Preliminary details are being worked out for a project that will see the building of retail and restaurant space, as well as hotels, on 100 acres of land in Scottsdale.
What is being called the Riverwalk will see the creation of walkable village-like development running alongside the 101 Freeway within the Salt River Pima Maricopa Indian Community.
The site, between East Via de Ventura on the north and Talking Stick Way on the south is about 8 miles to the northeast of downtown Scottsdale.
A complicated project long in the talking stage, the Riverwalk will also include immersive art attractions as well as special event venues.
Earlier reports have additionally indicated that the site could see the creation of a corporate office innovation campus.
The Scottsdale-based Caliber Company has now announced it has purchased lease rights at the site in order to begin developing the project.
In a statement, Chris Loeffler, chief executive officer of Caliber, said the lease rights purchase represents a “terrific opportunity to develop a premier entertainment and multi-use destination in Scottsdale.”
The Salt River Pima Maricopa Indian Community comprises more than 52,000 acres bordering the cities of Scottsdale, Tempe, and Mesa.
By Garry Boulard
