Diversified Partners has officially closed on the landmark Scottsdale waterfront property that will become The Lakefront at Scottsdale, a mixed-use redevelopment designed to revitalize one of the area’s most recognizable lakefront sites. The Lakefront at Scottsdale represents the revitalization of a landmark waterfront site in Scottsdale, transforming a long-established location into a destination for dining, curated retail and gathering spaces. The development integrates hospitality-driven experiences with thoughtfully designed public spaces that connect the lakefront environment with surrounding retail and restaurant uses.
DEEPER DIVE: Arizona, California, Nevada reach historic agreement to protect Colorado River
With uninterrupted views of the lake and the iconic Camelback Mountain, the project is designed to encourage daily activity, extended visitation and long-term value for the surrounding community. Located just east of Scottsdale Road off McCormick Parkway, the approximately 100,000-square-foot property will be redeveloped in phases into a destination featuring restaurant, retail and office space centered around walkability, gathering spaces and waterfront activation…