Plans for the construction of a three-story, 9,100-square-foot building in Old Town Scottsdale that will house an upscale steakhouse are expected to be reviewed and perhaps voted on by members of the Scottsdale City Council in January.
The project belongs to the investment company Wags Capital, which is based in Lehi, Utah, and will go up on a less than one-acre site at 7323 E. Shoeman Lane in a neighborhood dominated by apartment complexes and small retail operations.
The building at the site, which currently houses a pizza shop and a restaurant that closed its doors about two years, is slated for demolition to make way for the new steakhouse structure.
Council members will be tasked with approving a site rezoning proposal for the project, following a vote by the Scottsdale Planning Commission in September which gave a green light to the project.
The steakhouse will be called Wags and will feature a rooftop terrace. Plans also call for an outdoor patio, 10-foot-wide sidewalks on both sides of the building, and 44 parking spaces.
Wags Capital is a diversified investment firm uniquely specializing in both real estate as well as food and beverage projects. The company has launched a Latin food restaurant called Las Botellas in Riverton, Utah; and the Kokonut Island Grill, with two locations in Salt Lake City; among many other projects.
By Garry Boulard
