Bankruptcy outcome sets stage for redefinition of Phoenix real estate’s crown jewel

Crown Realty & Development appears likely to play an unprecedented role in how the future of economic development will unfold in the Valley of the Sun, the City of Phoenix — and perhaps the state of Arizona. “To fund public education you have to make hay while the sun shines and what that means in […]

Mountain Shadows Resort hosts Aug. 2 Paradise Valley Town Council debate

The iconic Mountain Shadows Resort will host the 2018 Paradise Valley Town Council debate where governing board hopefuls will deliberate local issues that matter. The event is from 7 to 8:30 p.m. Thursday, Aug. 2 at the Mountain Shadows Resort, 5445 E. Lincoln Drive in the Town of Paradise Valley. Paradise Valley Vice Mayor Jerry […]

Chippindall: Mountain Shadows returns to excellence in Paradise Valley

After more than a dozen years of working to make Mountain Shadows a reality, we were delighted to finally open our doors in April. The resort sits between Mummy Mountain and iconic Camelback Mountain, truly in the heart of Paradise Valley. We recently received some national accolades, and could not be more proud. Vogue named […]

Mountain Shadows Resort In Paradise Valley to open its doors April 1

Mountain Shadows has made its return to the Town of Paradise Valley after the resort has been closed since 2004. The $100-million new resort will open Saturday, April 1 at 5445 E. Lincoln Drive. The project is 12 years in the making and is the first resort to open in Paradise Valley in eight years, […]

Paradise Valley welcomes new chapter of Mountain Shadows development saga

The pieces of the years-long development puzzle that was the Mountain Shadows redevelopment saga continue to come together as local leaders begin to see new structures sprout and asphalt laid in the heart of Paradise Valley. The now-demolished resort property, at 56th Street and Lincoln Drive, had been vacant since September 2004. The land, however, remains the centerpiece to an affluent subdivision known as Mountain Shadows east and west, which contains just under 120 homes. Paradise Valley Town Council unanimously approved a special-use permit April 18, 2013 to give Crown Realty & Development, then-owner of the entire property, the green light to begin revamp efforts.