2 big multifamily projects pass first test
Scottsdale’s Development Review Board recommended approval of two projects with 492 apartments, together named Mercado Courtyards. The city decided the development is compatible and beneficial, a good move considering “essential workers” and anyone who works within a mile of the site will get a 10 percent discount and a maximum five percent rent increase each year, and 10 percent of the units are set aside for seniors. The developer also added step-backs and several other changes based on public input.
