A group of prominent Paradise Valley leaders have joined together to encourage the proposed Ritz-Carlton Paradise Valley as the town council prepares to issue a Statement of Direction on the project.
The committee, which initially includes a prominent former elected official as well as business and community leaders, is supporting the Ritz concept because of the opportunity it presents to create a world-class amenity in the community while also creating a revenue stream that will help the town achieve fiscal stability for years to come, according to a press release.
RESORT — Ritz Enhances Safety, Open Space, Revenue and Tourism — is encouraging the town council, town staff and planning commission to work proactively and expeditiously to make the Ritz-Carlton Paradise Valley a reality at long last. The group has recently signed on the following leaders in the past week, with more to come in the near future:
• Jini Simpson, former Paradise Valley Town Council member
• Bill Doughterty, publisher of Trends Magazine
• Eddie Matney, prominent local restaurateur
• Nate Nathan, local real estate expert
• Jennifer Moser, business and charitable leader
“The Ritz-Carlton Paradise Valley would be a crown jewel for our community and a significant source of revenue to meet community needs. This project has been a long time coming and is an incredible opportunity for our community. As we did in 2008 when I was on the council, we will need compromise and collaboration to get this project to an appropriate place for all,” former town councilwoman Jini Simpson stated in the release.
The group said the revenue generated by the Ritz-Carlton will ensure that Paradise Valley never has to experience a property tax, while ensuring full funding for public safety and other critical needs.
The new Ritz-Carlton Paradise Valley plan was submitted in May for the Town’s consideration. It includes the construction of the world-class resort as well as supporting uses. The Paradise Valley Town Council is scheduled to take its first action on the proposal by issuing a Statement of Direction on June 11.