sanctuary on camelback

Makeovers For Paradise Valley Resorts

The Arizona Republic reports that the hotels in Paradise Valley's "resort row" are heading for some big changes. The hotels along Lincoln Drive are spending a total of almost $500 million on various projects between now and 2008. Here's a breakdown of what's going on:

--Crown Realty & Development demolished the La Posada Resort and plans to build the $230 million Montelucia Resort, Spa and Residences in its place. They are also hoping to replace the old Mountain Shadows Resort with a $200 million property.
--Camelback Inn, a Marriott Resort & Spa, will spend $40 million to update its guestrooms, overhaul its restaurants and the ballroom.
--Sanctuary on Camelback Mountain and Hermosa Inn are also updating their guest rooms

It is expected that the upgrades will lead to higher rates and also hopefully to a raised profile for Paradise Valley as a resort destination. The area is already famed for its high-end real estate which makes the building of resorts problematic since neighbors want to make sure that the resorts don't change the quality of life in the area.

Source

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