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Urban Retail to Consult on $1.5B One Scottsdale

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Urban Retail Properties just announced that it will be the retail development consultant for the $1.5 billion One Scottsdale project being built by DMB Associates.

The project is slated to begin construction in March and will open fall 2009. The project will feature 1.8 million square feet of retail and Class A office space, 400 resort and boutique hotel rooms and 1,100 residential units.

Urban has had a busy year. It addition to this project, Urban has announced joint ventures with a variety of partners, including Landmark Properties, Woodmark and MGM to build projects in the U.S. and overseas.

Urban CEO Ross Glickman talked to Retail Traffic earlier this year about the company's sudden burst of activity.

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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