Write to Reply: Five Star offers response to ‘Home for the holidays’ article

The Town of Paradise Valley Independent ran a story on Nov. 21 titled “Home for the Holidays: Rosen family compromise likely at Azure Paradise Valley” where Five Star Development and The Ritz-Carlton, Paradise Valley were mentioned numerous times. However, the newspaper never sought comment or fact checking from anyone at Five Star to give a […]

Pursued amendments push back Ritz-Carlton Paradise Valley debut

While many have speculated on it and few have been able to provide concrete answers, Five Star Development officials contend the Ritz-Carlton, Paradise Valley resort community will begin to sprout sometime over the next calendar year. The Paradise Valley special-use permit — approved by a 4 to 3 vote in early 2016 — entitles Five […]

Ritz-Carlton Paradise Valley breaks new ground seeking Five Star excellence

On a picturesque February morning in the Town of Paradise Valley, local dignitaries gathered to celebrate Ritz-Carlton Paradise Valley’s site dedication. The event has been years-in-the-making, resort, development and municipal officials all agreed during a Feb. 20 event held on the 122-acre Ritz-Carlton construction site at 7000 Lincoln Drive. Offering an ice sculpture to pour […]

Building a behemoth: the Paradise Valley Ritz-Carlton

Five Star Development gave the Town of Paradise Valley Independent an inside look at the progress being made in the effort to make the Paradise Valley Ritz-Carlton resort community come to life. Scottsdale-based Five Star Development, which was founded by prominent developer Jerry Ayoub, is the entity that is bringing the Paradise Valley Ritz-Carlton development […]

The Paradise Valley Ritz-Carlton continues journey into reality

The final pieces of the Paradise Valley Ritz-Carlton resort community development puzzle are beginning to interlock as Five Star Development has announced its proposed construction timeline for the resort and commercial development behemoth. Meanwhile anchor partner Shea Homes Arizona is seeking zoning amendments for its proposed housing stock while a traffic calming measure along Indian […]

Five Star sells 23-acre swath to Shea Homes in the Town of Paradise Valley

Five Star Development recently sold a 23-acre swath of land to Shea Homes within the Ritz-Carlton community in Paradise Valley. According to a press release, Five Star Development, owner and masterplan developer of the Ritz-Carlton, closed the deal with Shea Homes, which is debuting a new high-end brand called, Shea Signature, for the sale of […]

Paradise Valley seals the deal for Ritz-Carlton resort community

The Town of Paradise Valley is getting its Ritz-Carlton resort community on a 105-acre swath of land an arrow’s shot from Scottsdale and Lincoln roads. Following hours of deliberations — and a possible reconsideration of the Dec. 21 approval of the plans — Paradise Valley Town Council by a 4 to 3 vote Thursday, Jan. […]

Frazee: Ritz-Carlton will make Paradise Valley residents proud

I’d like to take a moment and provide our perspective on what the approval of the new Ritz-Carlton project will mean for Paradise Valley, and what residents will see moving forward. As described below, I also want to invite citizens to get involved with our project. We want and need more input now more than […]

Paradise Valley Town Council OKs Ritz-Carlton resort juggernaut

Paradise Valley Town Council Monday, Dec. 21 approved a special-use permit allowing Five Star Development to build a Ritz-Carlton resort community — the largest commercial development in the municipality’s history. Paradise Valley Mayor Michael Collins along with councilmembers Mary Hamway, Mark Stanton and Maria Syms voted for the measure while Vice Mayor Paul Dembow and […]

Paradise Valley denies Ritz-Carlton proposal as presented Dec. 17

Four of the seven members of Paradise Valley Town Council held steadfast to their assertion last Thursday that the current Five Star Development proposal to build a luxury resort community is too dense, has too many unknown variables and lacks firm financial commitments to benefit the community at large. During a public hearing Dec. 17 […]