under: Estates


Yesterday's estate had 70 pics, today, just seven but what a lovely seven they are. This modern house in Phoenix, Arizona just hit the market. The five-bedroom home has around the same square footage as yesterday's home but with less land and a far better view. You couldn't ask for a dreamier infinity pool than this one. The home has three levels, each with expansive decks.There is a large media room on the lower level that is built into the mountain. The contemporary blue kitchen has Snaidero cabinets, Miele appliances and a Gaggenau pizza oven. It is listed at $7.9 million.

Phoenix Contemporary, Estate of the Day

Filed under: Estates


One look at the gate of this home in Phoenix, Arizona lets you know that it is no ordinary McMansion. This contemporary home is set into a hillside and has views of the Phoenix skyline and of Camelback Mountain. The home has an impressive atrium entrance with a water feature and there is a glass elevator. The main house has three bedrooms, two office areas, a workout room and a home theater. There is also a large guest house, seven car garage, and an outdoor pool area. It is listed at $4.695 million. After the jump, somebody loves navy blue.

John McCain's New Digs

Filed under: Estates, Celebrity Shopping

We mentioned a while back that John McCain and his wife, Cindy were trying to sell their house. Now check out their new digs. KVOA reports that they have spent $4.66 million for a luxury condo in Phoenix. Cindy McCain's trust is buying two condos at 2211 Camelback, a new condo tower that has a rooftop pool and concierge services. The building has original artwork, a resident "party room" with a separate guest entrance from porte-cochere, fireplace, 50" plasma screen television, wet bar and catering kitchen, business and fitness centers. Construction should be done by the end of the year. The political duo will be combining the two apartments to create a nearly 7,000-square-foot residence, which is large but still quite a bit smaller than their 11,000 square-foot old house (which according to the listing is still on the market).

Phoenix Yacht for Charter

Filed under: Water

Interested in getting away this winter? Well, if the Caribbean is on your mind, why not take a cruise? Of course, I'm not talking about a 3,000 passenger, floating feeding trough. How about a 200 ft. Lurssen motoryacht for you and 11 of your chums. Launched in 2004, Phoenix won Showboats Internationals "Best Interior" award and features an Art Deco design from superstar yacht designer Andrew Winch.

The interior features loads of marble and lacquered panels. A Dakota Jackson Steinway anchors the main salon while a vaulted ceiling illuminates the upper deck living area. The two story owner's suite has a stateroom and baths (yes, plural) on the main deck, and a panoramic study on the upper deck. Phoenix comes with all the prerequisite toys such as jet skis, water skis, and diving gear, all of it tucked away in two aft garages. If you decide you want to take Phoenix out for a week this winter, call the nice folks at Moran Yacht and Ship. The price for a getaway on Phoenix is $480,000 plus expenses. Bon Voyage!



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