Sought-After Condominium Community Now 80% Sold with Prime Residences Still Available
Scottsdale natives know that now is the time to embrace the best our weather and culture have to offer.
Consistently named one of the most livable cities in the country, Scottsdale’s allure for locals and visitors alike has only increased in recent years with some of the Valley’s top events and most exciting development taking place in the area.
The “new luxury corridor” emerging at the Loop 101 and Scottsdale Road allows residents and visitors to embrace the best of the Valley while taking in stunning views of the surrounding McDowell Mountains. It’s a view that makes thousands of visitors say the same thing each year — “We should move here.”
Demand for luxury properties in Scottsdale continues to surge, as reflected by Portico, Chicago-based Belgravia Group’s condominium development, located within the corridor. Now under construction, sales for the 112-condominium community are outpacing Belgravia Group’s highest expectations, with more than 80% of residences sold.
Prime inventory is still available. With two-, three- and four-bedroom floor plans from the $900’s to $2 million, Portico stands out as the standard for North Scottsdale living.
“Belgravia Group knew the Loop 101 and Scottsdale Road corridor was special when we originally envisioned Portico, but the area has continued to unveil itself as the Valley’s newest hot spot for entertainment and livability,” said Elizabeth Brooks, Executive Vice President of Sales and Marketing at Belgravia Group. “With such a promising future ahead, we are excited to see the Portico community come to life.”
Belgravia Group recently received the 2023 Phoenix Agents’ Choice Award for Multi-Family Project of the Year for Portico. The condominiums in this private gated community, designed by the award-winning international architecture firm KTGY, offer up to 2,768 square-feet of luxurious indoor living space along with generous private terraces. The community’s amenities include an upscale clubhouse, outdoor pool and spa, and state-of-the-art fitness center.
Cambridge Properties is the brokerage leading the sales for Portico.
“With so many eyes on the Loop 101 and Scottsdale Road corridor this time of year, it’s no wonder we’re seeing incredible demand for a unique property like Portico,” said Keith Mishkin, CEO and President of Cambridge Properties. “Portico stands out as an ownership option in an area where build-to-rent is hot. With Belgravia Group’s signature personalized design process, Portico’s homeowners can truly put their stamp on their piece of the area.”
Portico is a key piece in DMB’s One Scottsdale masterplan development, which is planned to include up to 2.8 million square feet of retail and office space, 2,000 residential units and 400 hotel rooms upon completion.
The Scottsdale Road and Loop 101 Corridor has expanded with luxury amenities abound.
Portico’s ideal location will put residents just a short distance from some of Scottsdale’s top dining, entertainment and shopping destinations, including Kierland Commons, Scottsdale Quarter, Chef Scott Conant’s Americano, TPC Scottsdale and more. Plus, Portico’s proximity to the 101 allows easy access to all major cities throughout the Valley.
Portico is estimated to be completed in Spring 2025, with initial deliveries in Fall 2024.
To learn more about Portico and schedule your appointment, visit www.porticocondos.com. To learn more about Belgravia Group, visit www.belgraviagroup.com or follow Belgravia on Facebook or Instagram.
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