What One Scottsdale’s $1 Billion Plan Means for Buyers

Luxurious interior design of white kitchen, dining room with win

Every time I drive up Scottsdale Road past the Loop 101, I notice something new going up. And now there’s big news behind all those cranes. One Scottsdale, the roughly $1 billion mixed-use community at Scottsdale Road and the Loop 101, is getting ready for its next chapter: a hotel, new restaurants, and more luxury condos, with several projects expected to start construction before the end of 2026.

I’ve been watching this corner for years, and I’ll tell you exactly why it has my attention as a Realtor. When a project this size starts filling in with places to stay, eat, and live, it changes how buyers see the entire North Scottsdale luxury corridor.

Portico luxury condos at One Scottsdale in North Scottsdale
Rendering courtesy of DMB Associates

Key Takeaways

  • One Scottsdale is a roughly $1 billion, master-planned community on the north side of the Loop 101 at Scottsdale Road, developed by Scottsdale-based DMB Associates.
  • The next phase is set to bring a hotel, restaurants, and more luxury condos, with several projects expected to break ground before the end of 2026.
  • Luxury condos here have already proven popular. Portico’s 112 residences sold out in 2024, and Atavia’s 88 condos have been priced from about $860,000 to $1.7 million.
  • A plan for about 350 more for-sale condos, averaging around 2,200 square feet, received a unanimous recommendation from the Scottsdale Planning Commission in May 2026.

Quick Answer: What Is One Scottsdale?

One Scottsdale is a roughly $1 billion mixed-use development at the northeast corner of Scottsdale Road and the Loop 101 in North Scottsdale. Built by DMB Associates, the developer behind DC Ranch, it combines luxury condos, apartments, medical offices, restaurants, and a hotel, with a new phase of hotel, dining, and condo projects expected to start construction before the end of 2026.

What’s Coming Next to One Scottsdale

Here’s what makes this phase exciting. A lot of the groundwork is already done. One Scottsdale is already home to a Home2 Suites by Hilton, the One North Scottsdale and Avion on Legacy apartment communities, the Ilume Innovation Center medical office building, a rehabilitation hospital, and quick-serve favorites like Panera Bread and Qdoba.

Now the fun part is coming. According to recent reporting in The Arizona Republic, the next wave includes a hotel, sit-down restaurants, and more luxury condos. That’s the piece that turns a collection of buildings into a real neighborhood, the kind of place where you can walk to dinner, meet friends for brunch, and put up visiting family close to home.

Aerial rendering of restaurants, shops and offices at One Scottsdale
Rendering courtesy of DMB Associates

Why Luxury Buyers Should Pay Attention

I’ll be honest, this is the part that excites me most. North Scottsdale buyers have always loved the mountain views and the space. What they’ve often told me they miss is the lock-and-leave convenience of having great dining and amenities right outside the door. One Scottsdale is building exactly that.

And the demand is already proven. Portico, a $100 million luxury condo project here, sold out its 112 residences in 2024. Atavia, by Belgravia Group, brings 88 luxury condos in 14 four-story buildings, with prices from about $860,000 to $1.7 million, and its first phase has already topped out.

On top of that, DMB has been working through the city’s approval process to add about 350 more for-sale condos, averaging around 2,200 square feet, between Legacy Boulevard and the Loop 101. To make room, the plan trims roughly 1.3 million square feet of commercial space. The Scottsdale Planning Commission unanimously recommended the change in May 2026, and the plan would not allow short-term rentals. I love that detail, because it tells me these homes are meant for people who actually want to live here.

Plus, the location is hard to beat. You’re close to the Scottsdale Airpark, Kierland, Scottsdale Quarter, the TPC Scottsdale area, and the McDowell Sonoran Preserve. If you’ve been reading my thoughts on what makes Scottsdale’s most coveted neighborhoods so hard to replace, this corridor checks a lot of those boxes.

Master plan rendering of One Scottsdale along Scottsdale Road and the Loop 101
Master plan rendering courtesy of DMB Associates

Scottsdale Real Estate Market Snapshot: September 2026

New development is exciting, but I always want my clients to see the numbers too. These figures cover Scottsdale single-family homes in September 2026, from Arizona Regional MLS (ARMLS) data compiled by The Cromford Report:

Current Scottsdale MLS Statistics
  • Median Sold Price: $1,149,500 (up 8.4% from $1,060,000 a year ago)
  • Average Days on Market: 92 days
  • List-to-Sale Price Ratio: 96.1%
  • Active Inventory: 1,179 homes (down 13.6% from a year ago)
  • Months of Supply: 3.3 months

Here’s my take: Scottsdale values keep climbing, while homes are taking about three months to sell and closing around 96% of list price. That gives luxury buyers room to negotiate today. But with inventory down from last fall and a billion-dollar neighborhood filling in right next door, I don’t expect North Scottsdale’s luxury corridor to get any cheaper. Buying before the hotel and restaurants open is how you get in ahead of the crowd. For the full picture, read my 2026 Scottsdale Real Estate Market Report and my take on what a billion dollars in sales says about Scottsdale real estate.

Featured Snippet: Is One Scottsdale a Good Place to Buy a Luxury Condo?

Yes. One Scottsdale offers luxury condos in a roughly $1 billion master-planned community at Scottsdale Road and the Loop 101, with a hotel, restaurants, and more condos planned. Earlier projects sold quickly, including Portico, which sold out in 2024, and Atavia condos have been priced from about $860,000 to $1.7 million, making it a strong option for lock-and-leave luxury living in North Scottsdale.

Frequently Asked Questions

Where is One Scottsdale located?

One Scottsdale sits at the northeast corner of Scottsdale Road and the Loop 101 in North Scottsdale, with access near Legacy Boulevard and Thompson Peak Parkway.

Who is developing One Scottsdale?

Scottsdale-based DMB Associates, the same developer behind DC Ranch, is leading the project and has partnered with builders like Belgravia Group on individual condo projects.

What is being added to One Scottsdale?

The next phase includes a hotel, restaurants, and more luxury condos, with several projects expected to start construction before the end of 2026.

How much do condos at One Scottsdale cost?

Atavia’s luxury condos at One Scottsdale have been priced from about $860,000 to $1.7 million. Pricing for future condo phases has not been announced.

What is the median home price in Scottsdale right now?

The median sold price for Scottsdale single-family homes was $1,149,500 in September 2026, based on ARMLS data compiled by The Cromford Report.

Looking for Luxury in North Scottsdale?

If a lock-and-leave condo with mountain views, great dining, and a hotel right down the street sounds like your next chapter, let’s talk. I’d love to walk you through the luxury options around One Scottsdale and the rest of the North Scottsdale corridor, including what’s on the market right now and what’s coming next.

👉 Browse Scottsdale luxury listings: https://everythingazliving.com/active-listings/

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👉 Connect with Raquel directly: https://www.facebook.com/TheResultsGroup

North Scottsdale is growing up, and the best time to get in is before everyone else notices.


About the Author: Raquel Quinet

Raquel Quinet is the founder of EverythingAZLiving, a trusted resource for buyers, sellers, and families exploring life in Scottsdale and the surrounding communities.

She shares practical market insights, neighborhood guides, local business updates, and lifestyle recommendations to help buyers make confident real estate decisions. Her goal is to give clients a complete picture of what it’s really like to live in Scottsdale, because choosing the right community is just as important as choosing the right home.

👉 Explore more Scottsdale guides and local insights: https://www.everythingazliving.com

👉 Connect with Raquel: https://www.facebook.com/TheResultsGroup

Market data: ARMLS via The Cromford Report, Scottsdale single-family homes, September 2026. Project details from The Arizona Republic, DMB Associates, and public City of Scottsdale planning records. Renderings courtesy of DMB Associates.