Scottsdale Quarter development could include apartments, hotel, retail

Further development of the Scottsdale Quarter could include apartments, a hotel and additional retail on the eastern side of the property. Glimcher Realty Trust has picked the Zaremba Group LLC of Cleveland to build 350 luxury apartments on the 28-acre site southeast of Scottsdale Road and Greenway-Hayden Loop, said Kent Chantung of Zaremba. An $80 million third phase of development would include ground-floor commercial space with an unidentified retail anchor, he said. Glimcher officials did not return calls seeking comment, and the Scottsdale Quarter would not elaborate on its development strategy. "There's not much I can share," said Richard Hunt, Scottsdale Quarter general manager. "Phase 3 plans are still being solidified but they include a hotel, residential and retail components." Chantung said Zaremba and Glimcher would like to begin development by the third quarter of 2012 for the remaining 9 acres of the 28-acre site. The front two-thirds of the property includes shops, restaurants, offices, a plaza and two parking garages. Scottsdale Quarter apartments would join a list of more than 5,200 apartments approved or proposed for development in Scottsdale.

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