Developer plans $390 mil makeover in part of downtown Scottsdale entertainment area
A developer who is already putting in a high-end hotel in downtown Scottsdale is proposing to redevelop part of the city's popular downtown nightclub district into a broader mix of attractions.
Triyar Companies LLC, which is developing the W Scottsdale Hotel, has proposed a $390 million makeover of a 10-acre area southeast of Scottsdale and Camelback roads with new clubs, restaurants, condos, offices, a hotel and a bowling lounge - an upscale bowling alley that also offers food, drinks and other amenities. Axis/Radius, Myst and Suede would be rebuilt as smaller clubs in a later phase of the project, after 2010, said Shawn Yari, a Triyar principal.
Triyar has an ownership interest in the clubs.
"We feel this area is ripe for redevelopment," he said, adding it would replace dozens of aging buildings.
The unnamed development of 850,000 square feet would stretch from Buckboard Trail and Camelback Road to Sixth Avenueand Civic Center Plaza.
The idea is to diversify the demographics of Scottsdale's entertainment district, with more one-of-a-kind restaurants, coffee shops, delis and smaller nightclubs, Yari said.
The new Myst and Suede would open in 2010 and Axis/Radius would move to a new building in 2012, said Les Corieri, a general partner of Evening Entertainment Group, which operates the clubs.
Scottsdale City Council members Bob Littlefield and Tony Nelssen said at first glance they have no objections to the redevelopment but will withhold judgment until they see a detailed proposal.
"It depends on what the exact plan turns out to be," Littlefield said, adding that he is pleased that there is no request for a city subsidy or height variance.
However, the councilman said he would have a problem if the project overtaxes the city's sewers or roads.
Nelssen said the proposed redevelopment area is a hodgepodge that could be improved, but he would like to see a good overall design of the buildings.
"I want to see some architecture with a capital A," he said. "That somebody actually thought about what this looks like and it's not like everything else."
Neighborhood activist John Washington, who had not yet seen the plans, said he is concerned about the secondary impacts of Triyar's proposal on downtown traffic.
The proposed development would not directly affect residential areas but it could clog traffic along Camelback Road in an increasingly congested corridor, he said.
The buildings would generally be from three to five stories high but a hotel along Camelback could be as tall as 72 feet.
Triyar plans to file a rezoning application for the project next week.
If approved, Triyar wants to start building by the end of 2008 and complete half of the project by 2011.