Flaxman’s plea deal won’t impede development, owner of City North property says

The plea agreement made by Robert Flaxman will not affect Crown Realty & Development’s plans to move forward on its recently acquired 96.5-acre parcel in the Desert Ridge area, company officials say. In January, an affiliate of Crown Realty & Development acquired a core parcel in the coveted City North and Desert Ridge “Master Developer” […]

Flaxman among those charged in college bribery scandal

A prominent Valley developer credited with both spearheading the Mountain Shadows redevelopment and Omni Scottsdale resorts is one of 50 people charged in a nationwide college admissions scam. Crown Realty & Development CEO Robert Flaxman is among the parents and college officials named by federal prosecutors as having taken part in a scheme that involved […]

Crown Realty acquires developer rights to Phoenix’s Desert Ridge community

Crown Realty and Development, a California-developer behind significant projects in Arizona, has closed on 96.5 acres and acquired the “Master Developer” rights in north Phoenix’s Desert Ridge master planned community. The property and rights have been the subject of active litigation and bankruptcy for a decade, according to a press release. Crown now plans to […]

Anatomy of the deal: the redevelopment of Mountain Shadows in Paradise Valley

As the resort that was Mountain Shadows becomes a distant memory and the resort that is Mountain Shadows begins to establish its own identity local dignitaries are beginning to come to see the vision that’s taken more than a decade to be realized. The once proud Mountain Shadows Golf Resort in the heart of the […]

The Mountain Shadows chronicle embarks upon new narrative April 1

The culmination of countless hours of negotiation, planning and debate will be realized Saturday, April 1 as Westroc Hospitality opens the doors to a redefined Mountain Shadows Golf Resort. A partnership between Westroc Hospitality and Woodbine Development Corp. has spurred the creation of a luxury resort and 18-hole golf course at 555 E. Lincoln Drive […]

Lyon eyes resort redefinition at Paradise Valley Mountain Shadows property

Thursday, Dec. 3 marked the first day of the new chapter at what was once known as the Mountain Shadows Golf Resort in the Town of Paradise Valley. A partnership between Westroc Hospitality, Woodbine Development Corp. and Crown Realty & Development is spurring the creation of a luxury resort and 18-hole golf course that officially […]