Nine units have already been sold at The Ridge, the project is expected to be completed in Spring 2017. The retail value of this project will exceed $30 million, according to a press release.
“We are fortunate to have partnered with Family Development Group on this project,” said Phil Rush, asset manager for Presidio Residential Capital, in a prepared statement. “We think this product will be well received by the market.”
Thirteen Southwest-style 5-Plexes will be built by Family Development on the site that already has seven existing buildings with 35 units already completed for a total of 100 homes in the community. The community is on the fairways of Troon North Golf Club, which is on Dynamite Road approximately two miles east of Pima Road in North Scottsdale. Upon purchasing the property, which had been in foreclosure since 2007, Family Development took the same footprint of the existing buildings and completely re-designed all of the interiors to arrive at five brand new floor plans, the release states.
Each building at The Ridge will feature five condominiums with two units on the ground level and three units on the second level, the developer of the project says. The Ridge at Troon North offers resort-style living at its finest with high-end amenities including gated entry, a community pool and spa, a fitness center and a barbecue area.
A temporary sales office is located in the gym at The Ridge at Troon North, 10260 E. White Feather Lane in Scottsdale. For more information, call 480- 431-9377 or visit www.theridgetroonnorth.com.
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