North Scottsdale Mega Flip: 350 Luxury Condos Muscle In On One Scottsdale Offices

One of North Scottsdale’s biggest master plans is in for a makeover, with developer DMB Associates looking to trade a chunk of future office and retail space for about 350 luxury condos at One Scottsdale. The 120‑acre site at the northeast corner of Scottsdale Road and Loop 101 would tilt more heavily toward for‑sale housing and less toward desks and storefronts.

Proposal Details And Scale

DMB has filed an amendment to One Scottsdale’s land‑use budget that would add roughly 350 for‑sale condominium units, according to the Phoenix Business Journal. The company has previously described One Scottsdale as a roughly $1 billion mixed‑use development, language that dates back to a 2022 company announcement when it began pushing the project forward, as noted by DMB Associates. The developer has framed the new amendment as an effort to “right‑size” those original entitlements for today’s market.

How The Numbers Would Shift

City filings show DMB wants to trim nonresidential entitlements by about 1.3 million square feet, which would take the commercial total from roughly 2.8 million square feet down to about 1.5 million square feet, while reallocating more residential density to the southern portion of the master plan. The request sits inside a broader effort to rework the site’s land‑use budget detailed in City of Scottsdale planning documents. Coverage of the original blueprint has long highlighted that larger 2.8 million‑square‑foot commercial entitlement, a scale also noted by AZ Big Media.

Why DMB Is Swapping Offices For Condos

The shift will sound familiar to anyone following commercial real estate lately. Office demand has softened in many markets, while both for‑sale and rental housing remain in high demand in places like North Scottsdale. Industry research from firms such as CBRE has tracked a growing wave of conversions, adaptive reuse projects and entitlement “right‑sizing” as developers retool office‑heavy sites to lean more on housing or mixed uses.

Atavia Rendering And The Local Product

The Phoenix Business Journal story on the amendment featured a rendering labeled “Atavia,” a nearby example of the kind of for‑sale product DMB is eyeing. Atavia itself is an approved 88‑unit, four‑story for‑sale condominium community at 19601 N. Scottsdale Road, according to the project case file in City of Scottsdale records. Those same records show Atavia secured development review board approval in 2024, and along with neighboring condo communities like Portico, it illustrates the kind of buyer demand that is helping drive DMB’s push for more for‑sale housing inside One Scottsdale.

What Happens Next

The requested amendment still has to run the usual Scottsdale gantlet, starting with staff review, then public notices and hearings before the Development Review Board and ultimately the City Council. Only after that process would the project’s entitlements officially change. Local reporting and broker commentary have suggested that replacing some planned office space with housing could reduce water consumption and ease peak‑hour traffic compared with the earlier office‑heavy plan, points previously noted by ABC15.