South Scottsdale Condo Project - Toll Brothers

The Phoenix Business Journal reports that Toll Brothers has purchased the Residences on Main in South Scottsdale, a development of 62 townhomes and 96 condominiums at 6833 E. Main Street in Scottsdale. The property was purchased from Arizont Investments LLC for $19.2 million. The new development will be Toll Bros. first "City Living" division project in Arizona. The six story development will feature two and three story residences on the upper floors and retail and commercial uses on the first floor. Sales will begin this fall. Details on pricing have not been released. More...