The Scottsdale City Council narrowly approved the planned redevelopment of the southeast corner of Scottsdale and Camelback roads known as the Scottsdale Collection at its Monday evening meeting.
The project, planned by Los Angeles-based Stockdale Capital Partners, totals 10.25 acres of land, though not all will be redeveloped. In total, plans call for the project to include 580,451 square feet of commercial space and 512 units of residential.
The site is adjacent to where Stockdale is already developing the Marquee office building at Scottsdale Road and Shoeman Lane.
Mayor Jim Lane and Councilwomen Linda Milhaven, Suzanne Klapp and Virginia Korte voted in favor of the redevelopment.
