Optima McDowell Mountain Village receives approval from Scottsdale City Council - Phoenix Business Journal

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Optima McDowell Mountain Village receives approval from Scottsdale City Council - Phoenix Business Journal
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City documents show that Optima looks to start on construction as soon as possible after being given the green light from Scottsdale City Council. phoenix

A mixed-use project that could represent a capital investment of $1 billion in north Scottsdale received its thumbs up.

Optima will build studios, one-bedroom, two-bedroom and three-bedroom units that range in square feet from 775 to 2,025 square feet. Each of the six buildings will have a rooftop pool.Optima will build Optima McDowell Mountain Village on the southeast corner of Scottsdale Road and the Loop 101 freeway on a nearly 22-acre site. It has a planned address of 18777 N. Scottsdale Road.

"We're providing residences for employers like Axon and Nationwide and have a hospital built more than likely along that freeway. We've got a whole bunch of major employers and not many housing options [nearby]," said CouncilwomanHovey Jr. said his firm has been working on the concept of Optima McDowell Mountain Village since last November and modified the design of the project 11 times since. Hovey Jr.

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