An aging office property in McCormick Ranch is on track for a glow-up, with Scottsdale-based Diversified Partners planning to transform it into a compact lakefront shopping and dining hub called Lakefront at Scottsdale. The project focuses on the water-facing site at 7501 E. McCormick Parkway, where the developer aims to swap out office space for restaurants and boutique retail along the shoreline. Groundbreaking is currently targeted for June 2026.
Project details and timeline
According to the Phoenix Business Journal, Lakefront at Scottsdale is planned for 7501 E. McCormick Parkway and is expected to feature four restaurants and boutique retail, effectively converting the existing office site into a lakefront destination for shoppers and diners……